Local Bounti (LOCL)

• Market cap: $29.7M
• 1 day: -21.41%
• 5 days: -18.18%
• 1 month: 46.84%
• 3 months: 29.17%
• 6 months: 8.56%
• Year to date: 29.77%
• 1 year: 6.90%
• 5 years: -97.80%
• 10 years: -97.80%
• Sector: Consumer Staples
• Industry: Farm Products

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: 333

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

22% more funds holding

Funds holding: 18 [Q3] → 22 (+4) [Q4]

2.47% less ownership

Funds ownership: 11.39% [Q3] → 8.92% (-2.47%) [Q4]

35% less capital invested

Capital invested by funds: $2.46M [Q3] → $1.6M (-$861K) [Q4]

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5