There has been some selling insider activity on LifeLock, Inc. Common Stock (NYSE:LOCK) recently. Richard Todd Davis, EXECUTIVE VICE CHAIRMAN reported the sale of 6,000 shares. The shares were sold on September 27th for a price of $17.02. The EXECUTIVE VICE CHAIRMAN now owns $12,203,731 of the stock according to the SEC filing. Chris G. Power, CHIEF FINANCIAL OFFICER disclosed the sale of 16,000 shares of LOCK stock. The shares sold for $15.76. Power now owns $3,000,468 of the stock per the Form 4 SEC filing.
David J/ca Cowan, Director sold $0 worth of shares at a price of $0.00 on May 31st. That brings the Director’s holdings to $0 per an SEC filing yesterday.
The following firms have also recently changed their position in LOCK. Ifp Advisors, Inc divested its position by shedding 1,393 shares a decrease of 19.4% as of 06/30/2016. Ifp Advisors, Inc now holds 5,777 shares worth $91,000. The total value of its holdings increased 5.8%. As of the end of the quarter Lebenthal Holdings,llc had acquired 13,151 shares growing its position 5.9%. The value in dollars went from $2,672,000 to $3,707,000 a change of $1,035,000 since the last quarter.
Schwab Charles Investment Management Inc cut its ownership by selling 6,658 shares a decrease of 2.2%. Schwab Charles Investment Management Inc currently owns 293,821 shares valued at $4,646,000. The value of the position overall is up by 7.7%. Stifel Financial Corp downsized its stake by selling 10,328 shares a decrease of 97.2% in the quarter. Stifel Financial Corp owns 300 shares with a value of $5,000. The total value of its holdings decreased 96.1%.
April 28 investment analysts at Wunderlich maintained a stock rating of “Buy” but lowered the price target from $18.00 to $15.00. On February 11 Deutsche Bank left the stock rating at “Buy” but lowered the price expectation to $20.00 from $23.00.
On January 21 Deutsche Bank made no change to the company rating of “Buy” and lowered the price target to $23.00 from $25.00. On December 18, 2015 Needham starting coverage on LOCK giving it an initial rating of “Buy” and setting a price target of $17.00.
On October 29 the company was upgraded to “Buy” from “Hold” with a current price target of $18.00 in an announcement from Wunderlich. On October 29 the stock rating was upgraded from “Neutral” to “Buy” by Dougherty & Company.
In the market the company is trading up by 0.65 percent from yesterday’s close. Company shares last traded at $16.96 a bit higher than $16.61, the 50 day moving average and which is marginally higher than the 200 day moving average of $14.39. The 50 day moving average was up by +2.12% and the 200 day average went up by +17.84%.
As of the last earnings report the EPS was $-0.65 and is estimated to be $0.77 for the current year with 92,592,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.41 with next year’s EPS anticipated to be $0.94.