Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Buys 233,624 Shares

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine purchased 233,624 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $9.59 per share, for a total transaction of $2,240,454.16. Following the completion of the purchase, the insider directly owned 10,677,629 shares of the company’s stock, valued at $102,398,462.11. This represents a 2.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, August 28th, Schwartz Food Chain Fund Paine purchased 185,000 shares of Suja Life stock. The shares were acquired at an average price of $9.33 per share, for a total transaction of $1,726,050.00.
• On Monday, August 24th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The shares were acquired 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 stock was acquired 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 acquired 189,300 shares of Suja Life stock. The stock was acquired 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 bought 175,185 shares of Suja Life stock. The shares were acquired at an average cost of $6.49 per share, for a total transaction of $1,136,950.65.
• On Friday, August 14th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired at an average price of $6.43 per share, for a total transaction of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The stock was acquired at an average cost of $6.13 per share, with a total value of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine purchased 108,440 shares of Suja Life stock. The stock was acquired at an average cost of $6.09 per share, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 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.

Suja Life Trading Up 4.1%

Shares of NASDAQ SUJA opened at $9.37 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.53. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48. The company has a fifty day moving average of $9.11.

Suja Life (NASDAQ:SUJA) last released its earnings results on Tuesday, August 4th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.34). The company had revenue of $83.86 million during the quarter. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, research analysts forecast that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

SUJA has been the topic of a number of research reports. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Zacks Research raised shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. William Blair cut shares of Suja Life from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 5th. Weiss Ratings initiated coverage on shares of Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating on the stock. Finally, Jefferies Financial Group initiated coverage on shares of Suja Life in a research note on Monday, June 1st. They set a “buy” rating and a $25.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Suja Life has a consensus rating of “Moderate Buy” and an average target price of $26.67.

Institutional Trading of Suja Life

An institutional investor recently bought a new position in Suja Life stock. Readystate Asset Management LP purchased a new position in shares of Suja Life, Inc. (NASDAQ:SUJA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned approximately 0.08% of Suja Life as of its most recent SEC filing.

About Suja Life

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.