Laird Superfood, Inc. (NYSEAMERICAN:LSF – Get Free Report) Director Grant Lamontagne purchased 8,826 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was purchased at an average price of $3.23 per share, for a total transaction of $28,507.98. Following the completion of the purchase, the director owned 168,334 shares in the company, valued at approximately $543,718.82. The trade was a 5.53% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Laird Superfood Price Performance
LSF stock opened at $3.39 on Wednesday. The company has a market cap of $37.29 million, a P/E ratio of -18.83 and a beta of 2.72. Laird Superfood, Inc. has a 1 year low of $1.96 and a 1 year high of $7.80. The stock’s fifty day moving average price is $2.99 and its 200-day moving average price is $2.73.
Laird Superfood (NYSEAMERICAN:LSF – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.24. The firm had revenue of $13.94 million for the quarter, compared to the consensus estimate of $14.51 million. Laird Superfood had a negative return on equity of 35.26% and a negative net margin of 3.41%. As a group, analysts expect that Laird Superfood, Inc. will post -0.11 earnings per share for the current year.
Hedge Funds Weigh In On Laird Superfood
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on LSF shares. Maxim Group dropped their price target on Laird Superfood from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Zacks Research downgraded Laird Superfood from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $6.00.
Check Out Our Latest Report on Laird Superfood
About Laird Superfood
Laird Superfood, Inc (NYSE American: LSF) is a consumer wellness company specializing in plant-based superfood and functional beverage products. Founded in 2015 by big-wave surfer and entrepreneur Laird Hamilton, the company develops creamers, coffees, hydration mixes and culinary superfood blends designed to deliver energy, focus and nutritional support. Laird Superfood’s offerings leverage premium ingredients such as coconut milk, aquamin sea minerals, functional mushrooms and adaptogens to address growing consumer demand for clean-label, nutrient-rich alternatives.
The company’s core product lines include coconut-based coffee creamers, plant-based creamers, instant coffee blends combined with superfood ingredients, hydration mixes and culinary seasonings.
Further Reading
- Five stocks we like better than Laird Superfood
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Laird Superfood Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laird Superfood and related companies with MarketBeat.com's FREE daily email newsletter.
