Insider Selling: Lifelock Insider Sells 2,000 Shares of Stock (LOCK)
Lifelock (NASDAQ:LOCK) Insider Clarissa Cerda sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $14.70, for a total value of $29,400.00. Following the completion of the sale, the insider now directly owns 12,132 shares in the company, valued at approximately $178,340. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. Lifelock currently has a consensus rating of “Buy” and an average price target of $23.17.
Lifelock (NASDAQ:LOCK) traded up 0.95% on Friday, hitting $14.82. The stock had a trading volume of 425,574 shares. 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 $13.61 and a 200-day moving average of $15.27. The company has a market cap of $1.375 billion and a price-to-earnings ratio of 28.62.
Lifelock (NASDAQ:LOCK) last released its 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. Analysts expect that Lifelock will post $0.46 EPS for the current fiscal year.
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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