LifeLock Inc. (NYSE:LOCK) has earned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the company. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.40.

LOCK has been the topic of a number of research analyst reports. Needham & Company LLC lifted their price target on LifeLock from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Wunderlich lifted their price target on LifeLock from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Canaccord Genuity reaffirmed a “buy” rating on shares of LifeLock in a research note on Thursday, May 26th. Zacks Investment Research raised LifeLock from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Saturday, August 6th. Finally, Bank of America Corp. set a $18.00 price target on LifeLock and gave the stock a “hold” rating in a research note on Wednesday, August 3rd.

In other news, insider Richard Todd Davis sold 8,100 shares of LifeLock stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $16.11, for a total value of $130,491.00. Following the completion of the sale, the insider now directly owns 343,850 shares of the company’s stock, valued at $5,539,423.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Chris G. Power sold 10,000 shares of LifeLock stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $16.80, for a total value of $168,000.00. Following the completion of the sale, the insider now directly owns 200,385 shares of the company’s stock, valued at $3,366,468. The disclosure for this sale can be found here. 13.90% of the stock is owned by company insiders.

Several large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of LifeLock by 27.3% in the first quarter. Envestnet Asset Management Inc. now owns 8,467 shares of the company’s stock worth $102,000 after buying an additional 1,815 shares during the last quarter. BlackRock Inc. boosted its stake in shares of LifeLock by 33.2% in the second quarter. BlackRock Inc. now owns 8,841 shares of the company’s stock worth $140,000 after buying an additional 2,205 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of LifeLock by 123.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,930 shares of the company’s stock worth $157,000 after buying an additional 5,487 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of LifeLock by 22.2% in the first quarter. Legal & General Group Plc now owns 14,111 shares of the company’s stock worth $167,000 after buying an additional 2,567 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of LifeLock by 22.7% in the second quarter. Teacher Retirement System of Texas now owns 12,234 shares of the company’s stock worth $193,000 after buying an additional 2,262 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

LifeLock (NYSE:LOCK) opened at 16.88 on Tuesday. The company’s market cap is $1.56 billion. LifeLock has a 12 month low of $8.36 and a 12 month high of $17.35. The firm has a 50-day moving average price of $16.57 and a 200 day moving average price of $14.28.

LifeLock (NYSE:LOCK) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.03. The firm had revenue of $164.40 million for the quarter, compared to analyst estimates of $163.25 million. LifeLock had a positive return on equity of 13.64% and a negative net margin of 9.91%. The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 earnings per share. Equities research analysts predict that LifeLock will post $0.77 EPS for the current year.

About LifeLock

LifeLock, Inc provides proactive identity theft protection services for consumers and consumer risk management services for enterprises. The Company monitors certain identity-related events, such as new account openings and credit-related applications. It operates in two segments: consumer segment and an enterprise segment.

5 Day Chart for NYSE:LOCK

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