Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Buys 50,000 Shares of Stock

by · The Cerbat Gem

Suja Life, Inc. (NASDAQ:SUJA – Get Free Report) major shareholder Schwartz Food Chain Fund Paine bought 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average price of $9.90 per share, for a total transaction of $495,000.00. Following the completion of the purchase, the insider owned 11,921,253 shares in the company, valued at $118,020,404.70. The trade was a 0.42% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 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 bought 125,000 shares of Suja Life stock. The shares were acquired at an average cost of $10.57 per share, for a total transaction of $1,321,250.00.
  • On Wednesday, September 2nd, Schwartz Food Chain Fund Paine purchased 175,000 shares of Suja Life stock. The stock was acquired 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 acquired 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 purchased 185,000 shares of Suja Life stock. The shares were acquired 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 purchased 233,624 shares of Suja Life stock. The shares were acquired at an average price of $9.59 per share, for a total transaction of $2,240,454.16.
  • On Monday, August 24th, Schwartz Food Chain Fund Paine acquired 233,624 shares of Suja Life stock. The shares were bought 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 acquired 189,300 shares of Suja Life stock. The stock was bought at an average cost 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 bought at an average price of $6.73 per share, with a total value 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 bought at an average cost of $6.49 per share, for a total transaction 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 bought at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Trading Down 5.9%

Suja Life stock traded down $0.62 during mid-day trading on Tuesday, reaching $9.89. 459,175 shares of the company traded hands, compared to its average volume of 948,060. The company has a fifty day moving average price of $9.15. Suja Life, Inc. has a fifty-two week low of $5.59 and a fifty-two week high of $18.48. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.34). The firm had revenue of $83.86 million for the quarter. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Analysts predict that Suja Life, Inc. will post 0.1 EPS for the current year.

Hedge Funds Weigh In On Suja Life

A hedge fund recently bought a new stake in Suja Life stock. Citadel Advisors LLC bought a new position in Suja Life, Inc. (NASDAQ:SUJA – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 SEC filing.

Analysts Set New Price Targets

SUJA has been the topic of several research analyst reports. The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Weiss Ratings assumed coverage on Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. Evercore assumed coverage on Suja Life in a report on Monday, June 1st. They set an “outperform” rating and a $24.00 target price 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. Finally, Zacks Research upgraded shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.67.

View Our Latest Stock Analysis on Suja Life

Suja Life Company Profile

(Get Free Report)

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.

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