Eaton Vance Management held its stake in LifeLock Inc. (NYSE:LOCK) during the second quarter, Holdings Channel reports. The firm owned 80,643 shares of the company’s stock at the end of the second quarter. Eaton Vance Management owned approximately 0.09% of LifeLock worth $1,275,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. UBS Asset Management Americas Inc. increased its stake in LifeLock by 35.9% in the second quarter. UBS Asset Management Americas Inc. now owns 44,299 shares of the company’s stock valued at $700,000 after buying an additional 11,700 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of LifeLock by 3.6% in the second quarter. Ameriprise Financial Inc. now owns 8,839,464 shares of the company’s stock valued at $139,752,000 after buying an additional 308,944 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in shares of LifeLock during the second quarter valued at $7,633,000. PNC Financial Services Group Inc. increased its stake in shares of LifeLock by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 14,169 shares of the company’s stock valued at $225,000 after buying an additional 101 shares in the last quarter. Finally, Princeton Alpha Management LP bought a new stake in shares of LifeLock during the second quarter valued at $303,000. 98.22% of the stock is owned by institutional investors and hedge funds.
LifeLock Inc. (NYSE:LOCK) opened at 16.90 on Friday. The stock’s market cap is $1.56 billion. LifeLock Inc. has a 12 month low of $8.36 and a 12 month high of $17.35. The stock has a 50 day moving average price of $16.60 and a 200-day moving average price of $14.31.
LifeLock (NYSE:LOCK) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.03. LifeLock had a positive return on equity of 13.64% and a negative net margin of 9.91%. The business earned $164.40 million during the quarter, compared to analyst estimates of $163.25 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. On average, analysts expect that LifeLock Inc. will post $0.77 EPS for the current year.
Several brokerages recently weighed in on LOCK. Goldman Sachs Group Inc. began coverage on LifeLock in a report on Monday, August 15th. They set a “neutral” rating and a $18.00 price target for the company. Zacks Investment Research raised LifeLock from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Saturday, August 6th. Bank of America Corp. set a $18.00 price target on LifeLock and gave the stock a “hold” rating in a report on Wednesday, August 3rd. Needham & Company LLC increased their price target on LifeLock from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Finally, Wunderlich increased their price target on LifeLock from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. LifeLock has a consensus rating of “Buy” and a consensus price target of $18.09.
In other LifeLock news, insider Chris G. Power sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $16.80, for a total transaction of $168,000.00. Following the completion of the transaction, the insider now owns 200,385 shares in the company, valued at approximately $3,366,468. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Richard Todd Davis sold 16,200 shares of the business’s stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of $16.13, for a total value of $261,306.00. Following the transaction, the insider now owns 343,850 shares of the company’s stock, valued at approximately $5,546,300.50. The disclosure for this sale can be found here. Corporate insiders own 13.90% of the company’s stock.
LifeLock Company Profile
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.
Want to see what other hedge funds are holding LOCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LifeLock Inc. (NYSE:LOCK).
Receive News & Ratings for LifeLock Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LifeLock Inc. and related companies with MarketBeat.com's FREE daily email newsletter.