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Anna Hamill, the Chief Financial Officer of Laird Superfood, Inc. (NYSE:LSF), recently acquired a substantial number of shares in the company. According to a recent SEC filing, Hamill purchased a total of 3,604 shares in various transactions on March 4 and March 5, 2025. The shares were bought at prices ranging from $5.40 to $5.71, totaling an investment of $19,996. This insider purchase comes as InvestingPro data shows the stock has delivered an impressive 539.8% return over the past year, despite recent volatility.
After these transactions, Hamill’s total direct ownership in Laird Superfood stands at 108,544 shares. This move underscores a significant increase in her holdings, reflecting a continued commitment to the company. Laird Superfood, based in Sisters, Oregon, is known for its plant-based food products and has been actively expanding its market presence, with revenue growing 26.5% in the last twelve months. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 3.03, while analysts have set price targets between $12-14, suggesting potential upside. For deeper insights into insider trading patterns and comprehensive financial analysis, discover more with InvestingPro’s detailed research reports.
In other recent news, Laird Superfood reported a quarterly earnings loss of $0.18 per share, falling short of analyst expectations of a $0.02 profit. Despite this earnings miss, the company achieved revenue of $11.6 million, surpassing forecasts of $10.86 million and marking a 26% increase from the previous year. The company’s strong revenue growth is attributed to its expanding product lines and increased market share, although challenges such as supply chain constraints persist. Laird Superfood ended the quarter with $8.5 million in cash and no debt, which may provide some financial stability amid these challenges. Analysts from Craig Hallum Capital Group and Roth Capital Partners (WA:CPAP) have shown interest in the company’s supply chain issues and product performance, indicating ongoing market interest. Laird Superfood is targeting net sales growth of 20-25% for 2025, with a focus on maintaining gross margins in the high 30s. The company plans to address out-of-stock issues by early Q2, which may impact Q1 sales growth. Additionally, Laird Superfood is experiencing strong demand for its coffee products, which have contributed significantly to its wholesale growth.
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