Huntleigh Advisors Inc. Purchases 4,831 Shares of Laird Superfood, Inc. $LSF

Huntleigh Advisors Inc. grew its position in shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF) by 5.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,432 shares of the company’s stock after purchasing an additional 4,831 shares during the quarter. Huntleigh Advisors Inc. owned about 0.86% of Laird Superfood worth $570,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Evernest Financial Advisors LLC bought a new position in Laird Superfood during the 2nd quarter worth approximately $211,000. Acadian Asset Management LLC raised 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 purchasing an additional 19,806 shares during the last quarter. HighTower Advisors LLC raised 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 purchasing an additional 4,975 shares during the last quarter. Finally, AWM Investment Company Inc. bought a new position in Laird Superfood during the 1st quarter worth approximately $2,767,000. Institutional investors own 8.56% of the company’s stock.

Laird Superfood Stock Down 4.3%

Shares of LSF stock opened at $4.92 on Friday. The company has a market cap of $52.45 million, a price-to-earnings ratio of -44.73 and a beta of 2.16. Laird Superfood, Inc. has a 52 week low of $4.45 and a 52 week high of $10.90. The firm has a 50 day moving average of $5.73 and a 200-day moving average of $6.16.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LSF shares. Craig Hallum upgraded shares of Laird Superfood to a “strong-buy” rating in a report on Thursday, July 10th. Maxim Group upgraded shares of Laird Superfood to a “strong-buy” rating and set a $12.00 price target for the company in a report on Monday, June 30th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, Laird Superfood has an average rating of “Strong Buy” and an average target price of $12.00.

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.