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

MSP Recovery, Inc. (NASDAQ:LIFW) major shareholder Cano Health, Inc. sold 52,502 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $0.75, for a total value of $39,376.50. Following the sale, the insider now owns 2,137,844 shares in the company, valued at approximately $1,603,383. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions 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 stock was 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 stock was 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 stock was 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 Trading Down 3.8 %

MSP Recovery stock opened at $0.70 on Thursday. MSP Recovery, Inc. has a 12 month low of $0.68 and a 12 month high of $25.75. The stock’s 50 day moving average is $0.86 and its 200-day moving average is $1.25. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.39.

Hedge Funds Weigh In On MSP Recovery

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nomura Holdings Inc. acquired a new stake in MSP Recovery during the fourth quarter worth approximately $385,000. SkyView Investment Advisors LLC acquired a new stake in MSP Recovery during the first quarter worth approximately $273,000. Palantir Technologies Inc. grew its position in MSP Recovery by 317.5% during the third quarter. Palantir Technologies Inc. now owns 9,038,838 shares of the company’s stock worth $1,989,000 after buying an additional 6,873,651 shares in the last quarter. KB Financial Partners LLC acquired a new stake in MSP Recovery during the first quarter worth approximately $135,000. Finally, Vanguard Group Inc. grew its position in MSP Recovery by 36.1% during the third quarter. Vanguard Group Inc. now owns 6,369,728 shares of the company’s stock worth $1,368,000 after buying an additional 1,690,836 shares in the last quarter. Institutional investors and hedge funds own 3.77% of the company’s stock.

MSP Recovery Company Profile

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.