Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Purchases 111,929 Shares of Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 111,929 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was purchased at an average cost of $6.43 per share, with a total value of $719,703.47. Following the completion of the acquisition, the insider directly owned 9,044,372 shares of the company’s stock, valued at approximately $58,155,311.96. This trade represents a 1.25% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major 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 Monday, August 17th, Schwartz Food Chain Fund Paine bought 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 Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired 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 stock was acquired 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 stock was acquired at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Trading Up 2.6%

SUJA stock opened at $6.65 on Tuesday. The firm has a fifty day simple moving average of $9.55. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86. 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) earnings per share (EPS) for the quarter, missing the consensus estimate 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% compared to the same quarter last year. Analysts forecast that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

SUJA has been the subject of several recent research reports. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 5th. Evercore assumed coverage on Suja Life in a research note on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective for the company. Zacks Research raised Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Suja Life in a research report on Wednesday, August 5th. Finally, Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Suja Life presently has a consensus rating of “Moderate Buy” and an average target price 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.