Life360 Inc’s filing revealed that its Chief Financial Officer Burke Russell John unloaded Company’s shares for reported $0.13 million on Jan 10 ’25. In the deal valued at $42.74 per share,3,104 shares were sold. As a result of this transaction, Burke Russell John now holds 151,858 shares worth roughly $6.59 million.
Then, Burke Russell John sold 3,104 shares, generating $128,537 in total proceeds. Upon selling the shares at $41.41, the Chief Financial Officer now owns 154,962 shares.
Before that, Burke Russell John sold 3,104 shares. Life360 Inc shares valued at $136,483 were divested by the Chief Financial Officer at a price of $43.97 per share. As a result of the transaction, Burke Russell John now holds 158,066 shares, worth roughly $6.86 million.
UBS upgraded its Life360 Inc [LIF] rating to a Buy from a a Neutral in a research note published on January 17, 2025; the price target was increased to $55 from $52. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early August with a ‘”a Buy”‘ rating. Stifel began covering LIF with “Buy” recommendation on July 02, 2024. JMP Securities started covering the stock on June 20, 2024. It rated LIF as “a Mkt outperform”.
Price Performance Review of LIF
On Friday, Life360 Inc [NASDAQ:LIF] saw its stock jump 6.90% to $43.37. Over the last five days, the stock has gained 1.45%. Life360 Inc shares have risen nearly 5.09% since the year began.
Levels Of Support And Resistance For LIF Stock
The 24-hour chart illustrates a support level at 42.32, which if violated will result in even more drops to 41.28. On the upside, there is a resistance level at 44.24. A further resistance level may holdings at 45.12. The Relative Strength Index (RSI) on the 14-day chart is 53.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.59%. Stochastics %K at 43.91% indicates the stock is a holding.
How much short interest is there in Life360 Inc?
A steep rise in short interest was recorded in Life360 Inc stocks on 2024-12-31, growing by 16411.0 shares to a total of 0.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.73 million shares. There was a rise of 2.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 17, 2024 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
