Schwartz Food Chain Fund Paine Purchases 175,185 Shares of Suja Life (NASDAQ:SUJA) Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 175,185 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was purchased at an average cost of $6.49 per share, for a total transaction of $1,136,950.65. Following the completion of the acquisition, the insider owned 9,219,557 shares in the company, valued at approximately $59,834,924.93. This represents a 1.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares 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 acquired 111,929 shares of Suja Life stock. The shares were 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 bought 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 cost of $6.09 per share, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The stock was acquired at an average cost of $6.43 per share, with a total value of $719,703.47.

Suja Life Stock Performance

SUJA stock opened at $6.71 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.53. The company has a 50-day simple moving average of $9.38. Suja Life, Inc. has a 52 week low of $5.59 and a 52 week high of $18.48.

Suja Life (NASDAQ:SUJA) last issued 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 for the quarter. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. As a group, analysts anticipate that Suja Life, Inc. will post 0.1 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. 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 began coverage on Suja Life in a research report on Monday, June 1st. They set an “outperform” rating and a $24.00 price target on the stock. Jefferies Financial Group assumed coverage on Suja Life in a research note on Monday, June 1st. They set a “buy” rating and a $25.00 price objective on the stock. Zacks Research raised Suja Life to a “hold” rating in a report on Tuesday, June 2nd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a research 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $26.67.

Suja Life Company Profile

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.