Schwartz Food Chain Fund Paine Buys 233,624 Shares of Suja Life (NASDAQ:SUJA) Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 233,624 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average price of $9.59 per share, for a total transaction of $2,240,454.16. Following the purchase, the insider owned 10,677,629 shares of the company’s stock, valued at $102,398,462.11. The trade was a 2.24% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 Friday, August 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The stock was purchased at an average cost 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 price 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 cost 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 cost of $6.73 per share, for a total transaction of $1,273,989.00.
• On Monday, August 17th, Schwartz Food Chain Fund Paine purchased 175,185 shares of Suja Life stock. The shares were purchased 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 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 acquired 108,440 shares of Suja Life stock. The shares were 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 acquired 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 4.1%

Shares of NASDAQ:SUJA opened at $9.37 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 stock’s 50-day simple moving average is $9.11. Suja Life, Inc. has a twelve month low of $5.59 and a twelve month high of $18.48.

Suja Life (NASDAQ:SUJA) last posted its quarterly earnings results 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 firm had revenue of $83.86 million for the quarter. Suja Life’s quarterly revenue was up 11.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Suja Life

A hedge fund recently bought a new stake in Suja Life stock. Readystate Asset Management LP acquired a new stake in shares of Suja Life, Inc. (NASDAQ:SUJA) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned approximately 0.08% of Suja Life as of its most recent filing with the SEC.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings initiated coverage on Suja Life in a research report on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. Zacks Research upgraded Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Evercore began coverage on Suja Life in a research note on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective 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, Jefferies Financial Group initiated coverage on Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.