XY Capital Ltd bought a new stake in shares of Life360, Inc. (NASDAQ:LIF – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,330 shares of the company’s stock, valued at approximately $205,000. Life360 accounts for about 0.1% of XY Capital Ltd’s holdings, making the stock its 23rd largest holding.
Separately, Regal Partners Ltd purchased a new position in shares of Life360 during the second quarter valued at about $23,635,000.
Life360 Trading Up 0.9 %
LIF stock opened at $37.60 on Friday. The company has a 50 day simple moving average of $34.62. Life360, Inc. has a 12-month low of $26.00 and a 12-month high of $41.17.
Analyst Ratings Changes
Several brokerages have commented on LIF. JMP Securities raised their price objective on shares of Life360 from $38.00 to $40.00 and gave the stock a “market outperform” rating in a report on Friday, August 9th. Evercore ISI upgraded Life360 to a “strong-buy” rating and set a $37.00 price target on the stock in a research report on Monday, June 17th. Jefferies Financial Group assumed coverage on Life360 in a research note on Friday, August 9th. They issued a “buy” rating and a $43.00 price target on the stock. Canaccord Genuity Group raised Life360 to a “strong-buy” rating in a research report on Monday, June 17th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $40.00 target price (up from $37.00) on shares of Life360 in a research report on Friday, August 9th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $39.75.
Check Out Our Latest Research Report on Life360
About Life360
Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.
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