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 on Friday, March 22nd. The stock was sold at an average price of $0.75, for a total transaction of $39,376.50. Following the completion of the transaction, the insider now owns 2,137,844 shares of the company’s stock, valued at $1,603,383. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares 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 stock was sold at an average price of $0.74, for a total transaction 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 transaction 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 transaction of $33,130.23.
• On Friday, March 15th, Cano Health, Inc. sold 44,305 shares of MSP Recovery stock. The stock was sold at an average price of $0.78, for a total transaction of $34,557.90.
• On Wednesday, March 13th, Cano Health, Inc. sold 41,584 shares of MSP Recovery stock. The stock was sold at an average price of $0.84, for a total transaction of $34,930.56.
• On Monday, March 11th, Cano Health, Inc. sold 36,964 shares of MSP Recovery stock. The stock was sold at an average price of $0.94, for a total transaction of $34,746.16.
• On Friday, March 8th, Cano Health, Inc. sold 22,694 shares of MSP Recovery stock. The stock was sold at an average price of $0.96, for a total transaction of $21,786.24.
• On Wednesday, March 6th, Cano Health, Inc. sold 133,518 shares of MSP Recovery stock. The stock was sold at an average price of $1.02, for a total transaction of $136,188.36.
• On Monday, March 4th, Cano Health, Inc. sold 774,400 shares of MSP Recovery stock. The stock was sold at an average price of $1.23, for a total transaction of $952,512.00.
• On Friday, March 1st, Cano Health, Inc. sold 532,691 shares of MSP Recovery stock. The stock was sold at an average price of $1.04, for a total transaction of $553,998.64.

MSP Recovery Stock Down 3.8 %

Shares of NASDAQ:LIFW opened at $0.70 on Thursday. The company has a 50-day moving average price of $0.86 and a 200-day moving average price of $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. MSP Recovery, Inc. has a 12 month low of $0.68 and a 12 month high of $25.75.

Hedge Funds Weigh In On MSP Recovery

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of MSP Recovery by 36.1% during the third quarter. Vanguard Group Inc. now owns 6,369,728 shares of the company’s stock valued at $1,368,000 after acquiring an additional 1,690,836 shares during the last quarter. Palantir Technologies Inc. raised its stake in shares of MSP Recovery by 317.5% during the third quarter. Palantir Technologies Inc. now owns 9,038,838 shares of the company’s stock valued at $1,989,000 after acquiring an additional 6,873,651 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new position in shares of MSP Recovery during the second quarter valued at about $149,000. Cantor Fitzgerald L. P. bought a new position in shares of MSP Recovery during the second quarter valued at about $319,000. Finally, Marshall Wace LLP purchased a new position in shares of MSP Recovery during the second quarter valued at about $208,000. 3.77% of the stock is owned by institutional investors.

About MSP Recovery

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.