LOCL Showing Recent Insider Activity
Recent activity shows that Leo Holdings III, LOCL the Insider Confidence level is trending Up due to Corporate Insiders of LOCL Bought $1.3M worth of shares in the last 3 months.Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- Nordby Matthew - Director, Bought $49,070 worth of shares on 1 day ago
- Charles Schwab - >10% Owner, Bought $6,400 worth of shares on 1 day ago
- Hilberg Gary - Chief Sustainability Officer, Bought $34,300 worth of shares on 1 day ago
- Hurlbert Craig M. - Co- CEO,Director, Bought $764,395 worth of shares on 1 day ago
In addition, TradingView issued a Sell rating for LOCL over the next month, Yahoo! Finance has a short-term outlook.
Leo Holdings III, LOCL
Summary: Local Bounti is a premier controlled environment agriculture company. Local Bounti, formerly known as Leo Holdings III Corp, is based in HAMILTON, Mont.
- Last Price: 6.48
- Price Change: -0.46, -6.63%
- Yearly Gain: -28.82%
- Market Cap: 559.22M
- P/E Ratio: -368.7
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