Ludmila Smolyansky Sells 5,000 Shares of Lifeway Foods, Inc. (NASDAQ:LWAY) Stock

Lifeway Foods, Inc. (NASDAQ:LWAY) major shareholder Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $19.56, for a total transaction of $97,800.00. Following the sale, the insider now owns 1,312,534 shares of the company’s stock, valued at $25,673,165.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 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 stock was 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 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.
• 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 transaction of $155,154.86.

Lifeway Foods Trading Down 0.9 %

NASDAQ:LWAY opened at $21.02 on Friday. The company has a quick ratio of 1.75, a current ratio of 2.30 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average of $13.85 and a 200 day moving average of $13.14. The firm has a market capitalization of $308.78 million, a P/E ratio of 27.66 and a beta of 1.33. Lifeway Foods, Inc. has a 52 week low of $5.61 and a 52 week high of $23.31.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Lake Street Capital assumed coverage on shares of Lifeway Foods in a report on Friday, April 5th. They issued a “buy” rating and a $25.00 price objective for the company. StockNews.com lowered shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 6th. Finally, Noble Financial reiterated a “market perform” rating on shares of Lifeway Foods in a report on Wednesday, March 27th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LWAY. Citigroup Inc. purchased a new position in Lifeway Foods during the 3rd quarter valued at $27,000. Tower Research Capital LLC TRC increased its position in Lifeway Foods by 656.8% during 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 purchased a new position in Lifeway Foods during the 4th quarter valued at $82,000. Denali Advisors LLC purchased a new position in Lifeway Foods during the 3rd quarter valued at $91,000. Finally, UBS Group AG increased its position in Lifeway Foods by 12,896.2% during the 4th quarter. UBS Group AG now owns 16,895 shares of the company’s stock valued at $94,000 after purchasing an additional 16,765 shares during the period. 36.39% of the stock is owned by hedge funds and other institutional investors.

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.