Lifeway Foods’ Edward Smolyansky sells $464,600 in stock

Edward Smolyansky, a significant shareholder in Lifeway Foods , Inc. (NASDAQ:LWAY), recently sold 20,000 shares of the company’s common stock. The sale, executed on March 18, 2025, was completed at a weighted average price of $23.23 per share, totaling approximately $464,600. The transaction comes as Lifeway Foods demonstrates strong market performance, with the stock delivering an impressive 110% return over the past year. The company, currently valued at $348 million, maintains a robust financial health score of "GREAT" according to InvestingPro analysis. Following this transaction, Smolyansky holds 1,251,642 shares directly. Additional shares are held indirectly through various entities, including the Ludmila and Edward Smolyansky Family Foundation and the Edward Smolyansky Trust. Smolyansky also reports indirect holdings through his son and Smolyansky Holding LLC, although he disclaims beneficial ownership of these shares. For comprehensive analysis of LWAY’s insider transactions and 8 additional key insights, visit InvestingPro.

In other recent news, Lifeway Foods has reported a record year for 2024, showcasing significant increases in top-line revenue, net income, and EBITDA. The company’s net sales for the full year 2024 are projected to be between $185.0 million and $186.5 million, marking a substantial rise from $160.1 million in 2023. Lifeway has also turned down an acquisition offer from Danone (EPA:DANO) North America PBC, citing that the proposal undervalues the company. The board has expressed openness to a sale but only at a valuation that reflects the company’s true worth. Additionally, Lifeway Foods is facing a hostile takeover attempt by Danone, which it describes as "predatory actions." In an effort to streamline operations, Lifeway has eliminated the Senior Executive Vice President of Sales position, integrating its responsibilities into the internal sales team. The company is also addressing public misstatements made by two individuals associated with it, emphasizing its commitment to accurate and reliable communications. These developments highlight Lifeway Foods’ ongoing strategic initiatives and challenges as it continues to navigate the competitive landscape.

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