Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $1,795,500.00 in Stock

Suja Life, Inc. (NASDAQ:SUJAGet Free Report) major shareholder Schwartz Food Chain Fund Paine acquired 175,000 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average cost of $10.26 per share, with a total value of $1,795,500.00. Following the completion of the transaction, the insider owned 11,621,253 shares of the company’s stock, valued at approximately $119,234,055.78. This represents a 1.53% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more 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 Monday, August 31st, Schwartz Food Chain Fund Paine bought 175,000 shares of Suja Life stock. The shares were 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 stock was purchased 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 purchased 233,624 shares of Suja Life stock. The stock was purchased 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 shares were 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 stock was 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 stock was purchased 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 acquired 111,929 shares of Suja Life stock. The stock was purchased 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 acquired 111,929 shares of Suja Life stock. The shares were purchased at an average cost 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 shares were purchased at an average price of $6.09 per share, with a total value of $660,399.60.

Suja Life Price Performance

NASDAQ:SUJA opened at $10.51 on Friday. The company has a fifty day simple moving average of $9.15. 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 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) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The business had revenue of $83.86 million during the quarter. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. As a group, equities research analysts predict that Suja Life, Inc. will post 0.1 EPS for the current year.

Institutional Investors Weigh In On Suja Life

A hedge fund recently bought a new stake in Suja Life stock. Readystate Asset Management LP purchased a new stake in Suja Life, Inc. (NASDAQ:SUJAFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. 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 reporting period.

Wall Street Analysts Forecast Growth

SUJA has been the subject of several recent analyst reports. Zacks Research upgraded Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. Weiss Ratings started coverage on shares of Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. Evercore initiated 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 for the company. Finally, Wall Street Zen cut shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $26.67.

View Our Latest Analysis on SUJA

About Suja Life

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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.

Further Reading

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

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