Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Buys $1,767,500.00 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 175,000 shares of the company’s stock in a transaction on Monday, August 31st. The shares were bought at an average price of $10.10 per share, with a total value of $1,767,500.00. Following the completion of the purchase, the insider directly owned 11,271,253 shares of the company’s stock, valued at approximately $113,839,655.30. This represents a 1.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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, September 2nd, Schwartz Food Chain Fund Paine bought 175,000 shares of Suja Life stock. The stock was purchased at an average price of $10.26 per share, for a total transaction of $1,795,500.00.
• On Friday, August 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The shares were purchased at an average price of $9.33 per share, with a total value of $1,726,050.00.
• On Wednesday, August 26th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The shares were purchased 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 acquired 233,624 shares of Suja Life stock. The shares were purchased at an average cost of $8.84 per share, for a total transaction of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine acquired 189,300 shares of Suja Life stock. The shares were purchased at an average cost of $7.63 per share, with a total value of $1,444,359.00.
• On Tuesday, August 18th, Schwartz Food Chain Fund Paine bought 189,300 shares of Suja Life stock. The stock was purchased at an average price of $6.73 per share, with a total value of $1,273,989.00.
• On Monday, August 17th, Schwartz Food Chain Fund Paine purchased 175,185 shares of Suja Life stock. The shares were acquired at an average price of $6.49 per share, for a total transaction of $1,136,950.65.
• On Friday, August 14th, Schwartz Food Chain Fund Paine acquired 111,929 shares of Suja Life stock. The stock was acquired 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 acquired 111,929 shares of Suja Life stock. The stock was acquired 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 shares were acquired at an average price of $6.09 per share, for a total transaction of $660,399.60.

Suja Life Stock Up 3.1%

Suja Life stock opened at $10.51 on Friday. The firm has a 50-day simple moving average of $9.15. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48.

Suja Life (NASDAQ:SUJA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The business had revenue of $83.86 million for the quarter. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. Sell-side analysts anticipate that Suja Life, Inc. will post 0.1 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Suja Life stock. Readystate Asset Management LP bought a new stake in Suja Life, Inc. (NASDAQ:SUJA) during the 2nd quarter, according to the company in its most recent disclosure 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 about 0.08% of Suja Life at the end of the most recent quarter.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SUJA shares. The Goldman Sachs Group reissued a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. Jefferies Financial Group assumed coverage on Suja Life in a report on Monday, June 1st. They set a “buy” rating and a $25.00 price objective on the stock. Zacks Research upgraded Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Wall Street Zen cut Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings started coverage on Suja Life in a research report on Wednesday, August 5th. They set a “sell (e-)” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Suja Life has an average rating of “Moderate Buy” and a consensus target price 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.