Charles Prober Sells Shares of Life360, Inc. (LIF)
Charles Prober executed a planned sale of 7,930 shares in Life360, Inc., valued at $365,335.10.
Key Points
- Charles Prober sold 7,930 shares of Life360, Inc. on June 15, 2026, at an average price of $46.07 per share, totaling $365,335.10.
- Life360, Inc. has a market cap of approximately $3.81 billion, with a P/E ratio of 26.83 and a 52-week range of $37.01 to $112.54.
- Analysts from UBS and Evercore ISI Group recently maintained 'buy' ratings, with price targets of $64 and $68 respectively.
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Charles Prober, an insider at Life360, Inc. (NasdaqGS: LIF), sold 7,930 shares of the company on June 15, 2026. The shares were sold at an average price of $46.07 each, totaling approximately $365,335.10. This transaction was part of a planned sale.
Insider Buying and Selling at Life360, Inc.
In addition to Charles Prober's planned sale, other notable insider transactions include Russell John Burke, the Chief Financial Officer, selling 6,087 shares at $45.37 on June 8, 2026. Lauren Antonoff, the CEO, also sold 21,130 shares at the same price on the same day.
Other Institutional Activity in Life360, Inc.
BlackRock, Inc. significantly increased its stake in Life360, Inc., adding 5,753,349 shares to hold a total of 8,919,424 shares valued at about $364.1 million. Vanguard Portfolio Management LLC entered a new position with 5,173,714 shares worth approximately $211.2 million. Meanwhile, State Street Corp boosted its holdings by 1,193,994 shares, ending with 2,099,147 shares valued at roughly $85.7 million.
Life360, Inc. Stock Up 8.0%
Shares of Life360, Inc. are trading near $46.96. The company has a market cap of around $3.81 billion. It sports a P/E ratio of 26.83 and a forward P/E of 28.86, with a beta of 1.106. The stock's 52-week range is between $37.01 and $112.54, with a 50-day moving average of $43.59 and a 200-day moving average of $64.72. The company's current ratio is 5.37, and its quick ratio is 5.04, with a debt-to-equity ratio of 52.07.
$LIF stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Life360, Inc. reported revenue of $528.98 million, reflecting a growth rate of 38.1%. The company achieved a net margin of 28.2% and a return on equity of 30.6%. Its earnings per share stood at $1.75. The next earnings report is expected on August 10, 2026.
Analysts Set New Price Targets
On May 12, 2026, UBS maintained its 'buy' rating with a price target of $64. Evercore ISI Group also maintained a 'buy' rating, setting a target price of $68. The consensus among analysts is a 'buy' recommendation with an average target price of $60.79 based on nine opinions.
About Life360, Inc.
Life360, Inc. is a technology company based in San Mateo, California, specializing in location-based services. It offers a mobile application under a freemium model, providing features like location sharing, driving safety, and emergency assistance. The company also markets tile hardware tracking devices and various subscription services to enhance user safety and data protection. Led by CEO Lauren Antonoff, Life360 operates globally, employing around 547 people.
Bottom Line
Charles Prober's sale of Life360 shares is part of a planned transaction, typical for insiders managing their portfolios. Life360, Inc. remains a significant player in the technology sector, with strong institutional interest. As always, remember that insider transactions are disclosed after the fact and may not reflect current positions.
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