Ludmila Smolyansky Sells 10,000 Shares of Lifeway Foods, Inc. (NASDAQ:LWAY) Stock

Lifeway Foods, Inc. (NASDAQ:LWAY) major shareholder Ludmila Smolyansky sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $20.04, for a total transaction of $200,400.00. Following the completion of the sale, the insider now directly owns 1,290,341 shares in the company, valued at $25,858,433.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Ludmila Smolyansky also recently made the following trade(s):

• On Monday, April 15th, Ludmila Smolyansky sold 2,193 shares of Lifeway Foods stock. The stock was sold at an average price of $20.50, for a total transaction of $44,956.50.
• On Friday, April 5th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The stock was sold at an average price of $19.56, for a total transaction of $97,800.00.
• On Monday, April 8th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The shares were sold at an average price of $20.40, for a total transaction of $102,000.00.
• On Tuesday, March 26th, Ludmila Smolyansky sold 13,000 shares of Lifeway Foods stock. The shares were sold at an average price of $18.71, for a total transaction of $243,230.00.
• On Friday, March 22nd, Ludmila Smolyansky sold 3,852 shares of Lifeway Foods stock. The shares were sold at an average price of $15.80, for a total transaction of $60,861.60.
• On Wednesday, March 20th, Ludmila Smolyansky sold 13,000 shares of Lifeway Foods stock. The shares were sold at an average price of $12.87, for a total transaction of $167,310.00.
• On Monday, February 26th, Ludmila Smolyansky sold 13,542 shares of Lifeway Foods stock. The shares were sold at an average price of $12.34, for a total transaction of $167,108.28.
• On Thursday, February 8th, Ludmila Smolyansky sold 22,747 shares of Lifeway Foods stock. The shares were sold at an average price of $11.61, for a total transaction of $264,092.67.
• On Tuesday, February 6th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The shares were sold at an average price of $11.84, for a total transaction of $118,400.00.
• On Wednesday, January 24th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The stock was sold at an average price of $13.44, for a total transaction of $67,200.00.

Lifeway Foods Trading Down 4.4 %

NASDAQ LWAY opened at $19.12 on Friday. The firm has a 50 day simple moving average of $14.51 and a 200-day simple moving average of $13.44. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.75 and a current ratio of 2.30. Lifeway Foods, Inc. has a one year low of $5.61 and a one year high of $23.31. The firm has a market cap of $280.87 million, a price-to-earnings ratio of 25.16 and a beta of 1.33.

Lifeway Foods (NASDAQ:LWAY) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05. Lifeway Foods had a net margin of 7.10% and a return on equity of 20.92%. The business had revenue of $42.09 million during the quarter, compared to analyst estimates of $40.00 million. Equities research analysts anticipate that Lifeway Foods, Inc. will post 1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on LWAY. Noble Financial restated a “market perform” rating on shares of Lifeway Foods in a research report on Wednesday, March 27th. Lake Street Capital assumed coverage on shares of Lifeway Foods in a research note on Friday, April 5th. They set a “buy” rating and a $25.00 target price for the company. Finally, StockNews.com lowered shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LWAY. EAM Investors LLC acquired a new stake in Lifeway Foods in the third quarter valued at approximately $1,353,000. Denali Advisors LLC raised its holdings in Lifeway Foods by 62.5% in the fourth quarter. Denali Advisors LLC now owns 14,300 shares of the company’s stock valued at $192,000 after acquiring an additional 5,500 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Lifeway Foods in the third quarter valued at approximately $143,000. Bank of New York Mellon Corp acquired a new stake in Lifeway Foods in the third quarter valued at approximately $405,000. Finally, Teton Advisors Inc. acquired a new stake in Lifeway Foods in the third quarter valued at approximately $114,000. Hedge funds and other institutional investors own 36.39% of the company’s stock.

Lifeway Foods Company Profile

Lifeway Foods, Inc produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types. The company offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; drinkable yogurt; and fresh made butter and sour cream.