Walleye Capital LLC Takes Position in Laird Superfood, Inc. (NYSEAMERICAN:LSF)

Walleye Capital LLC acquired a new stake in Laird Superfood, Inc. (NYSEAMERICAN:LSF - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 59,832 shares of the company's stock, valued at approximately $471,000. Walleye Capital LLC owned 0.58% of Laird Superfood at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in 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 in the last quarter. Hillsdale Investment Management Inc. bought a new stake in Laird Superfood in the 4th quarter worth about $101,000. Geode Capital Management LLC raised its position in Laird Superfood by 29.3% in the 3rd quarter. Geode Capital Management LLC now owns 80,253 shares of the company's stock worth $398,000 after buying an additional 18,187 shares during the last quarter. Finally, Finley Financial LLC bought a new position in Laird Superfood during the fourth quarter valued at approximately $186,000. Hedge funds and other institutional investors own 8.56% of the company's stock.

Laird Superfood Price Performance

Shares of Laird Superfood stock traded up $0.19 on Tuesday, hitting $5.77. 21,816 shares of the company's stock were exchanged, compared to its average volume of 76,146. Laird Superfood, Inc. has a 1 year low of $1.90 and a 1 year high of $10.90. The stock has a market capitalization of $59.37 million, a PE ratio of -41.21 and a beta of 2.27.

Insider Transactions at Laird Superfood

In related news, CEO Jason D. Vieth purchased 10,000 shares of Laird Superfood stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average cost of $5.37 per share, with a total value of $53,700.00. Following the transaction, the chief executive officer now owns 684,969 shares in the company, 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 can be accessed through this hyperlink. Insiders own 15.50% 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.