Laird Superfood, Inc. (NYSEAMERICAN:LSF - Get Free Report) CEO Jason D. Vieth purchased 10,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of $5.37 per share, with a total value of $53,700.00. Following the completion of the purchase, the chief executive officer now owns 684,969 shares in the company, valued at approximately $3,678,283.53. This trade represents a 1.48 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Laird Superfood Stock Performance
Shares of LSF opened at $5.52 on Friday. The company has a market cap of $56.80 million, a PE ratio of -39.43 and a beta of 2.27. Laird Superfood, Inc. has a 1 year low of $0.76 and a 1 year high of $10.90.
Wall Street Analysts Forecast Growth
Separately, Roth Mkm reaffirmed a "buy" rating and issued a $12.00 target price (up previously from $8.00) on shares of Laird Superfood in a report on Thursday, November 7th.
Read Our Latest Stock Analysis on LSF
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Jump Financial LLC purchased a new stake in Laird Superfood in the 4th quarter worth about $87,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Laird Superfood in the fourth quarter worth approximately $101,000. XTX Topco Ltd lifted its stake in shares of Laird Superfood by 41.6% during the 3rd quarter. XTX Topco Ltd now owns 15,957 shares of the company's stock worth $79,000 after acquiring an additional 4,690 shares during the last quarter. Finley Financial LLC bought a new stake in shares of Laird Superfood during the 4th quarter worth approximately $186,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in Laird Superfood by 99.2% during the 4th quarter. Cubist Systematic Strategies LLC now owns 26,493 shares of the company's stock valued at $209,000 after acquiring an additional 13,193 shares during the period. Institutional investors own 8.56% of the company's stock.
Laird Superfood Company Profile
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Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. The company provides powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products; performance mushroom supplements; functional, organic roasted, and instant coffee, tea, hot chocolate products; harvest snacks; and other food items.
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