Laird Superfood, Inc. (NYSEAMERICAN:LSF) Director Sells $14,952.81 in Stock

Laird Superfood, Inc. (NYSEAMERICAN:LSF - Get Free Report) Director Gregory B. Graves sold 2,127 shares of the company's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $7.03, for a total transaction of $14,952.81. Following the completion of the transaction, the director now owns 79,873 shares of the company's stock, valued at $561,507.19. This represents a 2.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Laird Superfood Trading Down 0.8%

NYSEAMERICAN LSF traded down $0.05 during trading hours on Friday, hitting $6.46. The company had a trading volume of 17,070 shares, compared to its average volume of 118,842. Laird Superfood, Inc. has a 1-year low of $2.58 and a 1-year high of $10.90. The stock has a market cap of $66.47 million, a P/E ratio of -46.14 and a beta of 2.27. The firm has a 50 day moving average of $6.11.

Institutional Investors Weigh In On Laird Superfood

Several hedge funds have recently made changes to their positions in the business. AWM Investment Company Inc. acquired a new stake in shares of Laird Superfood during the first quarter worth about $2,767,000. Renaissance Technologies LLC boosted its stake in shares of Laird Superfood by 20.0% during the fourth quarter. Renaissance Technologies LLC now owns 313,800 shares of the company's stock worth $2,473,000 after buying an additional 52,300 shares during the period. Marshall Wace LLP acquired a new stake in shares of Laird Superfood during the fourth quarter worth about $1,422,000. Huntleigh Advisors Inc. raised its holdings in Laird Superfood by 16.8% during the first quarter. Huntleigh Advisors Inc. now owns 85,601 shares of the company's stock worth $526,000 after purchasing an additional 12,332 shares in the last quarter. Finally, Manatuck Hill Partners LLC acquired a new stake in Laird Superfood in the fourth quarter valued at about $670,000. Institutional investors and hedge funds own 8.56% of the company's stock.

Laird Superfood Company Profile

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.