Ludmila Smolyansky Sells 21,968 Shares of Lifeway Foods, Inc. (NASDAQ:LWAY) Stock

Posted by AM Reporter Staff on Apr 26th, 2024

Lifeway Foods, Inc. (NASDAQ:LWAY – Get Free Report) major shareholder Ludmila Smolyansky sold 21,968 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $20.33, for a total transaction of $446,609.44. Following the sale, the insider now directly owns 1,268,373 shares in the company, valued at approximately $25,786,023.09. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Ludmila Smolyansky also recently made the following trade(s):

On Thursday, April 25th, Ludmila Smolyansky sold 3,620 shares of Lifeway Foods stock. The stock was sold at an average price of $21.56, for a total transaction of $78,047.20.
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 Monday, April 15th, Ludmila Smolyansky sold 2,193 shares of Lifeway Foods stock. The stock was 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 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 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 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.

Lifeway Foods Trading Up 0.3 %

NASDAQ:LWAY opened at $21.49 on Friday. The company has a fifty day moving average of $15.58 and a 200 day moving average of $13.79. Lifeway Foods, Inc. has a 52 week low of $5.61 and a 52 week high of $23.31. 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 firm has a market capitalization of $315.69 million, a P/E ratio of 28.28 and a beta of 1.33.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LWAY. Denali Advisors LLC bought a new position in Lifeway Foods in the 3rd quarter worth $91,000. Bank of New York Mellon Corp bought a new position in Lifeway Foods in the 3rd quarter worth $405,000. Teton Advisors Inc. bought a new position in Lifeway Foods in the 3rd quarter worth $114,000. Gamco Investors INC. ET AL raised its holdings in Lifeway Foods by 64.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 49,455 shares of the company’s stock worth $511,000 after purchasing an additional 19,455 shares in the last quarter. Finally, Navellier & Associates Inc. bought a new position in Lifeway Foods in the 3rd quarter worth $250,000. 36.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LWAY has been the subject of a number of research reports. StockNews.com cut shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th. 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 for the company. Finally, Noble Financial reiterated a “market perform” rating on shares of Lifeway Foods in a report on Wednesday, March 27th.

View Our Latest Research Report on Lifeway Foods

Lifeway Foods Company Profile

(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 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.