LOCL Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own LOCL shares is 23, representing 11.43% of the company's common stock.

NORTHERN TRUST CORP, in the last quarter, reduced its stake in LOCL by -4.93% restricting it's holding to 495.57 thousand shares of worth nearly $395.02K. SHEETS SMITH WEALTH MANAGEMENT also lessened -23.08% of the LOCL shares from its portfolio, reducing its holding to 15 thousand shares of worth $11.96K. CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM also shunned LOCL shares holding by -6.87% last quarter which brought its holding to 24.05 thousand shares worth $19.17K.

As per its latest 13F filing, STATE STREET CORP increased its stake in LOCL by 0.15% in the last quarter. The institutional holder raised its holding to 566.58 thousand shares having worth more than $451.62K. UBS GROUP AG also added 68.11% more shares of LOCL to its portfolio, raising its holding to 20.98 thousand shares of worth $16.72K. BBR PARTNERS, LLC also increased its LOCL shares holding by 100% which brought its holding to 380.81 thousand shares worth $303.51K.

The insider with the most stakes in LOCL is Schwab Charles R. , director at the company. Additionally, LOCL stock is highly held by Chief Operating Officer McKinney Mark Alan and President Cook Brian C. among others.

Company executives, directors, and other insiders own 56.06% percent of Local Bounti Corporation's stock. Within the last six months, there have been 0 transaction(s) in which LOCL insiders have sold stock, totaling 0 shares. Insiders that have sold shares include NELSON MARK JOSEPH, VOSBURG B. DAVID, and MCCANDLESS MARGARET.

There have been 11 transaction(s) during the past 6-months in which Local Bounti Corporation insiders have bought stock, totalling 24097 shares

Around 3.08M Local Bounti Corporation shares are held by insiders, which represents about 56.06% of LOCL stock.

LOCL director, Schwab Charles R. holds the largest portfolio of the company's shares. LOCL shares owned by Schwab total nearly 3.04 million.

STATE STREET CORP is the largest institutional owner in LOCL which holds 566.58 thousand shares worth $451.62K or 0.56% of the total LOCL shares outstanding followed by NORTHERN TRUST CORP with ownership of 495.57 thousand shares representing 0.49% of the LOCL ownership. UBS GROUP AG is the third largest stakeholder with 20.98 thousand shares or 0.02% of the ownership worth more than $16.72K.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the LOCL is concerned, it is a stock which is not optionable.

Number of LOCL shares short is 75.02K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 8.66M shares of LOCL are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, LOCL has 4.09M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for LOCL is 14.3.