Greenspring Advisors Sells Life360 Stake

Greenspring Advisors sold 175,000 Life360 shares, worth $9.1 million, in their latest SEC filing. This reduced their Life360 stake by over $15 million, now making up just 0.41% of their assets. Life360, a family safety app and device company, saw revenue grow 29% quarterly on average over two years, with net income jumping from $28 million last year. Despite the stock lagging the S&P 500, investors might see this sale as a signal amid tech stock blues, making Life360 a potential buy for those seeking fast-rising safety tech stocks. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f4829c41aa36b8ff