LifeLock CEO Sells $176,640 in Stock (LOCK)
LifeLock (NASDAQ:LOCK) CEO Richard Todd Davis unloaded 12,000 shares of LifeLock stock on the open market in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $14.72, for a total transaction of $176,640.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
A number of research firms have recently commented on LOCK. 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 research 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.
LifeLock (NASDAQ:LOCK) traded up 0.47% during mid-day trading on Tuesday, hitting $14.87. The stock had a trading volume of 649,278 shares. LifeLock has a 52 week low of $6.80 and a 52 week high of $15.21. The stock has a 50-day moving average of $13.00 and a 200-day moving average of $11.08. The company’s market cap is $1.319 billion.
LifeLock (NASDAQ:LOCK) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.03 earnings per share for the quarter, beating the analysts’ 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. LifeLock’s revenue was up 31.9% compared to the same quarter last year. 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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