Lifeway Foods, Inc. (NASDAQ:LWAY) Major Shareholder Sells $167,310.00 in Stock

Lifeway Foods, Inc. (NASDAQ:LWAYGet Free Report) major shareholder Ludmila Smolyansky sold 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $12.87, for a total value of $167,310.00. Following the transaction, the insider now directly owns 1,359,386 shares in the company, valued at $17,495,297.82. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 Friday, March 22nd, Ludmila Smolyansky sold 3,852 shares of Lifeway Foods stock. The stock was sold at an average price of $15.80, for a total value of $60,861.60.
  • 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 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 stock was sold at an average price of $13.44, for a total value of $67,200.00.
  • On Monday, January 22nd, Ludmila Smolyansky sold 11,459 shares of Lifeway Foods stock. The stock was sold at an average price of $13.54, for a total value of $155,154.86.

Lifeway Foods Trading Up 11.7 %

Shares of LWAY stock opened at $16.49 on Friday. The stock has a market cap of $242.24 million, a price-to-earnings ratio of 21.70 and a beta of 1.29. The stock has a 50-day moving average of $12.16 and a 200-day moving average of $12.41. The company has a current ratio of 2.30, a quick ratio of 1.68 and a debt-to-equity ratio of 0.02. Lifeway Foods, Inc. has a 1-year low of $5.61 and a 1-year high of $17.33.

Institutional Investors Weigh In On Lifeway Foods

Several large investors have recently added to or reduced their stakes in LWAY. Vanguard Group Inc. grew its stake in Lifeway Foods by 22.8% during the first quarter. Vanguard Group Inc. now owns 178,117 shares of the company’s stock worth $1,286,000 after purchasing an additional 33,079 shares during the period. UBS Group AG grew its stake in Lifeway Foods by 12,896.2% in 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 period. Millennium Management LLC acquired a new stake in Lifeway Foods in the fourth quarter valued at approximately $82,000. Dimensional Fund Advisors LP grew its stake in Lifeway Foods by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 266,535 shares of the company’s stock valued at $1,610,000 after acquiring an additional 3,657 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Lifeway Foods by 2.2% in the first quarter. Renaissance Technologies LLC now owns 383,982 shares of the company’s stock valued at $2,319,000 after acquiring an additional 8,200 shares during the period. Institutional investors and hedge funds own 30.74% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. StockNews.com upgraded Lifeway Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 26th. Noble Financial upgraded Lifeway Foods from a “market perform” rating to an “outperform” rating and set a $14.00 target price for the company in a research report on Monday, February 26th.

View Our Latest Report on LWAY

About Lifeway Foods

(Get Free Report)

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 also 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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Insider Buying and Selling by Quarter for Lifeway Foods (NASDAQ:LWAY)

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