Manatuck Hill Partners LLC Takes Position in Laird Superfood, Inc. (NYSEAMERICAN:LSF)

Manatuck Hill Partners LLC acquired a new stake in Laird Superfood, Inc. (NYSEAMERICAN:LSF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 85,000 shares of the company's stock, valued at approximately $670,000. Manatuck Hill Partners LLC owned approximately 0.83% of Laird Superfood as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Marshall Wace LLP bought a new stake in shares of Laird Superfood in the 4th quarter worth about $1,422,000. Jump Financial LLC bought a new stake in shares of Laird Superfood in the 4th quarter worth about $87,000. Walleye Capital LLC bought a new stake in shares of Laird Superfood in the 4th quarter worth about $471,000. Renaissance Technologies LLC raised its stake in shares of Laird Superfood by 20.0% in the fourth quarter. Renaissance Technologies LLC now owns 313,800 shares of the company's stock worth $2,473,000 after acquiring an additional 52,300 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of Laird Superfood during the fourth quarter worth approximately $101,000. Institutional investors and hedge funds own 8.56% of the company's stock.

Insiders Place Their Bets

In other Laird Superfood news, CEO Jason D. Vieth bought 10,000 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of $5.37 per share, for a total transaction of $53,700.00. Following the transaction, the chief executive officer now owns 684,969 shares of the company's stock, valued at approximately $3,678,283.53. The trade was a 1.48 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 15.50% of the company's stock.

Laird Superfood Trading Up 7.5 %

Shares of Laird Superfood stock opened at $6.29 on Friday. The firm has a 50 day moving average of $5.46. Laird Superfood, Inc. has a fifty-two week low of $2.27 and a fifty-two week high of $10.90. The firm has a market capitalization of $64.72 million, a price-to-earnings ratio of -44.93 and a beta of 2.27.

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.

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