BlackRock Institutional Trust Company N.A. Buys 8,445 Shares of LifeLock Inc. (LOCK)

BlackRock Institutional Trust Company N.A. raised its position in shares of LifeLock Inc. (NYSE:LOCK) by 0.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 2,167,725 shares of the company’s stock after buying an additional 8,445 shares during the period. BlackRock Institutional Trust Company N.A. owned approximately 2.36% of LifeLock worth $26,164,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LOCK. California State Teachers Retirement System boosted its position in LifeLock by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 174,874 shares of the company’s stock worth $2,509,000 after buying an additional 3,119 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of LifeLock by 13.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 300,479 shares of the company’s stock worth $4,312,000 after buying an additional 34,848 shares during the last quarter. Royce & Associates LLC raised its stake in shares of LifeLock by 36.1% in the fourth quarter. Royce & Associates LLC now owns 166,000 shares of the company’s stock worth $2,382,000 after buying an additional 44,000 shares during the last quarter. Eagle Asset Management raised its stake in shares of LifeLock by 99.9% in the third quarter. Eagle Asset Management now owns 4,958,994 shares of the company’s stock worth $43,440,000 after buying an additional 2,478,774 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in shares of LifeLock during the fourth quarter worth about $3,526,000.

LifeLock Inc. (NYSE:LOCK) traded down 0.12% during trading on Wednesday, reaching $16.42. The company had a trading volume of 1,404,856 shares. LifeLock Inc. has a 52-week low of $7.18 and a 52-week high of $16.69. The stock has a 50 day moving average price of $15.64 and a 200-day moving average price of $12.89. The company’s market capitalization is $1.54 billion.

A number of analysts have issued reports on the company. Zacks Investment Research lowered LifeLock from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. Wunderlich reissued a “buy” rating and issued a $15.00 target price (down previously from $18.00) on shares of LifeLock in a research report on Thursday, April 28th. Needham & Company LLC boosted their target price on LifeLock from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Monday, June 20th. Deutsche Bank AG reissued a “buy” rating and issued a $20.00 target price on shares of LifeLock in a research report on Monday, April 25th. Finally, Canaccord Genuity reissued a “buy” rating on shares of LifeLock in a research report on Thursday, May 26th. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. LifeLock has an average rating of “Buy” and an average target price of $15.80.

In other LifeLock news, CFO Chris G. Power sold 6,000 shares of LifeLock stock in a transaction on Wednesday, May 4th. The shares were sold at an average price of $11.17, for a total value of $67,020.00. Following the transaction, the chief financial officer now owns 197,652 shares in the company, valued at approximately $2,207,772.84. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Chris G. Power sold 5,000 shares of LifeLock stock in a transaction on Thursday, July 21st. The shares were sold at an average price of $16.18, for a total transaction of $80,900.00. Following the completion of the transaction, the insider now owns 192,885 shares in the company, valued at approximately $3,120,879.30. The disclosure for this sale can be found here.

LifeLock, Inc is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company.