Local Bounti (LOCL)

• Market cap: $17.6M
• 1 day: 15.34%
• 5 days: 45.00%
• 1 month: 18.71%
• 3 months: -5.14%
• 6 months: -22.81%
• Year to date: -5.58%
• 1 year: -16.12%
• 5 years: -98.42%
• 10 years: -98.42%
• Sector: Consumer Staples
• Industry: Agriculture Production Crops

About: Local Bounti Corp is a controlled environment agriculture company. Its business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides, it delivers products that have a longer shelf life, and are good in taste.

Employees: 301

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.12% more ownership

Funds ownership: 11.26% [Q2] → 11.39% (+0.12%) [Q3]

0% more funds holding

Funds holding: 18 [Q2] → 18 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

8% less capital invested

Capital invested by funds: $2.67M [Q2] → $2.46M (-$208K) [Q3]

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5