Laird Superfood, Inc. (NYSEAMERICAN:LSF – Get Free Report) Director Gregory Graves bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were acquired at an average cost of $3.45 per share, with a total value of $51,750.00. Following the purchase, the director directly owned 75,089 shares of the company’s stock, valued at $259,057.05. This trade represents a 24.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Laird Superfood Price Performance
NYSEAMERICAN LSF opened at $3.70 on Monday. The business has a 50 day simple moving average of $3.07 and a 200 day simple moving average of $2.75. Laird Superfood, Inc. has a one year low of $1.96 and a one year high of $7.80. The stock has a market capitalization of $40.70 million, a P/E ratio of -20.55 and a beta of 2.72.
Laird Superfood (NYSEAMERICAN:LSF – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.24. Laird Superfood had a negative return on equity of 35.26% and a negative net margin of 3.41%.The business had revenue of $13.94 million during the quarter, compared to analysts’ expectations of $14.51 million. Equities analysts expect that Laird Superfood, Inc. will post -0.11 earnings per share for the current year.
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Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Laird Superfood in the fourth quarter worth approximately $57,000. XTX Topco Ltd boosted its holdings in Laird Superfood by 71.5% in the fourth quarter. XTX Topco Ltd now owns 19,691 shares of the company’s stock worth $44,000 after acquiring an additional 8,209 shares in the last quarter. Mink Brook Asset Management LLC boosted its holdings in Laird Superfood by 159.8% in the fourth quarter. Mink Brook Asset Management LLC now owns 222,432 shares of the company’s stock worth $494,000 after acquiring an additional 136,826 shares in the last quarter. Jane Street Group LLC bought a new position in Laird Superfood in the fourth quarter worth approximately $73,000. Finally, Goldman Sachs Group Inc. boosted its holdings in Laird Superfood by 24.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 31,943 shares of the company’s stock worth $71,000 after acquiring an additional 6,178 shares in the last quarter. Institutional investors own 8.56% of the company’s stock.
Laird Superfood Company Profile
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.
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