Insider Buying: Suja Life (NASDAQ:SUJA) Major Shareholder Acquires $719,703.47 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine bought 111,929 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average price of $6.43 per share, with a total value of $719,703.47. Following the completion of the transaction, the insider directly owned 9,044,372 shares of the company’s stock, valued at $58,155,311.96. This represents a 1.25% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Schwartz Food Chain Fund Paine also recently made the following trade(s):

• On Monday, August 17th, Schwartz Food Chain Fund Paine bought 175,185 shares of Suja Life stock. The stock was purchased at an average cost of $6.49 per share, for a total transaction of $1,136,950.65.
• On Wednesday, August 12th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The shares were purchased 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 purchased 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 acquired 111,929 shares of Suja Life stock. The stock was purchased at an average price of $6.43 per share, with a total value of $719,703.47.

Suja Life Trading Up 10.1%

SUJA opened at $7.39 on Thursday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. The business has a 50-day moving average price of $9.29. Suja Life, Inc. has a 12-month low of $5.59 and a 12-month high of $18.48.

Suja Life (NASDAQ:SUJA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The company had revenue of $83.86 million during the quarter. The company’s revenue was up 11.2% compared to the same quarter last year. On average, research analysts anticipate that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SUJA. Evercore assumed 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. Wall Street Zen lowered shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. William Blair cut shares of Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Jefferies Financial Group began coverage on shares of Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price target for the company. Finally, Weiss Ratings assumed coverage on shares of Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. One 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 given a Sell rating to the company. According to MarketBeat.com, Suja Life has an average rating of “Moderate Buy” and a consensus 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.