Lifeway Foods director Scher sells $595k in stock

Published 30/06/2025, 19:30
Lifeway Foods director Scher sells $595k in stock

Director Jason Scott Scher of Lifeway Foods , Inc. (NASDAQ:LWAY), a company with a market capitalization of $374 million and currently trading at $24.59, sold 24,566 shares of common stock over two days, according to a Form 4 filing with the Securities and Exchange Commission.

On June 26, 2025, Scher sold 8,200 shares at a price of $24.22 per share. The following day, June 27, 2025, Scher sold 16,366 shares at $24.24 per share. The total value of the shares sold was $595,315, with prices ranging from $24.22 to $24.24. Following these transactions, Scher directly owns 1 share of Lifeway Foods, Inc. common stock. According to InvestingPro, LWAY has delivered an impressive 93.5% return over the past year, though current analysis suggests the stock is trading above its Fair Value.

Scher also holds derivative securities in the form of Restricted Stock Units and Phantom Stock. InvestingPro analysis shows the company maintains strong financial health with a GREAT overall score, offering 8 additional valuable insights available to subscribers through their comprehensive Pro Research Report.

In other recent news, Lifeway Foods reported a 10.7% increase in net sales for the first two months of the second quarter, reaching $37.6 million. The company anticipates second-quarter net sales to be between $52 million and $56 million. Lifeway Foods’ first-quarter 2025 earnings met analysts’ expectations with an earnings per share of $0.23, but revenue fell short at $46.09 million compared to the projected $48 million. Despite this, Lifeway Foods saw a 16.7% year-over-year increase in net sales for 2024, totaling $186.8 million. The company has expanded its distribution network, making its kefir and other products available in major retail chains like Amazon (NASDAQ:AMZN) Fresh, BJ’s Wholesale Club (NYSE:BJ), and CVS. Lifeway Foods’ CEO, Julie Smolyansky, attributed growth to rising consumer interest in functional foods, with social media playing a significant role in boosting kefir’s popularity. The company’s products, known for their live and active cultures, are designed to support immunity and digestion. Lifeway Foods continues to leverage its market leadership in kefir while focusing on innovation and expanding its product offerings.

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