Citadel Advisors LLC Takes Position in Suja Life, Inc. $SUJA

Citadel Advisors LLC purchased a new position in shares of Suja Life, Inc. (NASDAQ:SUJAFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 816,348 shares of the company’s stock, valued at approximately $8,294,000. Citadel Advisors LLC owned about 2.11% of Suja Life as of its most recent SEC filing.

Separately, Readystate Asset Management LP acquired a new stake in Suja Life in the 2nd quarter worth about $305,000.

Insider Activity at Suja Life

In related news, major shareholder Schwartz Food Chain Fund Paine acquired 175,000 shares of Suja Life stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average price of $10.26 per share, for a total transaction of $1,795,500.00. Following the completion of the transaction, the insider owned 11,621,253 shares in the company, valued at $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 at this link. Insiders purchased a total of 2,000,260 shares of company stock valued at $16,235,970 over the last ninety days.

Analyst Ratings Changes

A number of equities analysts have commented on SUJA shares. William Blair cut Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Jefferies Financial Group started coverage on Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price target on the stock. Zacks Research upgraded Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Evercore started coverage on Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 price objective for the company. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Read Our Latest Analysis on Suja Life

Suja Life Price Performance

Shares of NASDAQ SUJA opened at $10.51 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48. The company’s 50-day simple moving average is $9.15.

Suja Life (NASDAQ:SUJAGet Free Report) 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.

Suja Life Profile

(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.

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