Triodos Investment Management BV Has $2.97 Million Holdings in Life360, Inc. $LIF

Triodos Investment Management BV cut its stake in Life360, Inc. (NASDAQ:LIF) by 26.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,000 shares of the company’s stock after selling 10,000 shares during the period. Triodos Investment Management BV’s holdings in Life360 were worth $2,974,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. increased its holdings in shares of Life360 by 824.1% in the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company’s stock valued at $28,000 after purchasing an additional 239 shares in the last quarter. CWM LLC boosted its position in Life360 by 71.4% in the 3rd quarter. CWM LLC now owns 384 shares of the company’s stock valued at $41,000 after buying an additional 160 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Life360 by 1,663.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 529 shares of the company’s stock valued at $55,000 after buying an additional 499 shares during the period. State of Wyoming acquired a new stake in shares of Life360 in the 2nd quarter valued at $96,000. Finally, Ameritas Investment Partners Inc. raised its position in shares of Life360 by 53.2% during the second quarter. Ameritas Investment Partners Inc. now owns 1,642 shares of the company’s stock worth $107,000 after acquiring an additional 570 shares during the last quarter. 20.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on LIF shares. Citizens Jmp cut Life360 from a “market outperform” rating to a “market perform” rating in a report on Monday, January 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Life360 in a research report on Monday, December 29th. DA Davidson initiated coverage on shares of Life360 in a research note on Thursday, December 11th. They issued a “buy” rating and a $94.00 target price on the stock. Stifel Nicolaus lowered their price target on shares of Life360 from $92.00 to $76.00 and set a “hold” rating for the company in a research report on Tuesday, January 27th. Finally, UBS Group dropped their price target on shares of Life360 from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.31.

Life360 Stock Performance

Shares of NASDAQ:LIF opened at $50.61 on Friday. The firm’s 50 day simple moving average is $59.74 and its 200 day simple moving average is $79.04. Life360, Inc. has a fifty-two week low of $29.62 and a fifty-two week high of $112.54. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 148.85 and a beta of 3.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 6.80 and a quick ratio of 6.62.

Insider Transactions at Life360

In other Life360 news, Director Charles J. Prober sold 7,930 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $61.98, for a total value of $491,501.40. Following the sale, the director directly owned 105,456 shares in the company, valued at approximately $6,536,162.88. This trade represents a 6.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James Synge sold 3,966 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $63.96, for a total transaction of $253,665.36. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 597,421 shares of company stock valued at $45,832,768. Corporate insiders own 8.00% of the company’s stock.

About Life360

Life360, Inc (NASDAQ: LIF) operates a location-based safety and communication platform designed to help families stay connected and secure. Through its flagship mobile application, Life360 offers real-time location sharing, check-in alerts and geofencing tools that enable users to monitor the whereabouts of family members or other trusted circles. The company’s services extend to emergency response features, including SOS alerts, 24/7 roadside assistance and crash detection capabilities powered by machine-learning algorithms, all aimed at enhancing user safety on the road and at home.

The Life360 platform is offered under a freemium model, with a basic no-cost tier providing essential location sharing and alerts.