Lifeway Foods, Inc. (NASDAQ:LWAY - Get Free Report) major shareholder Ludmila Smolyansky sold 8,376 shares of the business's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $23.62, for a total value of $197,841.12. Following the completion of the sale, the insider now owns 932,447 shares of the company's stock, valued at $22,024,398.14. The trade was a 0.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% 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 Thursday, April 10th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The stock was sold at an average price of $23.51, for a total transaction of $235,100.00.
- On Tuesday, February 11th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The shares were sold at an average price of $21.31, for a total transaction of $213,100.00.
- On Friday, January 17th, Ludmila Smolyansky sold 12,034 shares of Lifeway Foods stock. The stock was sold at an average price of $22.55, for a total transaction of $271,366.70.
Lifeway Foods Stock Performance
Shares of LWAY stock opened at $23.89 on Thursday. The company has a market capitalization of $363.20 million, a P/E ratio of 27.78 and a beta of 0.93. Lifeway Foods, Inc. has a fifty-two week low of $10.06 and a fifty-two week high of $28.61. The stock has a 50 day moving average price of $22.59 and a two-hundred day moving average price of $23.77.
Lifeway Foods (NASDAQ:LWAY - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.19). The firm had revenue of $46.93 million for the quarter, compared to the consensus estimate of $48.00 million. Lifeway Foods had a net margin of 7.23% and a return on equity of 19.97%.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Lifeway Foods in a research note on Tuesday. They set a "hold" rating on the stock.
Read Our Latest Research Report on Lifeway Foods
Institutional Trading of Lifeway Foods
Institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC increased its holdings in Lifeway Foods by 1.4% during the 4th quarter. Renaissance Technologies LLC now owns 436,371 shares of the company's stock valued at $10,822,000 after purchasing an additional 6,189 shares during the period. Beryl Capital Management LLC bought a new stake in shares of Lifeway Foods in the 4th quarter worth approximately $3,607,000. TIG Advisors LLC purchased a new position in shares of Lifeway Foods during the fourth quarter valued at approximately $3,512,000. Gamco Investors INC. ET AL raised its holdings in shares of Lifeway Foods by 0.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 120,350 shares of the company's stock valued at $2,985,000 after acquiring an additional 1,050 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new stake in Lifeway Foods in the fourth quarter worth $2,925,000. 36.39% of the stock is currently owned by hedge funds and other institutional investors.
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.
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