Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Purchases 189,300 Shares of Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 189,300 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was acquired at an average price of $7.63 per share, for a total transaction of $1,444,359.00. Following the acquisition, the insider directly owned 9,787,457 shares in the company, valued at $74,678,296.91. This trade represents a 1.97% increase in their ownership of the stock. The acquisition 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 Tuesday, August 18th, Schwartz Food Chain Fund Paine purchased 189,300 shares of Suja Life stock. The stock was 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 purchased 175,185 shares of Suja Life stock. The shares were bought 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 shares were 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 acquired 111,929 shares of Suja Life stock. The stock was bought 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 stock was bought at an average price 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 stock was bought at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Trading Up 1.5%

Shares of NASDAQ:SUJA traded up $0.11 during trading on Thursday, reaching $7.50. 679,994 shares of the company traded hands, compared to its average volume of 486,697. The company has a fifty day simple moving average of $9.29. Suja Life, Inc. has a 1-year low of $5.59 and a 1-year high of $18.48. 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 (NASDAQ:SUJA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The firm had revenue of $83.86 million for the quarter. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, equities analysts expect that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Suja Life News Summary

Here are the key news stories impacting Suja Life this week:

• Positive Sentiment: Major shareholder increases stake: Schwartz Food Chain Fund Paine purchased a combined 378,600 shares on August 18 and August 20 at average prices of $6.73 and $7.63, respectively. The purchases increased the fund’s ownership to nearly 9.8 million shares and may signal confidence in Suja Life’s long-term prospects. SEC insider ownership filing
• Positive Sentiment: Refinancing lowers borrowing costs: Suja Life announced an amended and restated credit agreement that reduces its borrowing spread and cost of capital. The change could improve cash flow and financial flexibility, although the company remains exposed to its existing debt obligations. Amended and restated credit agreement
• Neutral Sentiment: Stock remains volatile: SUJA recently traded near $7.50, compared with a 12-month range of $5.59 to $18.48. Its latest quarterly report showed revenue growth of 11.2% year over year, but earnings missed analyst expectations, adding uncertainty around profitability.
• Negative Sentiment: Multiple law firms are investigating: Rosen Law Firm, Glancy Prongay Wolke & Rotter, Howard G. Smith, Robbins LLP, Frank R. Cruz and Hagens Berman announced or reiterated investigations into potential securities-law violations, including allegations that Suja Life may have made misleading statements about its business, distribution channels and IPO disclosures. These announcements increase headline, litigation and potential financial risks for shareholders. Rosen investigation Hagens Berman investigation

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SUJA shares. Zacks Research raised Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group initiated coverage on Suja Life in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 price objective on the stock. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Suja Life in a research report on Wednesday, August 5th. Wall Street Zen cut shares of Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus 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.