22,617 Shares in Lifeway Foods, Inc. (NASDAQ:LWAY) Bought by Jump Financial LLC

Jump Financial LLC bought a new position in Lifeway Foods, Inc. (NASDAQ:LWAY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 22,617 shares of the company’s stock, valued at approximately $303,000. Jump Financial LLC owned 0.15% of Lifeway Foods at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Denali Advisors LLC raised its holdings in Lifeway Foods by 62.5% in the 4th quarter. Denali Advisors LLC now owns 14,300 shares of the company’s stock worth $192,000 after acquiring an additional 5,500 shares during the period. Teton Advisors Inc. bought a new position in shares of Lifeway Foods during the 3rd quarter worth about $114,000. Bailard Inc. bought a new position in shares of Lifeway Foods during the 4th quarter worth about $187,000. Acadian Asset Management LLC bought a new position in shares of Lifeway Foods during the 3rd quarter worth about $143,000. Finally, Gamco Investors INC. ET AL increased its holdings in shares of Lifeway Foods by 64.9% during the 3rd quarter. Gamco Investors INC. ET AL now owns 49,455 shares of the company’s stock worth $511,000 after purchasing an additional 19,455 shares during the period. Institutional investors own 36.39% of the company’s stock.

Insider Activity

In other Lifeway Foods news, major shareholder Ludmila Smolyansky sold 13,542 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $12.34, for a total value of $167,108.28. Following the transaction, the insider now directly owns 1,373,992 shares in the company, valued at $16,955,061.28. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Lifeway Foods news, CEO Julie Smolyansky sold 2,559 shares of the business’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $19.35, for a total value of $49,516.65. Following the transaction, the chief executive officer now directly owns 2,116,706 shares in the company, valued at $40,958,261.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Ludmila Smolyansky sold 13,542 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $12.34, for a total transaction of $167,108.28. Following the completion of the transaction, the insider now owns 1,373,992 shares in the company, valued at $16,955,061.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 168,839 shares of company stock worth $3,061,552. Corporate insiders own 31.77% of the company’s stock.

Analyst Upgrades and Downgrades

LWAY has been the topic of several research reports. Lake Street Capital boosted their price objective on shares of Lifeway Foods from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. StockNews.com upgraded shares of Lifeway Foods from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Noble Financial restated a “market perform” rating on shares of Lifeway Foods in a report on Wednesday, March 27th.

Lifeway Foods Price Performance

Shares of Lifeway Foods stock opened at $15.48 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.98 and a current ratio of 2.53. The firm’s 50-day simple moving average is $19.91 and its 200-day simple moving average is $15.33. Lifeway Foods, Inc. has a twelve month low of $5.76 and a twelve month high of $28.61. The firm has a market cap of $227.71 million, a P/E ratio of 18.00 and a beta of 1.31.

Lifeway Foods (NASDAQ:LWAY) last issued its earnings results on Tuesday, May 14th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.08). Lifeway Foods had a net margin of 7.77% and a return on equity of 22.34%. The business had revenue of $44.63 million for the quarter, compared to analyst estimates of $43.00 million. During the same quarter last year, the firm posted $0.06 earnings per share. As a group, research analysts expect that Lifeway Foods, Inc. will post 0.8 EPS for the current fiscal year.

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.