Lifeway Foods, Inc. (NASDAQ:LWAY – Get Free Report) major shareholder Ludmila Smolyansky sold 2,193 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $20.50, for a total transaction of $44,956.50. Following the transaction, the insider now directly owns 1,300,341 shares in the company, valued at $26,656,990.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock 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 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 stock was 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 stock was 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 2.2 %
Shares of Lifeway Foods stock traded down $0.45 during trading on Wednesday, hitting $19.99. The company’s stock had a trading volume of 129,001 shares, compared to its average volume of 85,987. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.30 and a quick ratio of 1.75. Lifeway Foods, Inc. has a 52 week low of $5.61 and a 52 week high of $23.31. The stock has a market cap of $293.65 million, a price-to-earnings ratio of 26.30 and a beta of 1.33. The stock has a 50-day moving average price of $14.34 and a two-hundred day moving average price of $13.39.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on LWAY. Noble Financial reaffirmed a “market perform” rating on shares of Lifeway Foods in a research note on Wednesday, March 27th. StockNews.com cut shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th. Finally, Lake Street Capital began coverage on shares of Lifeway Foods in a research note on Friday, April 5th. They issued a “buy” rating and a $25.00 price objective on the stock.
Read Our Latest Stock Report on LWAY
Institutional Trading of Lifeway Foods
A number of institutional investors have recently bought and sold shares of LWAY. Citigroup Inc. bought a new stake in Lifeway Foods during the third quarter valued at $27,000. Tower Research Capital LLC TRC boosted its position in Lifeway Foods by 656.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,010 shares of the company’s stock valued at $67,000 after acquiring an additional 4,348 shares during the last quarter. Millennium Management LLC bought a new stake in Lifeway Foods during the fourth quarter valued at $82,000. Denali Advisors LLC bought a new stake in Lifeway Foods during the third quarter valued at $91,000. Finally, UBS Group AG boosted its position in Lifeway Foods by 12,896.2% during the fourth quarter. UBS Group AG now owns 16,895 shares of the company’s stock valued at $94,000 after acquiring an additional 16,765 shares during the last quarter. Institutional investors own 36.39% of the company’s stock.
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.
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