HighTower Advisors LLC Sells 6,000 Shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF)

HighTower Advisors LLC reduced its position in shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF) by 7.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 75,506 shares of the company’s stock after selling 6,000 shares during the quarter. HighTower Advisors LLC owned about 0.74% of Laird Superfood worth $374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in LSF. XTX Topco Ltd bought a new position in Laird Superfood during the 2nd quarter worth about $63,000. Dimensional Fund Advisors LP acquired a new position in shares of Laird Superfood during the second quarter worth about $155,000. Finally, Renaissance Technologies LLC grew its stake in shares of Laird Superfood by 86.2% during the 2nd quarter. Renaissance Technologies LLC now owns 327,600 shares of the company’s stock worth $1,841,000 after acquiring an additional 151,679 shares in the last quarter. 8.56% of the stock is currently owned by institutional investors and hedge funds.

Laird Superfood Price Performance

Shares of Laird Superfood stock opened at $7.96 on Monday. Laird Superfood, Inc. has a 52-week low of $0.71 and a 52-week high of $10.90. The firm has a market capitalization of $81.91 million, a PE ratio of -56.85 and a beta of 2.26.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm restated a “buy” rating and set a $12.00 price objective (up from $8.00) on shares of Laird Superfood in a research report on Thursday, November 7th.

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.