Lifeway Foods, Inc. (NASDAQ:LWAY – Get Rating) Director Ludmila Smolyansky sold 5,000 shares of the company's stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $6.67, for a total transaction of $33,350.00. Following the sale, the director now directly owns 2,383,120 shares of the company's stock, valued at $15,895,410.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Ludmila Smolyansky also recently made the following trade(s):
Get Lifeway Foods alerts:- On Monday, December 12th, Ludmila Smolyansky sold 20,000 shares of Lifeway Foods stock. The stock was sold at an average price of $6.68, for a total transaction of $133,600.00.
Lifeway Foods Stock Performance
Shares of LWAY stock opened at $5.55 on Friday. Lifeway Foods, Inc. has a 12 month low of $4.55 and a 12 month high of $9.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.18 and a quick ratio of 1.55. The firm has a market capitalization of $86.01 million, a P/E ratio of 14.61 and a beta of 1.55. The company's fifty day moving average price is $6.36 and its two-hundred day moving average price is $5.82.
Lifeway Foods (NASDAQ:LWAY – Get Rating) last issued its quarterly earnings data on Monday, September 26th. The company reported $0.01 EPS for the quarter. The firm had revenue of $33.49 million for the quarter. Lifeway Foods had a net margin of 0.08% and a return on equity of 0.23%. On average, research analysts anticipate that Lifeway Foods, Inc. will post 0.01 earnings per share for the current fiscal year.Wall Street Analyst Weigh In
A number of brokerages recently weighed in on LWAY. StockNews.com began coverage on shares of Lifeway Foods in a research report on Thursday. They set a "strong-buy" rating for the company. Noble Financial upgraded shares of Lifeway Foods from a "market perform" rating to an "outperform" rating and set a $10.00 price objective on the stock in a report on Wednesday, November 16th. Finally, TheStreet lowered shares of Lifeway Foods from a "b-" rating to a "c" rating in a report on Thursday, September 22nd.
Institutional Investors Weigh In On Lifeway Foods
A hedge fund recently raised its stake in Lifeway Foods stock. Vanguard Group Inc. grew its stake in Lifeway Foods, Inc. (NASDAQ:LWAY – Get Rating) by 22.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 178,117 shares of the company's stock after purchasing an additional 33,079 shares during the quarter. Vanguard Group Inc. owned approximately 1.15% of Lifeway Foods worth $1,286,000 as of its most recent filing with the SEC. 29.36% of the stock is currently owned by institutional investors.
About Lifeway Foods
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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.
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