Deep-Dive Due Diligence AI Generated Report on Local Bounti Corporation (LOCL)
Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.
These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.
Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.
LOCL_OUT_1 [2025-04-02 19:46:51 -0400] 1951 Bytes | 573 tokens | Cum: 573 tkns (7.16% of 8k)
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We are in the 'Lightning Round' baby! It's 7:46:49 PM on Wed Apr 02, 2025 -0400, and I'm firing up the spotlight on Local Bounti (LOCL), moving from 1.93 to 2.25. Is this a can’t-miss rocket or a one-hit wonder? Let’s dissect the numbers!
--- COMPANY PROFILE ---
Company: Local Bounti (LOCL)
IPO: IPO date unknown
Shares Outstanding: 8,660,000
Exchange: XNYS
Here's the first list of news for Local Bounti:
C1 - Mar-31-25 06:32PM - Local Bounti Corporation (LOCL) Q4 2024 Earnings Call Transcript
C2 - Mar-31-25 06:32PM 04:05PM - Local Bounti Announces Full Year 2024 Financial Results
C3 - Mar-28-25 09:00AM - Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025
C4 - Dec-16-24 08:00AM - Local Bounti Announces Multi-Year Award with Large Multinational Retailer
C5 - Nov-14-24 07:15AM - Local Bounti Announces Third Quarter 2024 Financial Results
C6 - Nov-11-24 04:05PM - Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
C7 - Aug-13-24 07:15AM - Local Bounti Announces Second Quarter 2024 Financial Results
C8 - Aug-12-24 08:00AM - Local Bounti Now Shipping Product to Brookshire Grocery Company
ONLY 3 RULES for AI:
==============
1) I am a document retrieval system. You are the analyst-investigator.
2) You can request items from my lists to get more info on Local Bounti (LOCL)
3) AFTER requesting and reading News and SEC filings you'll write a summary, set a score, high price target and headline.
Now, your response should be only 2 or 3 chars. You can say ex., C1, C2, etc., or NEX
The NEX command delivers the NEXt list of News/SEC/Metrics
There are several more lists that use our unified document retrieval system in subsequent prompts.
Your predictons will be compared to reality to rate your accuracy. Try to predict accurately. GOOD LUCK!
Please request a document, read, summarize and score. Say something like "C1".
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C4
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Showing C4 (chunk 1 of 11): C4:
**Local Bounti Announces Multi-Year Award with Large Multinational Retailer**
Date: Dec-16-24 08:00AM
Source: (PR Newswire)
URL: https://www.prnewswire.com/news-releases/local-bounti-announces-multi-year-award-with-large-multinational-retailer-302332391.html
New distribution underscores Local Bounti's customer-centric approach and commercial momentum
HAMILTON, Mont.,Dec. 16, 2024/PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has received a two-year award from a large multinational retailer (the "Retailer") to supply Local Bounti's living butter lettuce product to 13 of the Retailer's distribution centers from Local Bounti'sCaliforniaand newTexasfacilities. This award underscores Local Bounti's commitment to providing high-quality, fresh produce to consumers nationwide.
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
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Local Bounti Corporation, an indoor agriculture company in the U.S., has announced a two-year contract with a large multinational retailer. The contract involves Local Bounti supplying its living butter lettuce product from its California and Texas facilities to 13 of the retailer's distribution centers. This deal highlights Local Bounti's focus on providing fresh, high-quality produce to consumers across the U.S.
LOCL_OUT_5 [2025-04-02 19:46:55 -0400] 933 Bytes | 284 tokens | Cum: 1227 tkns (15.34% of 8k)
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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.
A1 - 2025-04-02T21:18:09Z - Local bounti sees significant stock purchase by Charles Schwab By Investing.com...
A2 - 2025-03-31T05:06:01Z - Local Bounti Announces Full Year 2024 Financial Results...
A3 - 2025-03-31T08:32:14Z - Earnings Scheduled For March 31, 2025 - Alpha Cognition (NASDAQ:ACOG), Aqua Metals (NASDAQ:AQMS)...
A4 - 2025-03-28T13:00:00Z - Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025...
A5 - 2025-03-28T13:00:00Z - Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025...
Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.
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A1
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Showing A1 (chunk 1 of 4): A1:
**Local bounti sees significant stock purchase by Charles Schwab By Investing.com**Date: 2025-04-02Source: {'uri': 'in.investing.com', 'dataType': 'news', 'title': 'Investing.com India'}URL: https://in.investing.com/news/insider-trading-news/local-bounti-sees-significant-stock-purchase-by-charles-schwab-93CH-4755358In a notable transaction reported on March 31, Charles R. Schwab, a significant shareholder of Local Bounti Corporation (NYSE:LOCL), acquired a substantial amount of the company's stock. Schwab purchased 1,700,723 shares of Local Bounti's common stock at a price of $2.00 per share, amounting to a total investment of approximately $3.4 million. This acquisition was made indirectly through U.S. Bounti, LLC, as indicated in the filing. The purchase comes at a time when Local Bounti faces significant challenges, with InvestingPro data showing the company's financial health sco
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
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NEX
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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!
B1 - 2024-04-15T18:11:35Z - Why Ultragenyx Pharmaceutical Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Monday's Mid-Day Session
B2 - 2024-03-27T12:25:02Z - Local Bounti Corporation (LOCL) Reports Q4 Loss, Lags Revenue Estimates
B3 - 2024-03-25T19:16:00Z - Cibus (CBUS) Reports Q4 Loss, Tops Revenue Estimates (Revised)
B4 - 2024-03-21T22:50:02Z - Cibus (CBUS) Reports Q4 Loss, Tops Revenue Estimates
B5 - 2024-03-12T12:10:04Z - Archer Daniels Midland (ADM) Q4 Earnings and Revenues Lag Estimates
B6 - 2023-11-10T18:34:32Z - Why Wynn Resorts Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.
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B1
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Showing B1 (chunk 1 of 3): B1:
**Why Ultragenyx Pharmaceutical Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Monday's Mid-Day Session**Date: Unknown DateSource: Unknown SourceURL: https://www.benzinga.com/news/24/04/38255428/why-ultragenyx-pharmaceutical-shares-are-trading-lower-by-around-9-here-are-other-stocks-moving-in-mShares of Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) fell sharply during Monday’s session after the company revealed new data from the Phase 1/2 study of GTX-102 for Angelman syndrome, a genetic disorder causing developmental disabilities and nerve-related symptoms.
Ultragenyx Pharmaceutical shares dipped 9.4% to $42.46 on Monday.
Here are some other stocks moving in today's mid-day session.
Gainers
Soligenix, Inc. (NASDAQ: SNGX) shares surged 71.5% to $0.6679 after the company announced that it was granted orphan drug designation to the active ingredient in MarVa
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
LOCL_IN_12 [2025-04-02 19:47:00 -0400] 471 Bytes | 104 tokens | Cum: 2228 tkns (27.85% of 8k)
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Ultragenyx Pharmaceutical Inc.'s shares fell roughly 9% after the company shared new data from the Phase 1/2 study of GTX-102 for Angelman syndrome. The syndrome is a genetic disorder causing developmental disabilities and nerve-related symptoms. The shares dipped 9.4% to $42.46 on Monday. Other stocks that moved during the session include Soligenix, Inc. whose shares surged 71.5% after it announced obtaining orphan drug designation for an active ingredient in MarVa.
LOCL_OUT_13 [2025-04-02 19:47:04 -0400] 1074 Bytes | 280 tokens | Cum: 2508 tkns (31.35% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.
S5 - 2025-03-31 10-K Item 7. Management's Discussion and Analysis of Fin Cond and Results of Oper
The following discussion should be read in conjunction with our Cons Fin Stmnts, including the Notes to those statements included elsewhere in this Annual Report on ...
S6 - 2025-03-31 8-K Item 2.02 Results of Oper and Fin Cond.
On March 31, 2025, Local Bounti Corporation issued a press release announcing its financial results for the three and twelve months ended December 31, 2024. The press release is furnished as Exhibit 99.1 to this Curr R...
S7 - 2025-03-31 8-K Item1.01 Entry into a Material Definitive Agrmt
Debt Restructuring Agrmt
On March 31, 2025 (the Transaction Date), Local Bounti Corporation (the Company) entered into a Restructuring Agrmt and Eleventh Amendment to Senior Credit Agrmt with Cargill Fin Se...
Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.
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S5
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Showing S5 (chunk 1 of 6): S5:
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
The following discussion should be read in conjunction with our Consolidated Financial Statements, including the Notes to those statements included elsewhere in this Annual Report on Form 10-K and the Section entitled "Cautionary Note Regarding Forward-Looking Statements" in this Annual Report on Form 10-K. As discussed in more detail in the section entitled "Cautionary Note Regarding Forward-Looking Statements," this discussion contains forward-looking statements, which involve risks and uncertainties. Our actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause those differences include those discussed in "Risk Factors" and elsewhere in this Annual Report on Form 10-K.
Our Mission and Vision
Our mission is to revoluti
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
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MOR
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Showing S5 (chunk 2 of 6): onize agriculture, ensuring accessibility to fresh, sustainable, locally grown produce to nourish communities everywhere for generations to come. Our vision is to reimagine freshness. We envision a future where transformative innovation and technology combine to enable us to grow produce locally with minimal food miles, ensuring the freshest and most sustainable offerings for communities everywhere. We believe that happy plants make happy taste buds, and we are committed to reimagining the standards of freshness. We also believe that local is the best kind of business, and we are committed to helping communities thrive for generations to come. We are committed to building empowered local teams. Together, we believe we are capable of extraordinary achievements in sustainable agriculture.
Company Overview
Local Bounti is a controlled environment agriculture ("CEA") company that produce
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
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NEX
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This is our set of metrics.
Please analyze the numbers.
+-------------------+-----------------------+-------------------------+------------------------+
| Volume: 19,213 | Perf Month: -14.29% | Option/Short: No / Yes | Sales Y/Y TTM: 38.40% |
+-------------------+-----------------------+-------------------------+------------------------+
| Avg Volume: 9.88K | Perf Quarter: 2.94% | Short Float: 1.77% | ROE: -2448.28% |
+-------------------+-----------------------+-------------------------+------------------------+
| Rel Volume: 1.94 | Index: - | Short Ratio: 6.10 | ROI: -32.74% |
+-------------------+-----------------------+-------------------------+------------------------+
| RSI (14): 50.00 | Market Cap: 22.33M | Short Interest: 0.06M | Sales Surprise: -8.04% |
+-------------------+-----------------------+-------------------------+------------------------+
| ATR (14): 0.17 | Shs Outstand: 8.66M | Beta: 2.14 | EPS Surprise: -46.69% |
+-------------------+-----------------------+-------------------------+------------------------+
| SMA20: 0.35% | Shs Float: 3.41M | Sales Q/Q: 46.66% | P/E: - |
+-------------------+-----------------------+-------------------------+------------------------+
| SMA50: -3.69% | Inst Own: 8.92% | Sales past 5Y: 1010.75% | Earnings: Mar 31 AMC |
+-------------------+-----------------------+-------------------------+------------------------+
| SMA200: -11.07% | Insider Own: 60.66% | Employees: 333 | |
+-------------------+-----------------------+-------------------------+------------------------+
| Perf Week: 0.00% | Insider Trans: 38.12% | Debt/Eq: - | |
+-------------------+-----------------------+-------------------------+------------------------+
The next section covers any insider trading.
If this section may be blank due to no recent filings.
No transactions recorded.
No transactions recorded.
Inside Trans: Local Bounti Corporation/DE (LOCL) by SCHWAB CHARLES R JR. (Unknown Title) on 2025-03-31
- Common Stock: 70863 shares at $2 (D)
- Series A Convertible Preferred Stock: 429137 shares at $2 (D)
Inside Trans: Local Bounti Corporation/DE (LOCL) by Schwab Charles R. (Unknown Title) on 2025-03-31
- Common Stock: 1700723 shares at $2 (I)
- Series A Non-Voting Convertible Preferred Stock: 10299277 shares at $2 (I)
Inside Trans: Local Bounti Corporation/DE (LOCL) by McCandless Margaret (General Counsel & Secretary) on 2025-03-01
- Common Stock: 796 shares at $2.29 (D) Footnote: Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.
Inside Trans: Local Bounti Corporation/DE (LOCL) by McCandless Margaret (General Counsel & Secretary) on 2025-02-01
- Common Stock: 2875 shares at $2.2 (D) Footnote: Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.
Inside Trans: Local Bounti Corporation/DE (LOCL) by Hurlbert Craig M. (Chief Executive Officer) on 2025-02-01
- Common Stock: 11543 shares at $2.2 (D) Footnote: Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.
[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A
[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 34934000.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -149198000.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A
[Price Metrics - Last 30 Days]
Latest Close: 2.1
Average Volume: 9897.7
30-Day High: 2.45
30-Day Low: 1.89
[Detailed Financials: Q3 2024]
- Total Assets: $430,814,000.0
- Total Liabilities: $496,427,000.0
- Total Equity: $-65,613,000.0
- Current Assets: $17,303,000.0
- Current Liabilities: $53,123,000.0
[Income Statement: Q3 2024]
- Revenue: $10,242,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -4.01
[Cash Flow Statement: Q3 2024]
- Net Cash Flow: $-9,367,000.0
[Detailed Financials: Q2 2024]
- Total Assets: $438,099,000.0
- Total Liabilities: $470,938,000.0
- Total Equity: $-32,839,000.0
- Current Assets: $26,767,000.0
- Current Liabilities: $43,486,000.0
[Income Statement: Q2 2024]
- Revenue: $9,443,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -3
[Cash Flow Statement: Q2 2024]
- Net Cash Flow: $1,443,000.0
==== END OF FINANCIAL REPORT ====
You are now requested to make a summary analysis.
Save explaining why you didn't have enough information for the final survey.
Now, complete this report with the following:
1) Brief Summary: explain your findings in succinct wording.
2) MARKET_SCORE: If you calculate a 92% likelihood of an upward moves, say: MARKET_SCORE[92]
3) PRICE_TARGET: If you think the high today will be 50% higher, add to the price.
Eg., If the current price is $5.00, add 50%. Thus, PRICE_TARGET[$7.50] -- It should be at or above the current price.
4) Provide a thought-provoking take, 6-10 words, to use for the headline of this news story.
Like this: AI_RPT_HEADLINE: [6-12 words headline for news story, distilled from summary]
1) Brief Summary, 2) MARKET_SCORE, 3) PRICE_TARGET, and 4) AI_RPT_HEADLINE
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1) Brief Summary: The company has shown a significant Y/Y sales growth of 38.4% and an impressive Q/Q sales increase of 46.66%. However, the company is experiencing negative returns with an ROI of -32.74% and a concerning ROE of -2448.28%. The company's performance over the past month has declined by 14.29%, but its performance over the quarter has increased by 2.94%. The company's insider ownership is notably high at 60.66%, suggesting confidence in the company's future. There has been significant insider trading activity, with multiple transactions recorded in 2025. The company's debt to equity ratio is not available, which may indicate the company is not leveraging debt to finance its operations or it may be a red flag if the information is unavailable due to inconsistent financial reporting.
2) MARKET_SCORE: Given the mixed signals from these metrics, it's difficult to determine a precise likelihood of upward movement. However, considering the significant sales growth and active insider trading, there could be potential for growth; thus, we can estimate a MARKET_SCORE[65].
3) PRICE_TARGET: With the current price at $2.1 and acknowledging the company's growth potential, a 30% increase seems plausible. Thus, the PRICE_TARGET[$2.73].
4) AI_RPT_HEADLINE: "Sales Surge Amid Insider Confidence, But Returns Remain Negative".
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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More stock-specific news
-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider Trading (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this exact company
-> X8 <- Something altogether different (explain...)
LOCL_IN_22 [2025-04-02 19:47:20 -0400] 445 Bytes | 88 tokens | Cum: 5121 tkns (64.01% of 8k)
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As a financial analyst, choosing the best option would depend on the specific situation and the data already at hand. However, without that context, I would generally choose -> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes. This information provides a comprehensive view of the company's financial health and strategic direction, and can significantly improve the accuracy of any financial analysis.
LOCL_IN_23 [2025-04-02 19:47:20 -0400] 126 Bytes | 29 tokens | Cum: 5150 tkns (64.38% of 8k)
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====================================
[2025-04-02 19:47:20] # Analysis Completed
Elapsed Time: 30.97 seconds