Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Buys $1,321,250.00 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 125,000 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was purchased at an average cost of $10.57 per share, for a total transaction of $1,321,250.00. Following the completion of the acquisition, the insider owned 11,746,253 shares in the company, valued at approximately $124,157,894.21. This trade represents a 1.08% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 Tuesday, September 8th, Schwartz Food Chain Fund Paine bought 50,000 shares of Suja Life stock. The stock was purchased at an average price of $9.90 per share, with a total value of $495,000.00.
• On Wednesday, September 2nd, Schwartz Food Chain Fund Paine purchased 175,000 shares of Suja Life stock. The shares were purchased at an average cost of $10.26 per share, with a total value of $1,795,500.00.
• On Monday, August 31st, Schwartz Food Chain Fund Paine purchased 175,000 shares of Suja Life stock. The shares were purchased at an average price of $10.10 per share, for a total transaction of $1,767,500.00.
• On Friday, August 28th, Schwartz Food Chain Fund Paine acquired 185,000 shares of Suja Life stock. The stock was purchased at an average cost of $9.33 per share, for a total transaction of $1,726,050.00.
• On Wednesday, August 26th, Schwartz Food Chain Fund Paine acquired 233,624 shares of Suja Life stock. The stock was purchased at an average cost of $9.59 per share, for a total transaction of $2,240,454.16.
• On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The shares were acquired at an average price of $8.84 per share, with a total value of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine purchased 189,300 shares of Suja Life stock. The stock was acquired 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 acquired at an average cost 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 shares were acquired at an average price 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 acquired at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Trading Down 0.9%

Suja Life stock opened at $9.18 on Friday. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The company has a 50-day simple moving average of $9.09.

Suja Life (NASDAQ:SUJA) last issued 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 business had revenue of $83.86 million during the quarter. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. As a group, equities research analysts forecast that Suja Life, Inc. will post 0.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SUJA. Zacks Research upgraded shares of Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings started coverage on shares of Suja Life in a research note on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. Evercore started coverage on Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 price target for the company. Finally, 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. One equities research 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’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Suja Life stock. Citadel Advisors LLC acquired a new stake in Suja Life, Inc. (NASDAQ:SUJA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 816,348 shares of the company’s stock, valued at approximately $8,294,000. Citadel Advisors LLC owned about 2.11% of Suja Life at the end of the most recent reporting period.

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.