Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Buys 233,624 Shares of 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 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 acquisition, the insider owned 10,210,381 shares of the company’s stock, valued at $90,259,768.04. The trade was a 2.34% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Thursday, August 20th, Schwartz Food Chain Fund Paine bought 189,300 shares of Suja Life stock. The shares were acquired 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 bought 189,300 shares of Suja Life stock. The shares were acquired 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 stock was acquired 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 purchased 111,929 shares of Suja Life stock. The stock was acquired at an average price of $6.43 per share, for a total transaction of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The shares were acquired 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, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine acquired 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 Stock Up 3.1%

Shares of Suja Life stock opened at $9.33 on Wednesday. Suja Life, Inc. has a one year low of $5.59 and a one year high of $18.48. The business has a fifty day moving average of $9.11. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86.

Suja Life (NASDAQ:SUJA) last released 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 business had revenue of $83.86 million during the quarter. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, equities analysts expect that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Institutional Trading of Suja Life

An institutional investor 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) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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 SEC filing.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Wall Street Zen downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Evercore began coverage on shares of Suja Life in a report on Monday, June 1st. They issued an “outperform” rating and a $24.00 target price for the company. Jefferies Financial Group began coverage on Suja Life in a report on Monday, June 1st. They set a “buy” rating and a $25.00 price target on the stock. Finally, Zacks Research raised Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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.