Lifelock Insider Clarissa Cerda Sells 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 shares were sold at an average price of $13.54, for a total transaction of $27,080.00. Following the completion of the sale, the insider now directly owns 12,132 shares in the company, valued at approximately $164,267. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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 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 company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $21.64.
Lifelock (NASDAQ:LOCK) traded down 1.73% during mid-day trading on Friday, hitting $14.21. The stock had a trading volume of 118,717 shares. Lifelock has a 1-year low of $10.48 and a 1-year high of $22.85. The stock has a 50-day moving average of $12.15 and a 200-day moving average of $16.53. The company has a market cap of $1.313 billion and a price-to-earnings ratio of 27.28.
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.