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 business’s stock in a transaction dated 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 transaction, the insider now directly owns 1,290,341 shares of the company’s stock, valued at approximately $25,858,433.64. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large 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 shares were 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 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 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 stock was 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 stock was sold at an average price of $11.84, for a total value of $118,400.00.
• On Wednesday, January 24th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The shares were 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 $19.12 on Friday. Lifeway Foods, Inc. has a 1-year low of $5.61 and a 1-year high of $23.31. 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 business’s fifty day moving average price is $14.51 and its two-hundred day moving average price is $13.44. The firm has a market capitalization of $280.87 million, a PE ratio of 25.16 and a beta of 1.33.

Lifeway Foods (NASDAQ:LWAY) last issued its earnings results on Wednesday, March 20th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.05. Lifeway Foods had a return on equity of 20.92% and a net margin of 7.10%. The firm had revenue of $42.09 million for the quarter, compared to analyst estimates of $40.00 million. On average, research analysts expect that Lifeway Foods, Inc. will post 1 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on LWAY shares. StockNews.com cut Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th. Noble Financial reissued a “market perform” rating on shares of Lifeway Foods in a research report on Wednesday, March 27th. Finally, Lake Street Capital initiated coverage on Lifeway Foods in a research report on Friday, April 5th. They set a “buy” rating and a $25.00 price target on the stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LWAY. Citigroup Inc. acquired a new position in shares of Lifeway Foods in the 3rd quarter valued at $27,000. Tower Research Capital LLC TRC boosted its position in shares of Lifeway Foods by 656.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,010 shares of the company’s stock valued at $67,000 after purchasing an additional 4,348 shares during the period. Millennium Management LLC acquired a new position in shares of Lifeway Foods in the 4th quarter valued at $82,000. Denali Advisors LLC purchased a new stake in Lifeway Foods in the 3rd quarter worth about $91,000. Finally, UBS Group AG lifted its stake in Lifeway Foods by 12,896.2% in the 4th quarter. UBS Group AG now owns 16,895 shares of the company’s stock worth $94,000 after acquiring an additional 16,765 shares in 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.