Cano Health, Inc. Sells 52,502 Shares of MSP Recovery, Inc. (NASDAQ:LIFW) Stock

Posted by Linda Flegge on Mar 28th, 2024

MSP Recovery, Inc. (NASDAQ:LIFW – Get Free Report) major shareholder Cano Health, Inc. sold 52,502 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $0.75, for a total value of $39,376.50. Following the completion of the sale, the insider now owns 2,137,844 shares of the company’s stock, valued at approximately $1,603,383. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Monday, March 25th, Cano Health, Inc. sold 23,600 shares of MSP Recovery stock. The shares were sold at an average price of $0.74, for a total value of $17,464.00.
On Wednesday, March 20th, Cano Health, Inc. sold 46,246 shares of MSP Recovery stock. The shares were sold at an average price of $0.76, for a total value of $35,146.96.
On Monday, March 18th, Cano Health, Inc. sold 41,937 shares of MSP Recovery stock. The shares were sold at an average price of $0.79, for a total value of $33,130.23.
On Friday, March 15th, Cano Health, Inc. sold 44,305 shares of MSP Recovery stock. The shares were sold at an average price of $0.78, for a total value of $34,557.90.
On Wednesday, March 13th, Cano Health, Inc. sold 41,584 shares of MSP Recovery stock. The shares were sold at an average price of $0.84, for a total value of $34,930.56.
On Monday, March 11th, Cano Health, Inc. sold 36,964 shares of MSP Recovery stock. The shares were sold at an average price of $0.94, for a total value of $34,746.16.
On Friday, March 8th, Cano Health, Inc. sold 22,694 shares of MSP Recovery stock. The shares were sold at an average price of $0.96, for a total value of $21,786.24.
On Wednesday, March 6th, Cano Health, Inc. sold 133,518 shares of MSP Recovery stock. The shares were sold at an average price of $1.02, for a total value of $136,188.36.
On Monday, March 4th, Cano Health, Inc. sold 774,400 shares of MSP Recovery stock. The shares were sold at an average price of $1.23, for a total value of $952,512.00.
On Friday, March 1st, Cano Health, Inc. sold 532,691 shares of MSP Recovery stock. The shares were sold at an average price of $1.04, for a total value of $553,998.64.

MSP Recovery Stock Performance

Shares of NASDAQ LIFW opened at $0.70 on Thursday. The business’s 50-day moving average price is $0.86 and its two-hundred day moving average price is $1.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.54 and a current ratio of 0.54. MSP Recovery, Inc. has a one year low of $0.68 and a one year high of $25.75.

Institutional Trading of MSP Recovery

Large investors have recently made changes to their positions in the stock. Palantir Technologies Inc. boosted its stake in shares of MSP Recovery by 317.5% during the 3rd quarter. Palantir Technologies Inc. now owns 9,038,838 shares of the company’s stock worth $1,989,000 after acquiring an additional 6,873,651 shares in the last quarter. BlackRock Inc. bought a new stake in MSP Recovery during the 3rd quarter valued at approximately $112,000. Geode Capital Management LLC bought a new stake in MSP Recovery during the 2nd quarter valued at approximately $78,000. PNC Financial Services Group Inc. bought a new stake in MSP Recovery during the 2nd quarter valued at approximately $76,000. Finally, California State Teachers Retirement System bought a new stake in MSP Recovery during the 3rd quarter valued at approximately $67,000. Institutional investors own 3.77% of the company’s stock.

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.