Suja Life (NASDAQ:SUJA) Major Shareholder Buys $1,726,050.00 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 185,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of $9.33 per share, for a total transaction of $1,726,050.00. Following the acquisition, the insider directly owned 11,096,253 shares of the company’s stock, valued at $103,528,040.49. The trade was a 1.70% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Schwartz Food Chain Fund Paine also recently made the following trade(s):

• On Wednesday, August 26th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The stock was bought at an average cost of $9.59 per share, with a total value of $2,240,454.16.
• On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The shares were bought at an average price of $8.84 per share, with a total value of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine purchased 189,300 shares of Suja Life stock. The shares were purchased at an average cost of $7.63 per share, for a total transaction of $1,444,359.00.
• On Tuesday, August 18th, Schwartz Food Chain Fund Paine purchased 189,300 shares of Suja Life stock. The stock was purchased at an average price of $6.73 per share, for a total transaction of $1,273,989.00.
• On Monday, August 17th, Schwartz Food Chain Fund Paine acquired 175,185 shares of Suja Life stock. The stock was purchased at an average cost of $6.49 per share, with a total value of $1,136,950.65.
• On Friday, August 14th, Schwartz Food Chain Fund Paine acquired 111,929 shares of Suja Life stock. The shares were purchased at an average price of $6.43 per share, with a total value of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The stock was purchased at an average cost of $6.13 per share, for a total transaction of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine bought 108,440 shares of Suja Life stock. The stock was purchased at an average cost of $6.09 per share, for a total transaction of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The shares were purchased at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Stock Performance

Suja Life stock opened at $9.37 on Monday. Suja Life, Inc. has a 52-week low of $5.59 and a 52-week high of $18.48. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86. The company’s 50-day moving average price is $9.11.

Suja Life (NASDAQ:SUJA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.34). The firm had revenue of $83.86 million for the quarter. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. On average, equities research analysts expect that Suja Life, Inc. will post 0.1 EPS for the current year.

Institutional Investors Weigh In On Suja Life

A hedge fund recently bought a new position in Suja Life stock. Readystate Asset Management LP bought a new position in shares of Suja Life, Inc. (NASDAQ:SUJA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned 0.08% of Suja Life at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Zacks Research upgraded shares of Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. William Blair cut Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Evercore assumed coverage on Suja Life in a research report on Monday, June 1st. They set an “outperform” rating and a $24.00 target price on the stock. Finally, Wall Street Zen lowered Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Suja Life currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.67.

Suja Life Company Profile

Suja Life Inc operates as a holding company, through its subsidiaries, offers organic cold-pressed juices, wellness shots and functional sodas. Suja Life Inc is based in Oceanside, California.