Jennifer Carr-Smith Sells 21,237 Shares of Local Bounti Co. (NYSE:LOCL) Stock

Local Bounti Co. (NYSE:LOCL) Director Jennifer Carr-Smith sold 21,237 shares of Local Bounti stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $1.48, for a total transaction of $31,430.76. Following the transaction, the director now owns 14,880 shares in the company, valued at approximately $22,022.40. This trade represents a 58.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Local Bounti Stock Performance

Shares of LOCL traded up $0.12 during mid-day trading on Friday, hitting $2.26. 12,839 shares of the stock were exchanged, compared to its average volume of 13,036. The firm has a 50-day moving average of $1.90 and a two-hundred day moving average of $2.36. Local Bounti Co. has a 52-week low of $1.18 and a 52-week high of $3.33. The company has a market cap of $19.57 million, a PE ratio of -0.13 and a beta of 2.22.

Local Bounti Company Profile

Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.