Laird Superfood Inc’s filing revealed that its Director Barker Geoffrey T acquired Company’s shares for reported $0.14 million on Mar 15 ’24. In the deal valued at $2.79 per share,50,000 shares were bought. As a result of this transaction, Barker Geoffrey T now holds 179,057 shares worth roughly $0.49 million.
Then, Naylor Maile bought 8,850 shares, generating $20,049 in total proceeds. Upon buying the shares at $2.27, the Director now owns 91,807 shares.
Before that, Hamill Anna bought 4,600 shares. Laird Superfood Inc shares valued at $9,338 were divested by the Chief Financial Officer at a price of $2.03 per share. As a result of the transaction, Hamill Anna now holds 108,534 shares, worth roughly $0.3 million.
ROTH Capital downgraded its Laird Superfood Inc [LSF] rating to a Neutral from a a Buy in a research note published on August 12, 2021; the price target was decreased to $23 from $43. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Canaccord Genuity began covering LSF with “Buy” recommendation on October 19, 2020.
Price Performance Review of LSF
On Tuesday, Laird Superfood Inc [AMEX:LSF] saw its stock jump 16.95% to $2.76. Over the last five days, the stock has gained 2.99%. Laird Superfood Inc shares have risen nearly 203.30% since the year began. Nevertheless, the stocks have risen 189.19% over the past one year. While a 52-week high of $3.48 was reached on 03/18/24, a 52-week low of $0.65 was recorded on 02/26/24. SMA at 50 days reached $1.50, while 200 days put it at $1.10. A total of 0.32 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For LSF Stock
The 24-hour chart illustrates a support level at 2.43, which if violated will result in even more drops to 2.09. On the upside, there is a resistance level at 2.97. A further resistance level may holdings at 3.17. The Relative Strength Index (RSI) on the 14-day chart is 62.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.90%. Stochastics %K at 26.63% indicates the stock is a holding.
How much short interest is there in Laird Superfood Inc?
A steep rise in short interest was recorded in Laird Superfood Inc stocks on Mar 15, 2024, growing by 0.75 million shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 46430.0 shares. There was a rise of 94.15%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 9.34% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.66.
