Insider Selling: LifeLock CFO Unloads 6,000 Shares of Stock (LOCK)
LifeLock (NASDAQ:LOCK) CFO Chris Power unloaded 6,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $13.91, for a total value of $83,460.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
LOCK has been the subject of a number of recent research reports. 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 company presently has an average rating of “Buy” and a consensus price target of $14.67.
Shares of LifeLock (NASDAQ:LOCK) traded up 1.16% on Friday, hitting $14.00. The stock had a trading volume of 485,625 shares. LifeLock has a one year low of $6.80 and a one year high of $14.09. The stock’s 50-day moving average is $12.45 and its 200-day moving average is $10.95. The company’s market cap is $1.242 billion.
LifeLock (NASDAQ:LOCK) last posted its quarterly 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 quarterly revenue was up 31.9% on a year-over-year basis.
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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