Huntleigh Advisors Inc. boosted its holdings in Laird Superfood, Inc. (NYSEAMERICAN:LSF – Free Report) by 5.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 90,432 shares of the company’s stock after acquiring an additional 4,831 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Laird Superfood were worth $570,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of LSF. Evernest Financial Advisors LLC acquired a new stake in Laird Superfood in the 2nd quarter valued at $211,000. Acadian Asset Management LLC boosted its holdings in Laird Superfood by 75.3% during the 1st quarter. Acadian Asset Management LLC now owns 46,104 shares of the company’s stock worth $282,000 after acquiring an additional 19,806 shares during the last quarter. HighTower Advisors LLC boosted its holdings in Laird Superfood by 7.1% during the 1st quarter. HighTower Advisors LLC now owns 75,471 shares of the company’s stock worth $464,000 after acquiring an additional 4,975 shares during the last quarter. Finally, AWM Investment Company Inc. purchased a new position in Laird Superfood during the 1st quarter worth $2,767,000. Institutional investors and hedge funds own 8.56% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. Maxim Group raised shares of Laird Superfood to a “strong-buy” rating and set a $12.00 price objective on the stock in a report on Monday, June 30th. Craig Hallum raised shares of Laird Superfood to a “strong-buy” rating in a report on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and an average target price of $12.00.
Laird Superfood Price Performance
NYSEAMERICAN LSF opened at $4.92 on Friday. The stock has a market capitalization of $52.45 million, a price-to-earnings ratio of -44.73 and a beta of 2.16. Laird Superfood, Inc. has a one year low of $4.45 and a one year high of $10.90. The business’s fifty day moving average is $5.73 and its 200-day moving average is $6.16.
About Laird Superfood
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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