Insider Selling: Hilary Schneider Sells 2,757 Shares of Lifelock Stock (LOCK)
Lifelock (NASDAQ:LOCK) President Hilary Schneider unloaded 2,757 shares of the company’s stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $12.27, for a total value of $33,828.39. Following the transaction, the president now directly owns 173,949 shares in the company, valued at approximately $2,134,354. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Lifelock (NASDAQ:LOCK) traded up 2.05% on Wednesday, hitting $12.93. 1,485,280 shares of the company’s stock traded hands. Lifelock has a 52-week low of $10.48 and a 52-week high of $22.85. The stock has a 50-day moving average of $12.25 and a 200-day moving average of $16.67. The company has a market cap of $1.195 billion and a price-to-earnings ratio of 23.91.
LOCK has been the subject of a number of recent research reports. 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 issued a hold rating and seven have assigned a buy rating to the stock. Lifelock currently has an average rating of “Buy” and a consensus target price 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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