Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $2,240,454.16 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 233,624 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average cost of $9.59 per share, with a total value of $2,240,454.16. Following the transaction, the insider directly owned 10,677,629 shares in the company, valued at $102,398,462.11. This trade represents a 2.24% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large 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 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The stock was bought at an average price of $9.33 per share, with a total value of $1,726,050.00.
• On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The stock was 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 purchased 189,300 shares of Suja Life stock. The shares were purchased at an average price 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 shares were 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 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 stock was purchased at an average cost 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 purchased at an average price 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 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 bought 111,929 shares of Suja Life stock. The shares were purchased at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Stock Performance

Suja Life stock traded up $0.37 during midday trading on Friday, reaching $9.37. 1,147,398 shares of the stock traded hands, compared to its average volume of 524,916. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. The business has a 50-day simple moving average of $9.11. 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 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 business’s revenue was up 11.2% on a year-over-year basis. As a group, sell-side analysts forecast that Suja Life, Inc. will post 0.1 earnings per share for the current year.

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 Suja Life, Inc. (NASDAQ:SUJA) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned about 0.08% of Suja Life as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

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

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.