LifeLock CEO Sells $166,320 in Stock (LOCK)
LifeLock (NASDAQ:LOCK) CEO Richard Todd Davis unloaded 12,000 shares of the stock on the open market in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $13.86, for a total value of $166,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. Analysts at RBC Capital raised their price target on shares of LifeLock (NASDAQ:LOCK) from $13.00 to $15.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of LifeLock (NASDAQ:LOCK) from $18.00 to $19.00 in a research note to investors on Friday, August 2nd. Finally, analysts at Canaccord Genuity raised their price target on shares of LifeLock (NASDAQ:LOCK) from $12.50 to $15.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of $14.67.
Shares of LifeLock (NASDAQ:LOCK) traded down 0.50% during mid-day trading on Thursday, hitting $13.84. 665,065 shares of the company’s stock traded hands. LifeLock has a 52-week low of $6.80 and a 52-week high of $14.09. The stock has a 50-day moving average of $12.37 and a 200-day moving average of $10.93. The company’s market cap is $1.228 billion.
LifeLock (NASDAQ:LOCK) last announced its earnings results on Wednesday, July 31st. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $89.50 million for the quarter, compared to the consensus estimate of $85.32 million. The company’s revenue for the quarter was up 31.9% on a year-over-year basis. Analysts expect that LifeLock will post $0.35 EPS for the current fiscal year.
LifeLock, Inc is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises.
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