Hyperion Asset Management Takes 6.98% Stake in Life360

An update from Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) is now available.

Australian investment adviser Hyperion Asset Management Limited has disclosed a significant stake in Life360, Inc., reporting beneficial ownership of 5,471,445 shares of the company’s common stock. The position represents approximately 6.98% of Life360’s outstanding common shares, with Hyperion holding sole voting and dispositive power over the entire stake.

This filing signals a notable level of institutional interest from an overseas asset manager in Life360’s equity, potentially enhancing the company’s visibility among global investors. The concentration of voting and dispositive control in a single institutional holder may influence shareholder dynamics and could be relevant for future corporate governance and capital markets activity.

The most recent analyst rating on (AU:360) stock is a Buy with a A$35.50 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 with a par value of $0.001 per share. Its shares are publicly traded and held by institutional investors, including asset managers such as Hyperion Asset Management Limited of Australia, reflecting an international shareholder base.

Average Trading Volume: 1,337,119

Technical Sentiment Signal: Sell

Current Market Cap: A$4.76B

Learn more about 360 stock on TipRanks’ Stock Analysis page.