Lifelock Insider Sells $11,690 in Stock (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda unloaded 1,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $11.69, for a total value of $11,690.00. Following the transaction, the insider now directly owns 12,500 shares in the company, valued at approximately $146,125. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Lifelock (NASDAQ:LOCK) traded down 1.01% during mid-day trading on Friday, hitting $11.76. 690,605 shares of the company’s stock traded hands. Lifelock has a one year low of $10.48 and a one year high of $22.85. The stock has a 50-day moving average of $12.63 and a 200-day moving average of $16.81. The company has a market cap of $1.087 billion and a price-to-earnings ratio of 22.42.
A number of analysts have recently weighed in on LOCK shares. Analysts at Pacific Crest cut their price target on shares of Lifelock from $20.00 to $16.00 in a research note on Friday, May 23rd. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lifelock in a research note on Tuesday, May 20th. They now have a $30.00 price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Lifelock from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 20th. They now have a $12.50 price target on the stock, down previously from $25.00. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. Lifelock currently has an average rating of “Buy” and a consensus price target of $21.64.
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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