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

by · The Markets Daily

Suja Life, Inc. (NASDAQ:SUJA – Get Free Report) major shareholder Schwartz Food Chain Fund Paine acquired 175,000 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average cost of $10.26 per share, with a total value of $1,795,500.00. Following the completion of the transaction, the insider owned 11,621,253 shares in the company, valued at approximately $119,234,055.78. This represents a 1.53% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large 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 Monday, August 31st, Schwartz Food Chain Fund Paine bought 175,000 shares of Suja Life stock. The stock was bought at an average cost of $10.10 per share, for a total transaction of $1,767,500.00.
  • On Friday, August 28th, Schwartz Food Chain Fund Paine acquired 185,000 shares of Suja Life stock. The shares were purchased at an average cost 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 purchased at an average cost of $9.59 per share, for a total transaction of $2,240,454.16.
  • On Monday, August 24th, Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock. The stock was acquired at an average cost 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 acquired at an average price of $7.63 per share, for a total transaction 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 acquired at an average cost 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 acquired 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 purchased 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.
  • On Wednesday, August 12th, Schwartz Food Chain Fund Paine purchased 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 shares were bought at an average cost of $6.09 per share, with a total value of $660,399.60.

Suja Life Stock Down 2.0%

SUJA opened at $10.22 on Thursday. Suja Life, Inc. has a 52 week low of $5.59 and a 52 week high of $18.48. The firm’s 50 day moving average is $9.14. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86.

Suja Life (NASDAQ:SUJA – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The firm had revenue of $83.86 million during the quarter. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. As a group, equities analysts expect that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on SUJA shares. Evercore began coverage on shares of Suja Life in a research report on Monday, June 1st. They set an “outperform” rating and a $24.00 price objective for the company. Weiss Ratings assumed coverage on shares of Suja Life in a research note on Wednesday, August 5th. They set a “sell (e-)” rating on the stock. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Jefferies Financial Group started coverage on Suja Life in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 price objective on the stock. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a research report on Wednesday, August 5th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Check Out Our Latest Analysis on SUJA

Institutional Trading of Suja Life

A hedge fund recently bought a new stake in Suja Life stock. Readystate Asset Management LP purchased a new position in shares of Suja Life, Inc. (NASDAQ:SUJA – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned approximately 0.08% of Suja Life at the end of the most recent reporting period.

About Suja Life

(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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