Ludmila Smolyansky Sells 13,000 Shares of Lifeway Foods, Inc. (NASDAQ:LWAY) Stock

Lifeway Foods, Inc. (NASDAQ:LWAY) major shareholder Ludmila Smolyansky sold 13,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $18.71, for a total transaction of $243,230.00. Following the sale, the insider now directly owns 1,334,534 shares of the company’s stock, valued at $24,969,131.14. The sale 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 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 Stock Performance

LWAY traded down $2.11 on Thursday, hitting $17.22. 246,516 shares of the company’s stock were exchanged, compared to its average volume of 68,740. The firm has a market cap of $252.96 million, a PE ratio of 22.66 and a beta of 1.29. Lifeway Foods, Inc. has a twelve month low of $5.61 and a twelve month high of $19.60. The stock has a fifty day moving average of $12.52 and a two-hundred day moving average of $12.60. The company has a current ratio of 2.30, a quick ratio of 1.75 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On Lifeway Foods

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in shares of Lifeway Foods by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 268,069 shares of the company’s stock valued at $1,804,000 after purchasing an additional 1,534 shares during the period. Royal Bank of Canada increased its stake in shares of Lifeway Foods by 32.5% in the fourth quarter. Royal Bank of Canada now owns 7,421 shares of the company’s stock valued at $99,000 after purchasing an additional 1,821 shares during the period. Vanguard Group Inc. increased its stake in shares of Lifeway Foods by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 260,569 shares of the company’s stock valued at $3,494,000 after purchasing an additional 2,211 shares during the period. Northern Trust Corp increased its stake in shares of Lifeway Foods by 14.7% in the second quarter. Northern Trust Corp now owns 17,255 shares of the company’s stock valued at $113,000 after purchasing an additional 2,212 shares during the period. Finally, Citigroup Inc. acquired a new stake in shares of Lifeway Foods in the third quarter valued at approximately $27,000. Institutional investors and hedge funds own 36.39% of the company’s stock.

Wall Street Analyst Weigh In

LWAY has been the topic of several research reports. StockNews.com lowered shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Noble Financial reiterated a “market perform” rating on shares of Lifeway Foods in a research note on Wednesday.

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.