Lifeway Foods, Inc. (NASDAQ:LWAY – Get Free Report) major shareholder Ludmila Smolyansky sold 2,193 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $20.50, for a total value of $44,956.50. Following the completion of the sale, the insider now directly owns 1,300,341 shares in the company, valued at $26,656,990.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Ludmila Smolyansky also recently made the following trade(s):
- On Wednesday, April 17th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The stock was sold at an average price of $20.04, for a total transaction of $200,400.00.
- 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 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 stock was 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 value of $60,861.60.
- On Wednesday, March 20th, Ludmila Smolyansky sold 13,000 shares of Lifeway Foods stock. The stock was 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.
- 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 value of $67,200.00.
Lifeway Foods Price Performance
Shares of NASDAQ LWAY opened at $19.99 on Thursday. The company has a current ratio of 2.30, a quick ratio of 1.75 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average price is $14.34 and its 200-day moving average price is $13.39. The firm has a market capitalization of $293.65 million, a P/E ratio of 26.30 and a beta of 1.33. Lifeway Foods, Inc. has a 1-year low of $5.61 and a 1-year high of $23.31.
Institutional Trading of Lifeway Foods
Several institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC grew its holdings in Lifeway Foods by 2.2% during the first quarter. Renaissance Technologies LLC now owns 383,982 shares of the company’s stock worth $2,319,000 after buying an additional 8,200 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Lifeway Foods by 7.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 317,479 shares of the company’s stock worth $4,257,000 after acquiring an additional 21,732 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Lifeway Foods by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 260,569 shares of the company’s stock worth $3,494,000 after acquiring an additional 2,211 shares in the last quarter. Hillsdale Investment Management Inc. raised its holdings in shares of Lifeway Foods by 15.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 235,097 shares of the company’s stock valued at $3,153,000 after purchasing an additional 31,813 shares during the last quarter. Finally, EAM Investors LLC bought a new position in shares of Lifeway Foods during the third quarter valued at about $1,353,000. 36.39% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Lake Street Capital initiated coverage on shares of Lifeway Foods in a report on Friday, April 5th. They issued a “buy” rating and a $25.00 target price on the stock. StockNews.com lowered Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 6th. Finally, Noble Financial restated a “market perform” rating on shares of Lifeway Foods in a research report on Wednesday, March 27th.
Check Out Our Latest Stock Report on LWAY
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.
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