Large Outflow of Money Witnessed in LifeLock

LifeLock (NYSE:LOCK) had an volatile session and gained 0.31 points till last call. The price was at $15.37, gaining 2.03% till the last intraday data. The total uptick value was $16.39 million while the total downtick value was $23.38 million. The shares saw a net money flow of $(-6.99) million and the up/down ratio stood at 0.7. The stock has seen a change of of 5.97% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-7.4) million. Almost $5.44 million were received in upticks and approximately $12.84 million were lost in downticks, thereby giving the up/down ratio of 0.42.

Shares of LifeLock, Inc. rose by 6.41% in the last five trading days and 29.12% for the last 4 weeks. LifeLock, Inc. is up 31.54% in the last 3-month period. Year-to-Date the stock performance stands at 7.53%.

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%. . 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.

LifeLock (NYSE:LOCK) rose 2.46% or 0.37 points on Friday and made its way into the gainers of the day. After trading began at $15.19 the stock was seen hitting $16 as a peak level and $15.19 as the lowest level. The stock ended up at $15.43. The daily volume was measured at 6,480,993 shares. The 52-week high of the share price is $17.43 and the 52-week low is $7.18. The company has a market cap of $1,452 million.

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.

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