Suja Life (NASDAQ:SUJA) Major Shareholder Purchases $660,399.60 in Stock

Suja Life, Inc. (NASDAQ:SUJA) major shareholder Schwartz Food Chain Fund Paine purchased 108,440 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $6.09 per share, with a total value of $660,399.60. Following the completion of the purchase, the insider owned 8,708,585 shares of the company’s stock, valued at $53,035,282.65. The trade was a 1.26% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed 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 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, with a total value of $686,124.77.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 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.

Suja Life Stock Up 2.4%

NASDAQ:SUJA opened at $6.48 on Friday. 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. The business has a 50 day moving average price of $9.71.

Suja Life (NASDAQ:SUJA) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $107.06 million for the quarter. Analysts expect that Suja Life, Inc. will post 0.1 EPS for the current year.

Analyst Upgrades and Downgrades

SUJA has been the topic of a number of recent research reports. Zacks Research raised shares of Suja Life to a “hold” rating in a research note on Tuesday, June 2nd. William Blair cut shares of Suja Life from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 5th. Evercore assumed coverage on shares of Suja Life in a report on Monday, June 1st. They issued an “outperform” rating and a $24.00 target price on the stock. Jefferies Financial Group initiated 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 downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.