LifeLock CEO Richard Todd Davis Sells 12,000 Shares (LOCK)
LifeLock (NASDAQ:LOCK) CEO Richard Todd Davis sold 12,000 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $16.43, for a total value of $197,160.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of LifeLock (NASDAQ:LOCK) traded up 2.75% on Tuesday, hitting $16.80. 1,891,151 shares of the company’s stock traded hands. LifeLock has a 52-week low of $7.94 and a 52-week high of $17.79. The stock’s 50-day moving average is $16.47 and its 200-day moving average is $14.06. The company has a market cap of $1.520 billion and a price-to-earnings ratio of 2725.00.
LifeLock (NASDAQ:LOCK) last released its earnings data on Tuesday, October 29th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.02. The company had revenue of $95.70 million for the quarter, compared to the consensus estimate of $93.30 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 32.7% on a year-over-year basis. On average, analysts predict that LifeLock will post $0.37 earnings per share for the current fiscal year.
LOCK has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of LifeLock from $20.00 to $22.00 in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of LifeLock from $15.00 to $19.00 in a research note to investors on Wednesday, October 30th. They now have a “buy” rating on the stock.
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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