Insider Selling: Lifeway Foods, Inc. (NASDAQ:LWAY) Major Shareholder Sells 5,000 Shares of Stock

Lifeway Foods, Inc. (NASDAQ:LWAY - Get Free Report) major shareholder Ludmila Smolyansky sold 5,000 shares of the business's stock in a transaction 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 transaction, the insider now owns 1,312,534 shares of the company's stock, valued at $25,673,165.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 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 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 stock was 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 stock was 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 Price Performance

NASDAQ LWAY traded down $0.17 during trading hours on Wednesday, hitting $21.22. 184,926 shares of the company's stock traded hands, compared to its average volume of 84,494. Lifeway Foods, Inc. has a 52-week low of $5.61 and a 52-week high of $23.31. The company has a market capitalization of $311.72 million, a PE ratio of 27.92 and a beta of 1.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.30 and a quick ratio of 1.75. The firm's 50-day moving average is $13.68 and its 200-day moving average is $13.08.

Institutional Trading of Lifeway Foods

Several large investors have recently bought and sold shares of LWAY. Citigroup Inc. purchased a new stake in Lifeway Foods during the 3rd quarter valued at about $27,000. Tower Research Capital LLC TRC grew its stake in shares of Lifeway Foods by 656.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,010 shares of the company's stock valued at $67,000 after buying an additional 4,348 shares during the period. Millennium Management LLC purchased a new stake in shares of Lifeway Foods in the 4th quarter valued at approximately $82,000. Denali Advisors LLC purchased a new stake in shares of Lifeway Foods in the 3rd quarter valued at approximately $91,000. Finally, UBS Group AG grew its stake in shares of Lifeway Foods by 12,896.2% in the 4th quarter. UBS Group AG now owns 16,895 shares of the company's stock valued at $94,000 after buying an additional 16,765 shares during the period. Hedge funds and other institutional investors own 36.39% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Noble Financial restated a "market perform" rating on shares of Lifeway Foods in a research report on Wednesday, March 27th. Lake Street Capital assumed coverage on shares of Lifeway Foods in a research report on Friday, April 5th. They set a "buy" rating and a $25.00 price target for the company. Finally, StockNews.com downgraded shares of Lifeway Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday.

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.