Suja Life (NASDAQ:SUJA) Major Shareholder Acquires $1,136,950.65 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 175,185 shares of Suja Life stock in a transaction dated Monday, August 17th. The shares were purchased at an average price of $6.49 per share, with a total value of $1,136,950.65. Following the acquisition, the insider owned 9,219,557 shares of the company’s stock, valued at approximately $59,834,924.93. This trade represents a 1.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 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 Friday, August 14th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The stock was purchased at an average cost of $6.43 per share, for a total transaction of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were purchased at an average price of $6.13 per share, for a total transaction of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine purchased 108,440 shares of Suja Life stock. The shares were purchased at an average cost of $6.09 per share, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The stock was purchased at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Stock Up 10.1%

Shares of NASDAQ SUJA opened at $7.39 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The firm has a fifty day moving average price of $9.29. Suja Life, Inc. has a one year low of $5.59 and a one year high of $18.48.

Suja Life (NASDAQ:SUJA) last posted its quarterly earnings data 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 business had revenue of $83.86 million during the quarter. The company’s quarterly revenue was up 11.2% on a year-over-year basis. Equities research analysts expect that Suja Life, Inc. will post 0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SUJA. Wall Street Zen cut shares of Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Zacks Research upgraded shares of Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings assumed coverage on shares of Suja Life in a report on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. Jefferies Financial Group began coverage on shares of Suja Life in a research report on Monday, June 1st. They issued a “buy” rating and a $25.00 price target for the company. Finally, Evercore began coverage on Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 price target for the company. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Suja Life has a consensus 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.