La Rosa (NASDAQ:LRHC) Major Shareholder Financial Lp Hrt Buys 14,584 Shares

La Rosa Holdings Corp. (NASDAQ:LRHC) major shareholder Financial Lp Hrt acquired 14,584 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was purchased at an average cost of $1.07 per share, with a total value of $15,604.88. Following the acquisition, the insider directly owned 56,964 shares of the company’s stock, valued at $60,951.48. This trade represents a 34.41% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, March 2nd, Financial Lp Hrt sold 8,368 shares of La Rosa stock. The shares were sold at an average price of $1.09, for a total transaction of $9,121.12.

La Rosa Stock Performance

Shares of La Rosa stock opened at $0.98 on Wednesday. The firm has a market cap of $156,800.00, a PE ratio of 0.00 and a beta of 3.09. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.63. La Rosa Holdings Corp. has a 52 week low of $0.96 and a 52 week high of $186.56. The business’s fifty day simple moving average is $3.88 and its 200-day simple moving average is $32.72.

Institutional Trading of La Rosa

An institutional investor recently bought a new position in La Rosa stock. Citadel Advisors LLC purchased a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned 1.25% of La Rosa as of its most recent SEC filing. 7.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wall Street Zen downgraded shares of La Rosa to a “strong sell” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

La Rosa Company Profile

La Rosa Holdings, Inc (NASDAQ: LRHC) is a holding company that owns, operates and franchises LaRosa’s Pizzeria, a regional restaurant chain based in Cincinnati, Ohio. The company’s core business revolves around fast‐casual dining, with a focus on pizza and Italian‐inspired menu items served through dine-in, carry-out and delivery channels.

Founded in 1954 by Vincenzo “Buddy” LaRosa, LaRosa’s Pizzeria has grown from a single storefront into a network of over 30 locations across Ohio, Kentucky and Indiana.