Suja Life (NASDAQ:SUJA) Major Shareholder Acquires $495,000.00 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 50,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was purchased at an average cost of $9.90 per share, for a total transaction of $495,000.00. Following the completion of the transaction, the insider owned 11,921,253 shares in the company, valued at approximately $118,020,404.70. The trade was a 0.42% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 Thursday, September 3rd, Schwartz Food Chain Fund Paine purchased 125,000 shares of Suja Life stock. The shares were purchased at an average price of $10.57 per share, with a total value of $1,321,250.00.
• On Wednesday, September 2nd, Schwartz Food Chain Fund Paine purchased 175,000 shares of Suja Life stock. The shares were purchased at an average price of $10.26 per share, with a total value of $1,795,500.00.
• On Monday, August 31st, Schwartz Food Chain Fund Paine purchased 175,000 shares of Suja Life stock. The stock was purchased at an average cost of $10.10 per share, with a total value of $1,767,500.00.
• On Friday, August 28th, Schwartz Food Chain Fund Paine acquired 185,000 shares of Suja Life stock. The stock was purchased at an average price of $9.33 per share, for a total transaction of $1,726,050.00.
• On Wednesday, August 26th, Schwartz Food Chain Fund Paine acquired 233,624 shares of Suja Life stock. The shares were acquired at an average cost of $9.59 per share, for a total transaction of $2,240,454.16.
• On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The stock was acquired at an average price of $8.84 per share, with a total value of $2,065,236.16.
• On Thursday, August 20th, Schwartz Food Chain Fund Paine bought 189,300 shares of Suja Life stock. The stock was acquired at an average price of $7.63 per share, with a total value 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 cost of $6.73 per share, with a total value of $1,273,989.00.
• On Monday, August 17th, Schwartz Food Chain Fund Paine purchased 175,185 shares of Suja Life stock. The shares were acquired 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 acquired at an average price of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Stock Performance

Suja Life stock opened at $9.18 on Friday. 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, Inc. has a 1-year low of $5.59 and a 1-year high of $18.48. The firm’s fifty day simple moving average is $9.09.

Suja Life (NASDAQ:SUJA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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% on a year-over-year basis. On average, research analysts predict that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Suja Life stock. Citadel Advisors LLC acquired a new stake in shares of Suja Life, Inc. (NASDAQ:SUJA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 816,348 shares of the company’s stock, valued at approximately $8,294,000. Citadel Advisors LLC owned about 2.11% of Suja Life as of its most recent filing with the Securities & Exchange Commission.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SUJA. Evercore initiated coverage on Suja Life in a research note on Monday, June 1st. They set an “outperform” rating and a $24.00 price target for the company. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. Zacks Research raised Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Weiss Ratings assumed coverage on shares of Suja Life in a research report on Wednesday, August 5th. They issued 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 assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Suja Life presently has a consensus rating of “Moderate Buy” and an average 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.