Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $2,065,236.16 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine purchased 233,624 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of $8.84 per share, for a total transaction of $2,065,236.16. Following the completion of the acquisition, the insider owned 10,210,381 shares in the company, valued at $90,259,768.04. This represents a 2.34% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Large 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 Thursday, August 20th, Schwartz Food Chain Fund Paine acquired 189,300 shares of Suja Life stock. The shares were bought 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 shares were bought 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 bought at an average price 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 stock was bought at an average cost of $6.43 per share, for a total transaction of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The stock was bought at an average cost 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 bought at an average price of $6.09 per share, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were bought at an average cost of $6.43 per share, with a total value of $719,703.47.

Suja Life Stock Down 4.7%

SUJA opened at $9.00 on Friday. 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 company’s fifty day moving average is $9.11. Suja Life, Inc. has a fifty-two week low of $5.59 and a fifty-two week high of $18.48.

Suja Life (NASDAQ:SUJA) last announced its quarterly 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 for the quarter. The firm’s revenue was up 11.2% on a year-over-year basis. Sell-side analysts predict that Suja Life, Inc. will post 0.1 earnings per share for the current year.

Hedge Funds Weigh In On Suja Life

An institutional investor recently bought a new stake in Suja Life stock. Readystate Asset Management LP bought a new position in Suja Life, Inc. (NASDAQ:SUJA) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 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.

Analysts Set New Price Targets

A number of research firms recently commented on SUJA. William Blair downgraded Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. 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 target for the company. Weiss Ratings initiated coverage on Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating on the stock. Wall Street Zen cut Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Evercore began coverage on Suja Life in a report on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company 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.