Local Bounti (NYSE:LOCL) Shares Down 2.3% – Should You Sell?

Posted by Geri Gentry on Jul 25th, 2026

Local Bounti Corporation (NYSE:LOCL – Get Free Report) shares dropped 2.3% during trading on Friday . The stock traded as low as $1.04 and last traded at $1.0550. 23,066 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 23,591 shares. The stock had previously closed at $1.08.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Local Bounti from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Local Bounti currently has an average rating of “Sell”.

Get Our Latest Report on LOCL

Local Bounti Stock Down 2.3%

The firm’s fifty day moving average price is $1.42 and its 200-day moving average price is $1.63. The stock has a market cap of $24.05 million, a P/E ratio of -0.28 and a beta of 2.71.

Local Bounti (NYSE:LOCL – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.53) EPS for the quarter, meeting analysts’ consensus estimates of ($0.53). The firm had revenue of $13.34 million for the quarter, compared to the consensus estimate of $19.00 million.

Insider Activity

In other news, CEO Kathleen Valiasek sold 118,720 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $1.30, for a total transaction of $154,336.00. Following the completion of the transaction, the chief executive officer directly owned 1,524,860 shares of the company’s stock, valued at approximately $1,982,318. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 21.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Walleye Trading LLC purchased a new position in Local Bounti during the 4th quarter valued at about $50,000. Outfitters Financial LLC lifted its holdings in Local Bounti by 99.4% in the 4th quarter. Outfitters Financial LLC now owns 30,291 shares of the company’s stock worth $65,000 after buying an additional 15,099 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC bought a new stake in shares of Local Bounti in the 4th quarter worth approximately $121,000. Finally, Walleye Capital LLC bought a new stake in shares of Local Bounti in the 4th quarter worth approximately $691,000. Hedge funds and other institutional investors own 28.01% of the company’s stock.

Local Bounti Company Profile

(Get Free Report)

Local Bounti Inc is a technology-driven indoor farming company that cultivates non-GMO leafy greens, microgreens and culinary herbs in controlled environment agriculture (CEA) facilities. By leveraging its proprietary Hybrid Growing System, the company maintains precise control over lighting, temperature and nutrient delivery, enabling year-round production of high-quality produce free from pesticides and seasonality constraints.

Headquartered in Montana, Local Bounti operates multiple cultivation centers across the United States, each designed to maximize water efficiency and minimize land use.