Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $686,124.77 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine purchased 111,929 shares of the stock in a transaction on Wednesday, August 12th. The stock was bought at an average cost of $6.13 per share, for a total transaction of $686,124.77. Following the completion of the acquisition, the insider owned 8,820,514 shares in the company, valued at approximately $54,069,750.82. This trade represents a 1.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Tuesday, August 11th, Schwartz Food Chain Fund Paine acquired 108,440 shares of Suja Life stock. The shares were bought 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 acquired 111,929 shares of Suja Life stock. The shares were purchased at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Stock Performance

Shares of NASDAQ:SUJA opened at $6.48 on Friday. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48. The stock’s 50 day moving average price is $9.71. 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 (NASDAQ:SUJA) last announced its earnings results on Tuesday, June 9th. The company reported $0.33 earnings per share for the quarter. The firm had revenue of $107.06 million for the quarter. As a group, analysts expect that Suja Life, Inc. will post 0.1 EPS for the current year.

Analysts Set New Price Targets

SUJA has been the topic of a number of research reports. Jefferies Financial Group initiated coverage on Suja Life in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 price objective on the stock. Weiss Ratings began coverage on shares of Suja Life in a research report on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, Evercore started coverage on shares of Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 price objective for the company. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Suja Life has a consensus rating of “Moderate Buy” and a consensus target price 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.