MSP Recovery, Inc. (NASDAQ:LIFW) Major Shareholder Cano Health, Inc. Sells 72,265 Shares

MSP Recovery, Inc. (NASDAQ:LIFWGet Free Report) major shareholder Cano Health, Inc. sold 72,265 shares of the stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $1.20, for a total transaction of $86,718.00. Following the transaction, the insider now owns 6,053,733 shares of the company’s stock, valued at approximately $7,264,479.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Cano Health, Inc. also recently made the following trade(s):

  • On Friday, January 26th, Cano Health, Inc. sold 121,689 shares of MSP Recovery stock. The stock was sold at an average price of $1.19, for a total transaction of $144,809.91.
  • On Monday, January 22nd, Cano Health, Inc. sold 1,125,549 shares of MSP Recovery stock. The stock was sold at an average price of $1.39, for a total transaction of $1,564,513.11.
  • On Thursday, January 18th, Cano Health, Inc. sold 16,733 shares of MSP Recovery stock. The stock was sold at an average price of $1.29, for a total transaction of $21,585.57.
  • On Tuesday, January 16th, Cano Health, Inc. sold 5,016 shares of MSP Recovery stock. The stock was sold at an average price of $1.31, for a total transaction of $6,570.96.
  • On Friday, January 12th, Cano Health, Inc. sold 29,969 shares of MSP Recovery stock. The stock was sold at an average price of $1.51, for a total transaction of $45,253.19.
  • On Wednesday, January 10th, Cano Health, Inc. sold 38,141 shares of MSP Recovery stock. The shares were sold at an average price of $1.69, for a total transaction of $64,458.29.
  • On Monday, January 8th, Cano Health, Inc. sold 51,891 shares of MSP Recovery stock. The shares were sold at an average price of $1.92, for a total transaction of $99,630.72.
  • On Wednesday, January 3rd, Cano Health, Inc. sold 40,000 shares of MSP Recovery stock. The shares were sold at an average price of $2.10, for a total transaction of $84,000.00.

MSP Recovery Price Performance

LIFW traded up $0.01 on Friday, reaching $1.18. The company had a trading volume of 490,600 shares, compared to its average volume of 1,180,378. MSP Recovery, Inc. has a 52-week low of $1.05 and a 52-week high of $30.25. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.39. The business has a 50 day simple moving average of $1.77 and a 200 day simple moving average of $3.05.

MSP Recovery (NASDAQ:LIFWGet Free Report) last issued its quarterly earnings results on Tuesday, November 14th. The company reported ($1.06) EPS for the quarter, missing analysts’ consensus estimates of $68.00 by ($69.06). MSP Recovery had a negative net margin of 268.17% and a negative return on equity of 19.47%. The business had revenue of $0.44 million for the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Palantir Technologies Inc. grew its holdings in shares of MSP Recovery by 317.5% in the third quarter. Palantir Technologies Inc. now owns 9,038,838 shares of the company’s stock worth $1,989,000 after purchasing an additional 6,873,651 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of MSP Recovery by 36.1% in the third quarter. Vanguard Group Inc. now owns 6,369,728 shares of the company’s stock worth $1,368,000 after purchasing an additional 1,690,836 shares during the last quarter. Cantor Fitzgerald L. P. bought a new position in shares of MSP Recovery in the second quarter worth approximately $319,000. Barnes Pettey Financial Advisors LLC bought a new position in shares of MSP Recovery in the second quarter worth approximately $294,000. Finally, Marshall Wace LLP bought a new position in shares of MSP Recovery in the second quarter worth approximately $208,000. 6.15% of the stock is currently owned by institutional investors.

MSP Recovery Company Profile

(Get Free Report)

MSP Recovery, Inc, doing business as LifeWallet, operates as a healthcare recoveries and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights.

See Also

Insider Buying and Selling by Quarter for MSP Recovery (NASDAQ:LIFW)

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