Dimensional Fund Advisors LP purchased a new stake in Laird Superfood, Inc. (NYSEAMERICAN:LSF – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,583 shares of the company’s stock, valued at approximately $155,000. Dimensional Fund Advisors LP owned about 0.27% of Laird Superfood as of its most recent SEC filing.
Separately, Virtu Financial LLC purchased a new position in Laird Superfood in the first quarter valued at approximately $61,000. Institutional investors own 8.56% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Roth Mkm restated a “buy” rating and set a $6.00 target price (up from $4.50) on shares of Laird Superfood in a research report on Thursday, August 8th.
Laird Superfood Trading Down 0.8 %
NYSEAMERICAN:LSF opened at $5.92 on Tuesday. The firm has a fifty day moving average price of $1.07. Laird Superfood, Inc. has a 1-year low of $0.71 and a 1-year high of $6.66. The stock has a market cap of $60.86 million, a price-to-earnings ratio of -14.80 and a beta of 2.30.
Laird Superfood (NYSEAMERICAN:LSF – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.07. Laird Superfood had a negative return on equity of 31.42% and a negative net margin of 9.84%. The company had revenue of $10.00 million during the quarter, compared to the consensus estimate of $9.70 million. As a group, equities research analysts anticipate that Laird Superfood, Inc. will post -0.15 earnings per share for the current year.
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.
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