Yorkville Advisors Global LP recently announced the acquisition of new stake in MSP Recovery Inc (NASDAQ:LIFW). This fresh investment now brings its stake to 11.03% valued currently at $3.61 million. In addition, The Vanguard Group, Inc. raised its holdings by 67633.0 to 0.25 million shares.
Currently, there are 13.30M common shares owned by the public and among those 5.65M shares have been available to trade.
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Insiders at the company have transacted a total of 2 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 1 of these insider trades were purchases, accounting for 6,868,132 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 7,986 shares.
The top 3 mutual fund holders in MSP Recovery Inc are Vanguard Total Stock Market ETF, Vanguard Small Cap Index Fund, and Vanguard Small Cap Value Index Fu. Vanguard Total Stock Market ETF owns 0.14 million shares of the company’s stock, all valued at over $0.32 million. Vanguard Small Cap Index Fund bought 1199.0 shares to see its total holdings expand to 67316.0 shares valued at over $0.15 million and representing 0.47% of the shares outstanding. Vanguard Small Cap Value Index Fu bought 856.0 shares to bring its total holdings to over 45674.0 shares at a value of $0.1 million. Vanguard Small Cap Value Index Fu now owns shares totaling to 0.32% of the shares outstanding.
The company’s stock has a 5-day price change of -11.72% and -17.95% over the past three months. LIFW shares are trading -43.61% year to date (YTD), with the 12-month market performance down to -96.37% lower. It has a 12-month low price of $1.05 and touched a high of $37.00 over the same period. LIFW has an average intraday trading volume of 3.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -32.53%, -62.45%, and -81.60% respectively.
Institutional ownership of MSP Recovery Inc (NASDAQ: LIFW) shares accounts for 16.21% of the company’s 13.30M shares outstanding. Mutual fund holders own 2.35%, while other institutional holders and individual stakeholders account for 55.89% and 12.61% respectively.
It has a market capitalization of $17.02M and a beta (3y monthly) value of -1.95. The earnings-per-share (ttm) stands at -$1.75. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.80% over the week and 11.12% over the month.
Analysts forecast that MSP Recovery Inc (LIFW) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2023. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
