What’s in Lifelock Inc After Today’s Bullish Options Activity?

 What's in Lifelock Inc After Today's Bullish Options Activity?

In today’s session Lifelock Inc (LOCK) registered an unusually high (250) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious LOCK increase. With 250 contracts traded and 130224 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: LOCK170120C00018000 closed last at: $1.05 or 0% . About 524,505 shares traded hands. Lifelock Inc (NYSE:LOCK) has risen 58.80% since April 12, 2016 and is uptrending. It has outperformed by 53.82% 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 $17.06 average target is -13.00% below today’s ($19.61) stock price. LifeLock Inc has been the topic of 21 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Wednesday, July 22 the stock rating was downgraded by Wunderlich to “Hold”. Needham maintained the shares of LOCK in a report on Thursday, February 11 with “Buy” rating. On Wednesday, July 22 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. Dougherty & Company upgraded it to “Buy” rating and $19 target price in Thursday, October 29 report. The stock of Lifelock Inc (NYSE:LOCK) has “Buy” rating given on Thursday, April 28 by Wunderlich. The firm has “Buy” rating given on Friday, December 18 by Needham. Needham maintained Lifelock Inc (NYSE:LOCK) on Monday, June 20 with “Buy” rating. Canaccord Genuity maintained the stock with “Buy” rating in Monday, November 14 report. Bank of America downgraded the shares of LOCK in a report on Thursday, July 30 to “Neutral” rating. The stock of Lifelock Inc (NYSE:LOCK) earned “Sector Perform” rating by Pacific Crest on Wednesday, July 22.

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 is positive, 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.
Okumus Fund Mngmt owns 5.36M shares or 14.67% of their US portfolio. Northern holds 988,189 shares or 0.01% of its portfolio. Jane Street Gp Ltd Liability Co holds 0% of its portfolio in Lifelock Inc (NYSE:LOCK) for 21,752 shares. S Squared Tech Limited Liability Company, a New York-based fund reported 315,100 shares. Paloma Mngmt owns 34,333 shares or 0.01% of their US portfolio. Quantitative Invest Mngmt Lc holds 0.07% of its portfolio in Lifelock Inc (NYSE:LOCK) for 93,400 shares. Nfc Investments Ltd Liability Corporation has invested 0.71% of its portfolio in Lifelock Inc (NYSE:LOCK). Greenwich Invest holds 0.64% or 38,165 shares in its portfolio. First National Bank Sioux Falls holds 131 shares or 0.01% of its portfolio. Moreover, Teachers Advsrs has 0% invested in Lifelock Inc (NYSE:LOCK) for 139,224 shares. Rhumbline Advisers accumulated 88,290 shares or 0% of the stock. Capital Impact Ltd holds 0.6% of its portfolio in Lifelock Inc (NYSE:LOCK) for 81,161 shares. Deutsche Bancorp Ag accumulated 0.01% or 1.14M shares. Parametric Port Associate Ltd Company, a Washington-based fund reported 89,437 shares. Paw Capital owns 200,000 shares or 3.62% of their US portfolio.

Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 19 sales for $3.44 million net activity. On Friday, September 23 the insider Davis Richard Todd sold $102,164. $168,000 worth of Lifelock Inc (NYSE:LOCK) was sold by Power Chris G.

LifeLock, Inc. provides proactive identity theft protection services for clients and consumer risk management services for enterprises. The company has a market cap of $2.00 billion. The Firm monitors certain identity-related events, such as new account openings and credit-related applications. It has a 105.51 P/E ratio. 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.

Another recent and important Lifelock Inc (NYSE:LOCK) news was published by Schaeffersresearch.com which published an article titled: “Call Players Pounce as Lifelock Inc (LOCK) Leaps on Go-Private Possibility” on November 11, 2016.

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