Lifelock Inc Can’t Be More Risky. Option Traders Sell It

 Lifelock Inc Can't Be More Risky. Option Traders Sell It

In today’s session Lifelock Inc (LOCK) recorded an unusually high (3,179) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious LOCK decrease. With 3,179 contracts traded and 1924 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: LOCK161118P00017000 closed last at: $1.6 or 33.3% up. About 197,433 shares traded hands. Lifelock Inc (NYSE:LOCK) has risen 35.29% since March 30, 2016 and is uptrending. It has outperformed by 32.28% the S&P500.

Lifelock Inc (NYSE:LOCK) Ratings Coverage

Out of 8 analysts covering LifeLock Inc (NYSE:LOCK), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $23 is the highest target while $9.25 is the lowest. The $16.06 average target is -1.59% below today’s ($16.32) stock price. LifeLock Inc has been the topic of 20 analyst reports since July 22, 2015 according to StockzIntelligence Inc. RBC Capital Markets downgraded the shares of LOCK in a report on Wednesday, July 22 to “Sector Perform” rating. On Monday, June 20 the stock rating was maintained by Needham with “Buy”. As per Thursday, July 30, the company rating was downgraded by Bank of America. The stock of Lifelock Inc (NYSE:LOCK) earned “Neutral” rating by Dougherty & Company on Friday, July 31. The stock of Lifelock Inc (NYSE:LOCK) earned “Sector Perform” rating by Pacific Crest on Wednesday, July 22. The firm earned “Buy” rating on Thursday, October 29 by Wunderlich. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, January 21. Needham initiated Lifelock Inc (NYSE:LOCK) on Friday, December 18 with “Buy” rating. The firm has “Buy” rating by Dougherty & Company given on Thursday, October 29. The stock of Lifelock Inc (NYSE:LOCK) earned “Buy” rating by Needham on Thursday, February 11.

According to Zacks Investment Research, “Life Lock, Inc. offers identity theft protection services primarily in the United States. It operates in two segments: consumer segment and an enterprise segment. The company protects consumer subscribers through monitoring identity-related events, such as new account openings and credit-related applications; and enterprise customers through delivering on-demand identity risk and authentication information about consumers. Its customers include financial institutions, telecommunication and cable services providers, government agencies, technology companies, large retailers, automobile and mortgage lenders, and e-commerce providers. Life Lock, Inc. is headquartered in Tempe, Arizona.”

Insitutional Activity: The institutional sentiment increased to 1.01 in Q2 2016. Its up 0.17, from 0.84 in 2016Q1. The ratio improved, as 22 funds sold all Lifelock Inc shares owned while 49 reduced positions. 30 funds bought stakes while 42 increased positions. They now own 82.90 million shares or 2.14% less from 84.71 million shares in 2016Q1.
Panagora Asset Inc accumulated 101,030 shares or 0.01% of the stock. Creative Planning owns 2,000 shares or 0% of their US portfolio. S&T Savings Bank Pa holds 1.89M shares or 4.9% of its portfolio. Nokota Lp has invested 1.95% of its portfolio in Lifelock Inc (NYSE:LOCK). Bnp Paribas Arbitrage owns 3,267 shares or 0% of their US portfolio. Fuller Thaler Asset Management holds 0.13% or 482,800 shares in its portfolio. Price T Rowe Associates Md reported 55,264 shares or 0% of all its holdings. Teachers Advsrs accumulated 0% or 139,224 shares. Paw Capital Corporation has 3.62% invested in the company for 200,000 shares. Retail Bank Of America De has 402,505 shares for 0% of their US portfolio. Moreover, Parametric Assoc Limited Liability has 0% invested in Lifelock Inc (NYSE:LOCK) for 89,437 shares. Force Cap Mngmt Ltd Company holds 1.46% of its portfolio in Lifelock Inc (NYSE:LOCK) for 103,211 shares. Wellington Mgmt Gru Llp holds 969,334 shares or 0% of its portfolio. Cubist Systematic Strategies Limited Liability Company reported 12,063 shares or 0.01% of all its holdings. Da Davidson And Company accumulated 7,496 shares or 0% of the stock.

Insider Transactions: Since May 3, 2016, the stock had 0 buys, and 19 insider sales for $3.64 million net activity. Shares for $35,763 were sold by Davis Richard Todd. Another trade for 5,000 shares valued at $62,500 was made by Power Chris G on Tuesday, May 24.

LifeLock, Inc. provides proactive identity theft protection services for clients and consumer risk management services for enterprises. The company has a market cap of $1.50 billion. The Firm monitors certain identity-related events, such as new account openings and credit-related applications. It currently has negative earnings. It operates in two divisions: consumer segment and an enterprise segment.

LOCK Company Profile

LifeLock, Inc., incorporated on April 12, 2005, is a well-known provider of proactive identity theft protection services for clients and consumer risk management services for enterprises. The Firm monitors certain identity-related events, such as new account openings and credit-related applications. It operates in two divisions: consumer segment and an enterprise segment. The Company’s LifeLock ecosystem combines data repositories of personally identifiable information and consumer transactions, predictive analytics and a technology platform. The Firm applies predictive analytics to the data in its repositories to provide its members and enterprise customers’ actionable intelligence that helps protect against identity theft and identity fraud. The Firm offers its consumer services on a monthly or annual subscription basis.

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