Lifelock Insider Clarissa Cerda Unloads 2,000 Shares (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda sold 2,000 shares of the company’s stock on the open market in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $13.54, for a total value of $27,080.00. Following the sale, the insider now directly owns 12,132 shares in the company, valued at approximately $164,267. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on LOCK. 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 analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $21.64.
Shares of Lifelock (NASDAQ:LOCK) traded up 3.95% on Thursday, hitting $14.46. The stock had a trading volume of 1,928,629 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 $12.10 and its 200-day moving average is $16.54. The company has a market cap of $1.336 billion and a price-to-earnings ratio of 26.25.
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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