Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Buys $719,703.47 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock in a transaction on Monday, August 10th. The stock was acquired at an average cost of $6.43 per share, with a total value of $719,703.47. Following the acquisition, the insider owned 8,600,145 shares in the company, valued at approximately $55,298,932.35. This represents a 1.32% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 12th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The stock was acquired 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 acquired at an average cost of $6.09 per share, for a total transaction of $660,399.60.

Suja Life Stock Up 2.4%

Shares of NASDAQ:SUJA opened at $6.48 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.53. Suja Life, Inc. has a 1 year low of $5.59 and a 1 year high of $18.48. The firm’s fifty day simple moving average is $9.71.

Suja Life (NASDAQ:SUJA) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.33 EPS for the quarter. The business had revenue of $107.06 million during the quarter. On average, analysts forecast that Suja Life, Inc. will post 0.1 EPS for the current year.

Analyst Ratings Changes

SUJA has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group started coverage on shares of Suja Life in a report on Monday, June 1st. They set a “buy” rating and a $25.00 price objective for the company. Evercore assumed coverage on shares of Suja Life in a research report on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective on the stock. William Blair cut shares of Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. One 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.