Marshall Wace LLP Acquires Shares of 180,445 Laird Superfood, Inc. (NYSEAMERICAN:LSF)

Marshall Wace LLP purchased a new position in Laird Superfood, Inc. (NYSEAMERICAN:LSF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 180,445 shares of the company's stock, valued at approximately $1,422,000. Marshall Wace LLP owned about 1.75% of Laird Superfood at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC grew its position in Laird Superfood by 29.3% during the third 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 during the period. Finley Financial LLC bought a new stake in shares of Laird Superfood during the 4th quarter valued at $186,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Laird Superfood in the 4th quarter worth $101,000. Renaissance Technologies LLC increased its stake in shares of Laird Superfood by 20.0% in the 4th quarter. Renaissance Technologies LLC now owns 313,800 shares of the company's stock worth $2,473,000 after purchasing an additional 52,300 shares in the last quarter. Finally, Walleye Capital LLC bought a new position in Laird Superfood in the 4th quarter worth $471,000. Institutional investors own 8.56% of the company's stock.

Laird Superfood Stock Performance

NYSEAMERICAN:LSF traded down $0.15 during mid-day trading on Friday, hitting $6.14. 33,137 shares of the company traded hands, compared to its average volume of 124,457. The company has a fifty day moving average of $5.48. The company has a market cap of $63.18 million, a price-to-earnings ratio of -43.85 and a beta of 2.27. Laird Superfood, Inc. has a one year low of $2.39 and a one year high of $10.90.

Insider Activity

In other Laird Superfood news, CEO Jason D. Vieth purchased 10,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were acquired 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 directly owns 684,969 shares in the company, valued at $3,678,283.53. The trade was a 1.48 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 15.50% of the company's stock.

Laird Superfood 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.