Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Acquires 185,000 Shares of Stock

Suja Life, Inc. (NASDAQ:SUJAGet Free Report) major shareholder Schwartz Food Chain Fund Paine purchased 185,000 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of $9.33 per share, for a total transaction of $1,726,050.00. Following the completion of the purchase, the insider directly owned 11,096,253 shares in the company, valued at $103,528,040.49. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Wednesday, August 26th, Schwartz Food Chain Fund Paine acquired 233,624 shares of Suja Life stock. The shares were purchased at an average cost of $9.59 per share, for a total transaction 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 purchased at an average price of $8.84 per share, for a total transaction 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 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 purchased 189,300 shares of Suja Life stock. The shares were acquired 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 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 acquired 111,929 shares of Suja Life stock. The stock was acquired 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 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 bought 108,440 shares of Suja Life stock. The stock was acquired at an average price of $6.09 per share, with a total value of $660,399.60.
  • On Monday, August 10th, Schwartz Food Chain Fund Paine bought 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 Price Performance

Shares of NASDAQ:SUJA opened at $9.37 on Friday. The stock has a 50-day simple 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, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48.

Suja Life (NASDAQ:SUJAGet Free Report) last posted its quarterly 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 business had revenue of $83.86 million during the quarter. The firm’s revenue was up 11.2% on a year-over-year basis. Analysts expect that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Suja Life

A hedge fund recently bought a new position in Suja Life stock. Readystate Asset Management LP acquired a new position in Suja Life, Inc. (NASDAQ:SUJAFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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

SUJA has been the subject of a number of recent analyst reports. Evercore initiated 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. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Zacks Research upgraded shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. Jefferies Financial Group initiated coverage on shares of Suja Life in a research note on Monday, June 1st. They set a “buy” rating and a $25.00 price objective for the company. Finally, Weiss Ratings initiated coverage on Suja Life in a report on Wednesday, August 5th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Suja Life has a consensus rating of “Moderate Buy” and a consensus price target of $26.67.

View Our Latest Stock Report on Suja Life

About Suja Life

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Suja Life (NASDAQ:SUJA)

Receive News & Ratings for Suja Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suja Life and related companies with MarketBeat.com's FREE daily email newsletter.