Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Buys 50,000 Shares

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine purchased 50,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average cost of $9.90 per share, for a total transaction of $495,000.00. Following the completion of the purchase, the insider directly owned 11,921,253 shares of the company’s stock, valued at approximately $118,020,404.70. The trade was a 0.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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, September 3rd, Schwartz Food Chain Fund Paine acquired 125,000 shares of Suja Life stock. The stock was purchased at an average cost of $10.57 per share, with a total value of $1,321,250.00.
• On Wednesday, September 2nd, Schwartz Food Chain Fund Paine acquired 175,000 shares of Suja Life stock. The stock was purchased at an average cost of $10.26 per share, with a total value of $1,795,500.00.
• On Monday, August 31st, Schwartz Food Chain Fund Paine acquired 175,000 shares of Suja Life stock. The stock was purchased at an average price of $10.10 per share, for a total transaction of $1,767,500.00.
• On Friday, August 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The shares were acquired at an average cost of $9.33 per share, for a total transaction of $1,726,050.00.
• On Wednesday, August 26th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The shares were acquired at an average cost of $9.59 per share, with a total value of $2,240,454.16.
• On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The shares were acquired at an average cost of $8.84 per share, with a total value of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine bought 189,300 shares of Suja Life stock. The stock was 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 stock was acquired at an average price 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 cost 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 shares were acquired at an average price of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Stock Down 5.9%

Shares of NASDAQ SUJA opened at $9.89 on Wednesday. Suja Life, Inc. has a 12-month low of $5.59 and a 12-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. The company’s 50-day simple moving average is $9.15.

Suja Life (NASDAQ:SUJA) last released its 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 business had revenue of $83.86 million for the quarter. The firm’s revenue was up 11.2% compared to the same quarter last year. As a group, research analysts forecast that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Institutional Trading of Suja Life

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SUJA shares. Zacks Research upgraded Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings started coverage on Suja Life in a report on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. Evercore started coverage on Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 target price for the company. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Suja Life in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.