Insider Selling: Chris G. Power Unloads 4,000 Shares of Lifelock Stock (LOCK)
Lifelock (NASDAQ:LOCK) CFO Chris G. Power unloaded 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $13.01, for a total value of $52,040.00. Following the completion of the transaction, the chief financial officer now directly owns 23,333 shares of the company’s stock, valued at approximately $303,562. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Lifelock (NASDAQ:LOCK) traded down 0.70% on Friday, hitting $12.80. The stock had a trading volume of 1,688,247 shares. Lifelock has a 52-week low of $10.48 and a 52-week high of $22.85. The stock’s 50-day moving average is $12.12 and its 200-day moving average is $16.61. The company has a market cap of $1.183 billion and a P/E ratio of 24.32.
Several analysts have recently commented on the stock. 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 investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. Lifelock has an average rating of “Buy” and an average 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.