Laird Superfood, Inc. (NYSEAMERICAN:LSF) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF - Free Report) by 20.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 313,800 shares of the company's stock after acquiring an additional 52,300 shares during the period. Renaissance Technologies LLC owned 3.05% of Laird Superfood worth $2,473,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in LSF. Hillsdale Investment Management Inc. acquired a new stake in Laird Superfood in the 4th quarter valued at $101,000. Geode Capital Management LLC grew its holdings in Laird Superfood by 29.3% during the 3rd quarter. Geode Capital Management LLC now owns 80,253 shares of the company's stock valued at $398,000 after buying an additional 18,187 shares in the last quarter. Finally, Finley Financial LLC purchased a new position in Laird Superfood during the 4th quarter valued at about $186,000. Institutional investors own 8.56% of the company's stock.

Insider Activity at Laird Superfood

In other news, CEO Jason D. Vieth bought 10,000 shares of Laird Superfood stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average cost of $5.37 per share, with a total value of $53,700.00. Following the completion of the acquisition, the chief executive officer now owns 684,969 shares of the company's stock, valued at $3,678,283.53. This trade represents a 1.48 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 15.50% of the stock is currently owned by corporate insiders.

Laird Superfood Stock Up 4.6 %

Shares of LSF stock traded up $0.27 on Thursday, hitting $6.12. 10,341 shares of the company's stock traded hands, compared to its average volume of 126,309. The stock has a market cap of $62.97 million, a PE ratio of -43.88 and a beta of 2.27. Laird Superfood, Inc. has a one year low of $1.90 and a one year high of $10.90. The firm's fifty day moving average is $5.44.

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.