Lifeway Foods, Inc. (NASDAQ:LWAY – Get Free Report) major shareholder Ludmila Smolyansky sold 3,620 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $21.56, for a total value of $78,047.20. Following the completion of the transaction, the insider now owns 1,254,753 shares in the company, valued at approximately $27,052,474.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Ludmila Smolyansky also recently made the following trade(s):
- On Tuesday, April 23rd, Ludmila Smolyansky sold 21,968 shares of Lifeway Foods stock. The stock was sold at an average price of $20.33, for a total value of $446,609.44.
- On Wednesday, April 17th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The shares were sold at an average price of $20.04, for a total value of $200,400.00.
- On Monday, April 15th, Ludmila Smolyansky sold 2,193 shares of Lifeway Foods stock. The shares were sold at an average price of $20.50, for a total value of $44,956.50.
- On Friday, April 5th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The shares were sold at an average price of $19.56, for a total value 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 value 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 value 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 value 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 value 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 value 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 value of $264,092.67.
Lifeway Foods Price Performance
Lifeway Foods stock opened at $21.49 on Friday. The stock’s 50 day moving average is $15.58 and its 200 day moving average is $13.79. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.30 and a quick ratio of 1.75. The firm has a market cap of $315.69 million, a P/E ratio of 28.28 and a beta of 1.33. Lifeway Foods, Inc. has a one year low of $5.61 and a one year high of $23.31.
Analysts Set New Price Targets
LWAY has been the topic of a number of recent research reports. Lake Street Capital initiated coverage on Lifeway Foods in a research note on Friday, April 5th. They set a “buy” rating and a $25.00 price target on the stock. Noble Financial reissued a “market perform” rating on shares of Lifeway Foods in a research note on Wednesday, March 27th. Finally, StockNews.com lowered Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th.
Check Out Our Latest Research Report on LWAY
Institutional Investors Weigh In On Lifeway Foods
A number of hedge funds have recently added to or reduced their stakes in LWAY. Tower Research Capital LLC TRC increased its holdings in Lifeway Foods by 656.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,010 shares of the company’s stock worth $67,000 after purchasing an additional 4,348 shares in the last quarter. Denali Advisors LLC bought a new stake in Lifeway Foods in the third quarter worth approximately $91,000. Teton Advisors Inc. bought a new stake in Lifeway Foods in the third quarter worth approximately $114,000. Acadian Asset Management LLC bought a new stake in Lifeway Foods in the third quarter worth approximately $143,000. Finally, Bailard Inc. bought a new stake in Lifeway Foods in the fourth quarter worth approximately $187,000. 36.39% of the stock is currently owned by institutional investors.
About Lifeway Foods
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.
Recommended Stories
- Five stocks we like better than Lifeway Foods
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Hasbro’s Management Made All the Right Calls This Quarter
- About the Markup Calculator
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- What is a Low P/E Ratio and What Does it Tell Investors?
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Lifeway Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lifeway Foods and related companies with MarketBeat.com's FREE daily email newsletter.