Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Acquires 175,000 Shares

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine acquired 175,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was bought at an average cost of $10.10 per share, for a total transaction of $1,767,500.00. Following the completion of the transaction, the insider directly owned 11,271,253 shares of the company’s stock, valued at approximately $113,839,655.30. This trade represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares 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, September 2nd, Schwartz Food Chain Fund Paine bought 175,000 shares of Suja Life stock. The shares were bought at an average price of $10.26 per share, with a total value of $1,795,500.00.
• On Friday, August 28th, Schwartz Food Chain Fund Paine bought 185,000 shares of Suja Life stock. The shares were bought at an average cost of $9.33 per share, with a total value of $1,726,050.00.
• On Wednesday, August 26th, Schwartz Food Chain Fund Paine purchased 233,624 shares of Suja Life stock. The stock was bought 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 purchased 233,624 shares of Suja Life stock. The stock was 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 purchased 189,300 shares of Suja Life stock. The stock was bought at an average cost of $7.63 per share, for a total transaction of $1,444,359.00.
• On Tuesday, August 18th, Schwartz Food Chain Fund Paine acquired 189,300 shares of Suja Life stock. The shares were 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 acquired 175,185 shares of Suja Life stock. The shares were bought 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 acquired 111,929 shares of Suja Life stock. The shares were purchased 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 stock was purchased at an average cost of $6.13 per share, for a total transaction of $686,124.77.
• On Tuesday, August 11th, Schwartz Food Chain Fund Paine bought 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 2.0%

Shares of NASDAQ SUJA opened at $10.22 on Thursday. The business’s 50 day moving average price is $9.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.53. Suja Life, Inc. has a 1-year low of $5.59 and a 1-year high of $18.48.

Suja Life (NASDAQ:SUJA) last released its quarterly earnings results 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 company had revenue of $83.86 million during the quarter. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. On average, sell-side analysts forecast that Suja Life, Inc. will post 0.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SUJA has been the topic of several research reports. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 5th. 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. The Goldman Sachs Group reissued a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. Jefferies Financial Group started coverage on shares of Suja Life in a research report on Monday, June 1st. They set a “buy” rating and a $25.00 target price on the stock. Finally, Wall Street Zen cut shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Hedge Funds Weigh In On Suja Life

A hedge fund recently bought a new position in Suja Life stock. Citadel Advisors LLC bought a new position in shares of Suja Life, Inc. (NASDAQ:SUJA) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 816,348 shares of the company’s stock, valued at approximately $8,294,000. Citadel Advisors LLC owned approximately 2.11% of Suja Life as of its most recent filing with the SEC.

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.