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 third quarter, Holdings Channel reports. The fund owned 75,506 shares of the company’s stock after selling 6,000 shares during the quarter. HighTower Advisors LLC’s holdings in Laird Superfood were worth $374,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in shares of Laird Superfood in the 2nd quarter worth approximately $63,000. Dimensional Fund Advisors LP bought a new position in Laird Superfood in the 2nd quarter valued at $155,000. Finally, Renaissance Technologies LLC increased its stake in Laird Superfood by 86.2% in the second quarter. Renaissance Technologies LLC now owns 327,600 shares of the company’s stock worth $1,841,000 after purchasing an additional 151,679 shares during the period. Institutional investors own 8.56% of the company’s stock.

Laird Superfood Price Performance

Shares of Laird Superfood stock opened at $7.96 on Monday. Laird Superfood, Inc. has a 1 year low of $0.71 and a 1 year high of $10.90. The firm has a market cap of $81.91 million, a P/E ratio of -56.85 and a beta of 2.26.

Analyst Upgrades and Downgrades

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

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.