Suja Life (NASDAQ:SUJA) Major Shareholder Buys 185,000 Shares of Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 185,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was bought at an average price of $9.33 per share, for a total transaction of $1,726,050.00. Following the transaction, the insider directly owned 11,096,253 shares of the company’s stock, valued at approximately $103,528,040.49. This represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Schwartz Food Chain Fund Paine also recently made the following trade(s):

• On Wednesday, August 26th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The shares were bought at an average price of $9.59 per share, with a total value of $2,240,454.16.
• On Monday, August 24th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The stock was purchased 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 purchased at an average price 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 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 acquired 175,185 shares of Suja Life stock. The shares were purchased 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 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 bought 111,929 shares of Suja Life stock. The stock was purchased at an average price of $6.13 per share, with a total value of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine purchased 108,440 shares of Suja Life stock. The shares were purchased 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 shares were purchased at an average price of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Stock Performance

Shares of Suja Life stock traded up $0.37 on Friday, hitting $9.37. The stock had a trading volume of 1,147,398 shares, compared to its average volume of 524,916. The company has a 50 day moving average of $9.11. Suja Life, Inc. has a twelve month low of $5.59 and a twelve month high of $18.48. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96.

Suja Life (NASDAQ:SUJA) last posted 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 company had revenue of $83.86 million for the quarter. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, equities research 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 position in Suja Life stock. Readystate Asset Management LP purchased a new stake in shares of Suja Life, Inc. (NASDAQ:SUJA) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned about 0.08% of Suja Life at the end of the most recent quarter.

Analysts Set New Price Targets

SUJA has been the topic of a number of recent research reports. Weiss Ratings started coverage on shares of Suja Life in a report on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Evercore assumed coverage on Suja Life in a report on Monday, June 1st. They set an “outperform” rating and a $24.00 target price on the stock. Zacks Research upgraded Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group assumed coverage on Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Suja Life currently has a consensus rating of “Moderate Buy” and an average price target 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.