HighTower Advisors LLC Sells 5,010 Shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF)

HighTower Advisors LLC decreased its position in shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,496 shares of the company’s stock after selling 5,010 shares during the quarter. HighTower Advisors LLC’s holdings in Laird Superfood were worth $556,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LSF. Finley Financial LLC acquired a new stake in shares of Laird Superfood during the fourth quarter worth about $186,000. Geode Capital Management LLC increased its stake in Laird Superfood by 29.3% during the 3rd quarter. Geode Capital Management LLC now owns 80,253 shares of the company’s stock worth $398,000 after purchasing an additional 18,187 shares in the last quarter. Finally, XTX Topco Ltd raised its holdings in Laird Superfood by 41.6% during the 3rd quarter. XTX Topco Ltd now owns 15,957 shares of the company’s stock worth $79,000 after buying an additional 4,690 shares during the period. Institutional investors and hedge funds own 8.56% of the company’s stock.

Laird Superfood Stock Down 10.3 %

Shares of LSF stock opened at $6.28 on Friday. Laird Superfood, Inc. has a 12-month low of $1.90 and a 12-month high of $10.90. The firm has a market cap of $64.62 million, a PE ratio of -44.85 and a beta of 2.27.

Insider Buying and Selling

In other news, CEO Jason D. Vieth purchased 10,000 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of $5.37 per share, for a total transaction of $53,700.00. Following the completion of the purchase, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 15.50% of the stock is currently owned by corporate insiders.

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.