Insider Selling: Clarissa Cerda Sells 1,000 Shares of Lifelock Stock (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda sold 1,000 shares of Lifelock stock on the open market in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $12.82, for a total value of $12,820.00. Following the transaction, the insider now directly owns 12,132 shares of the company’s stock, valued at approximately $155,532. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Lifelock (NASDAQ:LOCK) traded up 1.94% during mid-day trading on Friday, hitting $12.61. 668,549 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 $12.7 and a 200-day moving average of $16.24. The company has a market cap of $1.165 billion and a price-to-earnings ratio of 23.34.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of Lifelock in a research note on Wednesday. They set a “neutral” rating on the stock. Separately, 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. Finally, 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. One equities research 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. The stock currently has an average rating of “Buy” and a consensus target price of $23.17.
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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