Laird Superfood (NYSEAMERICAN:LSF) Shares Down 0.8% – Should You Sell?

Laird Superfood, Inc. (NYSEAMERICAN:LSF)’s share price was down 0.8% during mid-day trading on Wednesday . The stock traded as low as $2.53 and last traded at $2.63. Approximately 49,148 shares changed hands during trading, a decline of 60% from the average daily volume of 121,497 shares. The stock had previously closed at $2.65.

Laird Superfood Trading Down 0.8%

The firm’s 50-day moving average price is $2.59 and its two-hundred day moving average price is $4.23. The stock has a market cap of $28.11 million, a PE ratio of -14.61 and a beta of 2.39.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in LSF. Goldman Sachs Group Inc. lifted its stake in shares of Laird Superfood by 24.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 31,943 shares of the company’s stock worth $71,000 after purchasing an additional 6,178 shares during the last quarter. HighTower Advisors LLC lifted its position in Laird Superfood by 7.1% during the fourth quarter. HighTower Advisors LLC now owns 75,476 shares of the company’s stock valued at $168,000 after acquiring an additional 5,000 shares during the last quarter. Steadtrust LLC purchased a new stake in Laird Superfood during the fourth quarter valued at approximately $44,000. Crewe Advisors LLC acquired a new stake in Laird Superfood in the fourth quarter valued at approximately $36,000. Finally, Susquehanna International Group LLP grew its holdings in Laird Superfood by 29.1% in the third quarter. Susquehanna International Group LLP now owns 47,546 shares of the company’s stock worth $265,000 after purchasing an additional 10,708 shares during the last quarter. 8.56% of the stock is owned by institutional investors.

About Laird Superfood

Laird Superfood, Inc (NYSE American: LSF) is a consumer wellness company specializing in plant-based superfood and functional beverage products. Founded in 2015 by big-wave surfer and entrepreneur Laird Hamilton, the company develops creamers, coffees, hydration mixes and culinary superfood blends designed to deliver energy, focus and nutritional support. Laird Superfood’s offerings leverage premium ingredients such as coconut milk, aquamin sea minerals, functional mushrooms and adaptogens to address growing consumer demand for clean-label, nutrient-rich alternatives.

The company’s core product lines include coconut-based coffee creamers, plant-based creamers, instant coffee blends combined with superfood ingredients, hydration mixes and culinary seasonings.