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An update from Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) is now available.
BlackRock, Inc. has disclosed a significant beneficial ownership stake in Life360, Inc., reporting control over 8,860,866 shares of the company’s common stock. This position represents approximately 11.0% of Life360’s outstanding shares, with BlackRock holding sole voting and dispositive power over virtually all of the stake.
The filing, made on a Schedule 13G with the U.S. Securities and Exchange Commission, indicates that BlackRock is acting as a parent holding company for various affiliated business units aggregating this ownership. The move underscores growing institutional interest in Life360’s equity and may enhance the company’s capital markets profile and liquidity, while signaling a notable level of confidence from a major global asset manager.
The most recent analyst rating on (AU:360) stock is a Buy with a A$22.00 price target. To see the full list of analyst forecasts on Life360 Shs Chess Depository Interests Repr 3 Sh stock, see the AU:360 Stock Forecast page.
More about Life360 Shs Chess Depository Interests Repr 3 Sh
Life360, Inc. is a U.S.-based company headquartered in San Mateo, California, that issues common stock to public investors. The business is listed in U.S. markets and is subject to Securities and Exchange Commission reporting rules, attracting institutional shareholders such as global asset manager BlackRock, Inc.
Average Trading Volume: 1,267,760
Technical Sentiment Signal: Sell
Current Market Cap: A$4.66B
See more insights into 360 stock on TipRanks’ Stock Analysis page.