LifeLock Inc. Hits New 52-Week High at $18.59 (LOCK)
LifeLock (NASDAQ:LOCK) set a new 52-week high on Monday, AnalystRatingsNetwork reports. The company traded as high as $18.59 and last traded at $17.40, with a volume of 2,449,917 shares. The stock had previously closed at $17.50.
A number of research firms have recently commented on LOCK. 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.
In other LifeLock news, CEO Richard Todd Davis unloaded 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
LifeLock (NASDAQ:LOCK) last posted its quarterly earnings results 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.
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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