LifeLock (NYSE:LOCK) has climbed 6.41% in the past week and advanced 25.75% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.69% and the outperformance has advanced to 24.61% for the last 4 weeks period.
LifeLock (NYSE:LOCK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.19 and $15.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.43, notching a gain of 2.46% for the day. The total traded volume was 6,480,993 . The stock had closed at $15.06 on the previous day.
The company shares have dropped -8.70% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $17.43 and the one year low was seen on Aug 14, 2015. The 50-Day Moving Average price is $12.84 and the 200 Day Moving Average price is recorded at $12.56.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Davis Richard Todd, director officer (EXECUTIVE VICE CHAIRMAN) of Lifelock, Inc., had unloaded 22,000 shares at an average price of $14.75 in a transaction dated on June 15, 2016. The total value of the transaction was worth $324,500.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Wunderlich maintains its ratings on LifeLock (NYSE:LOCK). In the latest research report, Wunderlich lowers the target price from $18 per share to $15 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on April 28, 2016. Currently the company Insiders own 13.9% of LifeLock shares according to the proxy statements. Institutional Investors own 93.32% of LifeLock shares. During last six month period, the net percent change held by insiders has seen a change of -3.87%.
LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31, 2014, the Company served approximately 3.6 million paying members. As of December 31, 2014, the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application, which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup, as well as mobile use of items, such as credit, identification, ATM (automated teller machine), insurance, and loyalty cards.