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Who are the Institutional Holders in LifeMD Inc (LFMD)?

LifeMD Inc (NASDAQ: LFMD) is -27.14% lower on its value in year-to-date trading and has touched a low of $3.99 and a high of $12.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LFMD stock was last observed hovering at around $6.16 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $6.04, the stock is -0.14% and 16.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -1.95% at the moment leaves the stock -15.33% off its SMA200. LFMD registered -26.07% loss for a year compared to 6-month loss of -26.52%. The firm has a 50-day simple moving average (SMA 50) of $5.181 and a 200-day simple moving average (SMA200) of $7.13945.

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The stock witnessed a 37.90% gain in the last 1 month and extending the period to 3 months gives it a 22.27%, and is -4.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.72% over the week and 9.65% over the month.

LifeMD Inc (LFMD) has around 232 employees, a market worth around $261.60M and $193.06M in sales. Profit margin for the company is -13.27%. Distance from 52-week low is 51.38% and -53.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-218.13%).

The EPS is expected to grow by 21.90% this year

136.0 institutions hold shares in LifeMD Inc (LFMD), with institutional investors hold 47.98% of the company’s shares. The shares outstanding are 41.81M, and float is at 34.08M with Short Float at 17.22%. Institutions hold 40.51% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 2.34 million shares valued at $16.03 million. The investor’s holdings represent 5.9546 of the LFMD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.52 million shares valued at $10.42 million to account for 3.8697 of the shares outstanding. The other top investors are DIVISADERO STREET CAPITAL MANAGEMENT, LP which holds 1.5 million shares representing 3.8183 and valued at over $10.28 million, while STATE STREET CORP holds 2.4531 of the shares totaling 0.96 million with a market value of $6.6 million.

LifeMD Inc (LFMD) Insider Activity

The most recent transaction is an insider sale by Schreiber Justin, the company’s Chief Executive Officer. SEC filings show that Schreiber Justin sold 25,000 shares of the company’s common stock on Dec 02 ’24 at a price of $6.52 per share for a total of $0.16 million. Following the sale, the insider now owns 2.73 million shares.

Still, SEC filings show that on Sep 11 ’24, Galluppi Stefan (Chief Innovation Officer) acquired 3,000 shares at an average price of $4.93 for $14790.0. The insider now directly holds 45,449 shares of LifeMD Inc (LFMD).

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