Hillsdale Investment Management Inc. Acquires New Holdings in Laird Superfood, Inc. (NYSEAMERICAN:LSF)

Hillsdale Investment Management Inc. bought a new position in shares of Laird Superfood, Inc. (NYSEAMERICAN:LSF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,769 shares of the company’s stock, valued at approximately $101,000. Hillsdale Investment Management Inc. owned about 0.12% of Laird Superfood at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Finley Financial LLC acquired a new stake in shares of Laird Superfood during the fourth quarter valued at $186,000. Geode Capital Management LLC raised its stake in Laird Superfood by 29.3% in the 3rd quarter. Geode Capital Management LLC now owns 80,253 shares of the company’s stock valued at $398,000 after purchasing an additional 18,187 shares during the last quarter. Finally, XTX Topco Ltd lifted its holdings in Laird Superfood by 41.6% in the 3rd quarter. XTX Topco Ltd now owns 15,957 shares of the company’s stock valued at $79,000 after purchasing an additional 4,690 shares in the last quarter. Hedge funds and other institutional investors own 8.56% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jason D. Vieth acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $5.37 per share, with a total value of $53,700.00. Following 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 available at this link. 15.50% of the stock is owned by company insiders.

Laird Superfood Stock Down 1.0 %

Shares of NYSEAMERICAN LSF opened at $6.24 on Tuesday. The stock has a market cap of $64.21 million, a PE ratio of -44.57 and a beta of 2.27. Laird Superfood, Inc. has a 12 month low of $1.90 and a 12 month high of $10.90.

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.