Local Bounti Corporation (LOCL)

Over the past six months, Local Bounti Corp.'s stock price has experienced fluctuations. As of late 2025/early 2026, the stock decreased by 12.42% in the past month, while showing a 7.11% increase over the last 12 months and a 5.56% year-to-date return. In November 2025, the company announced a 19% year-over-year revenue growth, a narrowed net loss, and an improved adjusted EBITDA loss, leading to a 6.87% increase in the stock price during premarket trading. In October 2025, the company expanded its presence in the Pacific Northwest through the launch of a family-size salad kit at Walmart. In March 2025, Local Bounti secured $27.5 million in new funding, restructured its existing credit facility, and announced leadership succession with Kathleen Valiasek becoming CEO and Craig Hurlbert transitioning to Executive Chairman.

Local Bounti Corp. aims to mitigate traditional agricultural demand seasonality through its controlled environment agriculture (CEA) model. The company's greenhouses allow for the year-round production of fresh greens, ensuring consistent access to produce regardless of the season. This approach helps to stabilize supply and meet consumer demand consistently, reducing the impact of seasonal fluctuations typically associated with outdoor farming.

Local Bounti Corp. is a U.S.-based indoor agriculture company focused on sustainable, controlled environment agriculture (CEA). The company operates within the Consumer Defensive sector, specifically in the Farm Products industry, growing fresh produce using its patented "Stack & Flow Technology," a hybrid approach combining vertical farming and hydroponic greenhouse farming. This method aims to increase harvest efficiency, limit water usage, and reduce the carbon footprint compared to conventional agriculture. The company's major products include living and loose-leaf lettuce, arugula, spinach, basil, other herbs, berries, and family-size salad kits, which are sold to food retailers and food service distributors.

Headquartered in Hamilton, Montana, Local Bounti Corp. operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Key operational facilities are located in Hamilton, Montana; Pasco, Washington; Mount Pleasant, Texas; and Byron, Georgia. The company's strategy involves building local facilities to deliver fresh produce to local communities, minimizing food miles.

Local Bounti Corp. maintains a positive brand reputation, primarily built on its commitment to sustainable and environmentally friendly agricultural practices. The company emphasizes its use of patented technology to grow produce with 90% less water and land than conventional methods, without pesticides or herbicides, and as non-GMO. Recent events that have positively affected its reputation include the expansion of its distribution network with major retailers like Walmart and Sam's Club, and the launch of new products, such as the family-size salad kits.

Local Bounti Corp. has a unique ownership structure with a high concentration among insiders. Institutional ownership is relatively low, around 4.14% of the company's stock, while insider ownership is remarkably high, exceeding 81.38%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Cresset Asset Management, LLC, and Bbr Partners, Llc. The largest individual shareholder is Executive Chairman Craig M. Hurlbert, holding approximately 2.09 million shares. Other significant individual insider owners include Kathleen Valiasek, Mark Alan McKinney, Travis M. Joyner, and Charles R. Schwab.