Suja Life (NASDAQ:SUJA) Major Shareholder Purchases 111,929 Shares of Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 111,929 shares of Suja Life stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $6.43 per share, with a total value of $719,703.47. Following the transaction, the insider directly owned 8,600,145 shares in the company, valued at approximately $55,298,932.35. This trade represents a 1.32% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large 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 Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The stock was bought at an average price of $6.13 per share, for a total transaction of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine acquired 108,440 shares of Suja Life stock. The stock was purchased at an average cost of $6.09 per share, for a total transaction of $660,399.60.

Suja Life Trading Down 0.2%

NASDAQ:SUJA traded down $0.01 during mid-day trading on Wednesday, hitting $5.87. The stock had a trading volume of 2,153,751 shares, compared to its average volume of 565,778. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $10.01. Suja Life, Inc. has a 52 week low of $5.59 and a 52 week high of $18.48.

Suja Life (NASDAQ:SUJA) last posted its earnings results on Tuesday, June 9th. The company reported $0.33 EPS for the quarter. The firm had revenue of $107.06 million during the quarter. Sell-side analysts anticipate that Suja Life, Inc. will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

SUJA has been the topic of several recent analyst reports. Zacks Research raised Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. Wall Street Zen cut Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Weiss Ratings began coverage on Suja Life in a report on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. Jefferies Financial Group began coverage on shares of Suja Life in a research note on Monday, June 1st. They set a “buy” rating and a $25.00 price objective on the stock. Finally, Evercore began coverage on shares of Suja Life in a report 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 given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.