Investment analysts at StockNews.com assumed coverage on shares of Lifeway Foods (NASDAQ:LWAY – Get Rating) in a report released on Saturday. The brokerage set a "strong-buy" rating on the stock.

Several other research analysts have also recently issued reports on the stock. TheStreet cut shares of Lifeway Foods from a "b-" rating to a "c" rating in a report on Thursday, September 22nd. Noble Financial raised shares of Lifeway Foods from a "market perform" rating to an "outperform" rating and set a $10.00 target price for the company in a report on Wednesday, November 16th.

Lifeway Foods Trading Down 0.7 %

Shares of NASDAQ LWAY opened at $5.55 on Friday. Lifeway Foods has a 1 year low of $4.55 and a 1 year high of $9.00. The stock has a market cap of $86.01 million, a P/E ratio of 14.61 and a beta of 1.55. The firm has a 50-day moving average of $6.41 and a 200 day moving average of $5.85. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.18 and a quick ratio of 1.55.

Insider Activity

In other news, major shareholder Edward Smolyansky sold 5,000 shares of the business's stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $7.72, for a total transaction of $38,600.00. Following the completion of the transaction, the insider now directly owns 1,995,112 shares of the company's stock, valued at $15,402,264.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Ludmila Smolyansky sold 20,000 shares of the business's stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $6.68, for a total transaction of $133,600.00. Following the completion of the transaction, the director now directly owns 2,398,120 shares of the company's stock, valued at $16,019,441.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Edward Smolyansky sold 5,000 shares of the business's stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $7.72, for a total transaction of $38,600.00. Following the transaction, the insider now directly owns 1,995,112 shares of the company's stock, valued at $15,402,264.64. The disclosure for this sale can be found here. Insiders sold 41,883 shares of company stock valued at $293,966 over the last three months. Insiders own 50.34% of the company's stock.

Institutional Trading of Lifeway Foods

An institutional investor recently raised its position in Lifeway Foods stock. Vanguard Group Inc. boosted its holdings in shares of Lifeway Foods, Inc. (NASDAQ:LWAY – Get Rating) by 22.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 178,117 shares of the company's stock after buying an additional 33,079 shares during the quarter. Vanguard Group Inc. owned approximately 1.15% of Lifeway Foods worth $1,286,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 29.36% of the company's stock.

Lifeway Foods Company Profile

(Get Rating)

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, including low fat, non-fat, whole milk, protein, and BioKefir. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt products; and frozen kefir in soft serve and pint-size containers.

Further Reading

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