Lifeway Foods, Inc. (NASDAQ:LWAY) COO Edward Smolyansky sold 4,890 shares of the company’s stock in a transaction dated Monday, June 11th. The stock was sold at an average price of $6.41, for a total value of $31,344.90. Following the transaction, the chief operating officer now directly owns 993,614 shares of the company’s stock, valued at $6,369,065.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Edward Smolyansky also recently made the following trade(s):
- On Tuesday, May 22nd, Edward Smolyansky sold 10,000 shares of Lifeway Foods stock. The stock was sold at an average price of $5.66, for a total value of $56,600.00.
Shares of Lifeway Foods traded down $0.19, hitting $6.07, on Thursday, MarketBeat Ratings reports. 21,169 shares of the stock were exchanged, compared to its average volume of 19,386. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.32 and a quick ratio of 1.57. The stock has a market capitalization of $95.58 million, a P/E ratio of -303.50 and a beta of 0.51. Lifeway Foods, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $10.75.
An institutional investor recently bought a new position in Lifeway Foods stock. Stone Ridge Asset Management LLC purchased a new stake in shares of Lifeway Foods, Inc. (NASDAQ:LWAY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,159 shares of the company’s stock, valued at approximately $161,000. Stone Ridge Asset Management LLC owned about 0.13% of Lifeway Foods as of its most recent filing with the Securities and Exchange Commission (SEC). 16.21% of the stock is currently owned by hedge funds and other institutional investors.
LWAY has been the subject of several recent research reports. Zacks Investment Research cut Lifeway Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 25th. TheStreet cut Lifeway Foods from a “c-” rating to a “d” rating in a research report on Friday, May 4th. Finally, ValuEngine cut Lifeway Foods from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd.
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, including low fat, non-fat, whole milk, protein, BioKefir, and kefir with oats.
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