Insider Selling: Laird Superfood, Inc. (NYSEAMERICAN:LSF) Director Sells 2,127 Shares of 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 dated Friday, May 23rd. The stock was sold at an average price of $7.03, for a total transaction of $14,952.81. Following 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 legal filing with the SEC, which is available at this link.

Laird Superfood Price Performance

LSF traded down $0.21 on Monday, reaching $6.22. The company had a trading volume of 34,191 shares, compared to its average volume of 118,497. The firm has a fifty day moving average of $6.11. The stock has a market cap of $64.00 million, a P/E ratio of -44.43 and a beta of 2.27. Laird Superfood, Inc. has a one year low of $2.77 and a one year high of $10.90.

Hedge Funds Weigh In On Laird Superfood

Institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC boosted its position in shares of Laird Superfood by 75.3% during the 1st quarter. Acadian Asset Management LLC now owns 46,104 shares of the company's stock valued at $282,000 after purchasing an additional 19,806 shares in the last quarter. AWM Investment Company Inc. bought a new position in shares of Laird Superfood during the 1st quarter valued at about $2,767,000. HighTower Advisors LLC boosted its position in shares of Laird Superfood by 7.1% during the 1st quarter. HighTower Advisors LLC now owns 75,471 shares of the company's stock valued at $464,000 after purchasing an additional 4,975 shares in the last quarter. Huntleigh Advisors Inc. boosted its position in shares of Laird Superfood by 16.8% during the 1st quarter. Huntleigh Advisors Inc. now owns 85,601 shares of the company's stock valued at $526,000 after purchasing an additional 12,332 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Laird Superfood by 17.1% during the 4th quarter. Two Sigma Investments LP now owns 68,137 shares of the company's stock valued at $537,000 after purchasing an additional 9,944 shares in the last quarter. Institutional investors 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.