Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $1,136,950.65 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 175,185 shares of Suja Life stock in a transaction dated Monday, August 17th. The stock was bought at an average price of $6.49 per share, with a total value of $1,136,950.65. Following the completion of the purchase, the insider directly owned 9,219,557 shares in the company, valued at $59,834,924.93. This represents a 1.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock 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 14th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were bought 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 bought at an average price of $6.13 per share, with a total value of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine acquired 108,440 shares of Suja Life stock. The stock was acquired at an average price of $6.09 per share, for a total transaction of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Trading Up 2.6%

SUJA traded up $0.17 during trading on Monday, reaching $6.65. 897,910 shares of the company traded hands, compared to its average volume of 466,696. The business’s fifty day simple moving average is $9.71. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48. 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 (NASDAQ:SUJA) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.14) earnings per share (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 firm’s quarterly revenue was up 11.2% on a year-over-year basis. On average, equities analysts expect that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SUJA. Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Zacks Research raised shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. Jefferies Financial Group began coverage on shares of Suja Life in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 target price for the company. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a research report on Wednesday, August 5th. Finally, Evercore initiated coverage on shares of Suja Life in a research note on Monday, June 1st. They set an “outperform” rating and a $24.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Suja Life 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.