Insider Selling: Clarissa Cerda Sells 2,000 Shares of Lifelock Stock (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda unloaded 2,000 shares of Lifelock stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $14.20, for a total transaction of $28,400.00. Following the completion of the sale, the insider now directly owns 12,132 shares of the company’s stock, valued at approximately $172,274. The sale 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 equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $21.64.
Lifelock (NASDAQ:LOCK) traded down 1.06% on Friday, hitting $13.94. 705,464 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’s 50-day moving average is $12.31 and its 200-day moving average is $16.44. The company has a market cap of $1.288 billion and a P/E ratio of 26.58.
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.