Lifeway Foods, Inc. (NASDAQ:LWAY - Get Free Report) CEO Julie Smolyansky sold 2,559 shares of the company's stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $19.35, for a total transaction of $49,516.65. Following the completion of the sale, the chief executive officer now directly owns 2,116,706 shares of the company's stock, valued at approximately $40,958,261.10. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Julie Smolyansky also recently made the following trade(s):
- On Monday, March 25th, Julie Smolyansky sold 10,000 shares of Lifeway Foods stock. The shares were sold at an average price of $17.23, for a total transaction of $172,300.00.
Lifeway Foods Trading Down 10.9 %
Shares of LWAY opened at $17.22 on Friday. The stock has a market capitalization of $252.96 million, a P/E ratio of 22.66 and a beta of 1.29. The company has a quick ratio of 1.75, a current ratio of 2.30 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $12.52 and a two-hundred day simple moving average of $12.60. Lifeway Foods, Inc. has a twelve month low of $5.61 and a twelve month high of $19.60.
Institutional Investors Weigh In On Lifeway Foods
His win rate puts Warren Buffett to shame…
From Investing Daily | Ad
Not long ago I joined Phil Ash for a private one-on-one interview.
And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015…
Without a single loss.
Click here now for the full story.
Several institutional investors have recently added to or reduced their stakes in the company. Citigroup Inc. purchased a new stake in shares of Lifeway Foods in the 3rd quarter worth about $27,000. Tower Research Capital LLC TRC lifted its position 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 worth $67,000 after purchasing an additional 4,348 shares during the period. Millennium Management LLC purchased a new stake in shares of Lifeway Foods in the 4th quarter worth about $82,000. Denali Advisors LLC purchased a new stake in shares of Lifeway Foods in the 3rd quarter worth about $91,000. Finally, UBS Group AG lifted its position 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 worth $94,000 after purchasing an additional 16,765 shares during the period. Hedge funds and other institutional investors own 36.39% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have weighed in on LWAY. Noble Financial reissued a "market perform" rating on shares of Lifeway Foods in a research report on Wednesday. StockNews.com cut shares of Lifeway Foods from a "strong-buy" rating to a "buy" rating in a research report on Wednesday.
View Our Latest Stock Report on Lifeway Foods
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
