Citadel Advisors LLC Acquires New Position in Suja Life, Inc. $SUJA

Citadel Advisors LLC acquired a new position in shares of Suja Life, Inc. (NASDAQ:SUJA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 816,348 shares of the company’s stock, valued at approximately $8,294,000.

Separately, Readystate Asset Management LP acquired a new position in Suja Life in the 2nd quarter valued at about $305,000.

Wall Street Analysts Forecast Growth

SUJA has been the subject of several analyst reports. Wall Street Zen cut shares of Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Zacks Research raised shares of Suja Life to a “hold” rating in a research report on Tuesday, June 2nd. Evercore started coverage on Suja Life in a report on Monday, June 1st. They issued an “outperform” rating and a $24.00 price objective on the stock. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings initiated coverage on Suja Life in a research note on Wednesday, August 5th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $26.67.

Suja Life Price Performance

Shares of NASDAQ SUJA opened at $10.51 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.53. The firm has a 50 day moving average price of $9.15. Suja Life, Inc. has a 52-week low of $5.59 and a 52-week high of $18.48.

Suja Life (NASDAQ:SUJA) last released its quarterly earnings results 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 during the quarter. The business’s revenue was up 11.2% on a year-over-year basis. Sell-side analysts expect that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Insider Transactions at Suja Life

In other news, major shareholder Schwartz Food Chain Fund Paine bought 233,624 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average cost of $9.59 per share, for a total transaction of $2,240,454.16. Following the acquisition, the insider directly owned 10,677,629 shares of the company’s stock, valued at $102,398,462.11. The trade was a 2.24% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders bought 2,000,260 shares of company stock worth $16,235,970.

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.