Schwartz Food Chain Fund Paine Acquires 233,624 Shares of Suja Life (NASDAQ:SUJA) Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 233,624 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of $8.84 per share, with a total value of $2,065,236.16. Following the transaction, the insider owned 10,210,381 shares of the company’s stock, valued at $90,259,768.04. This represents a 2.34% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares 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 stock was bought at an average cost of $7.63 per share, for a total transaction 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 bought 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 bought 175,185 shares of Suja Life stock. The shares were bought 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 shares were bought 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 purchased 111,929 shares of Suja Life stock. The stock was bought 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 purchased 108,440 shares of Suja Life stock. The shares were bought at an average cost of $6.09 per share, for a total transaction of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The shares were bought at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Trading Up 3.1%

Shares of Suja Life stock traded up $0.28 on Tuesday, reaching $9.33. 743,862 shares of the company were exchanged, compared to its average volume of 988,862. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86. Suja Life, Inc. has a one year low of $5.59 and a one year high of $18.48. The firm’s 50-day moving average is $9.11.

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 the consensus estimate of $0.20 by ($0.34). The company had revenue of $83.86 million for the quarter. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. Equities research analysts predict 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 position in Suja Life stock. Readystate Asset Management LP purchased a new stake in Suja Life, Inc. (NASDAQ:SUJA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Jefferies Financial Group began coverage on Suja Life in a research report on Monday, June 1st. They set a “buy” rating and a $25.00 price target on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Evercore assumed coverage on Suja Life in a report on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective for the company. Finally, Weiss Ratings started coverage on shares of Suja Life in a research report on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Suja Life 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.