Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $2,240,454.16 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 233,624 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were bought at an average cost of $9.59 per share, for a total transaction of $2,240,454.16. Following the transaction, the insider owned 10,677,629 shares in the company, valued at approximately $102,398,462.11. The trade was a 2.24% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major 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 Friday, August 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The stock was purchased at an average cost of $9.33 per share, for a total transaction of $1,726,050.00.
• On Monday, August 24th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The shares were purchased at an average price of $8.84 per share, for a total transaction of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine purchased 189,300 shares of Suja Life stock. The stock was acquired at an average price 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 acquired at an average price 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 acquired at an average price of $6.49 per share, with a total value of $1,136,950.65.
• On Friday, August 14th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired at an average price of $6.43 per share, with a total value of $719,703.47.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were bought 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 purchased 108,440 shares of Suja Life stock. The stock was bought at an average price 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 stock was bought at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Price Performance

SUJA stock opened at $9.37 on Monday. Suja Life, Inc. has a 12 month low of $5.59 and a 12 month high of $18.48. The business has a 50-day moving average of $9.11. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86.

Suja Life (NASDAQ:SUJA) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.34). The business had revenue of $83.86 million for the quarter. Suja Life’s revenue was up 11.2% compared to the same quarter last year. As a group, sell-side analysts predict that Suja Life, Inc. will post 0.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SUJA shares. Weiss Ratings began coverage on Suja Life in a report on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Jefferies Financial Group assumed coverage on Suja Life in a research report on Monday, June 1st. They set a “buy” rating and a $25.00 target price for the company. Evercore began coverage on Suja Life in a report on Monday, June 1st. They issued an “outperform” rating and a $24.00 target price for the company. Finally, Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.67.

Institutional Investors Weigh In On Suja Life

An institutional investor recently bought a new stake in Suja Life stock. Readystate Asset Management LP acquired a new stake in shares of Suja Life, Inc. (NASDAQ:SUJA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned 0.08% of Suja Life as of its most recent SEC filing.

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.