Lifelock Insider Sells $26,760 in Stock (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda unloaded 2,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $13.38, for a total value of $26,760.00. Following the sale, the insider now directly owns 12,132 shares in the company, valued at approximately $162,326. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Lifelock (NASDAQ:LOCK) opened at 14.13 on Monday. 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 $13.4 and its 200-day moving average is $15.65. The company has a market cap of $1.311 billion and a P/E ratio of 27.54.
Lifelock (NASDAQ:LOCK) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. The company had revenue of $115.70 million for the quarter, compared to the consensus estimate of $113.92 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was up 29.3% on a year-over-year basis. On average, analysts predict that Lifelock will post $0.46 earnings per share for the current fiscal year.
LOCK has been the subject of a number of recent research reports. Analysts at Goldman Sachs initiated coverage on shares of Lifelock in a research note on Wednesday, July 16th. 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 given a hold rating and seven have given a buy rating to the stock. Lifelock has a consensus rating of “Buy” and a consensus price target 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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