Schwartz Food Chain Fund Paine Acquires 111,929 Shares of Suja Life (NASDAQ:SUJA) Stock

Key Points

• Major shareholder Schwartz Food Chain Fund Paine purchased 111,929 Suja Life shares for approximately $686,125, increasing its stake by 1.29% to 8.82 million shares. The fund also made two additional purchases earlier in the week.
• Suja Life shares closed at $5.87, near their 12-month low of $5.59 and well below the 50-day moving average of $10.01. The company reported quarterly revenue of $107.06 million and earnings of $0.33 per share.
• Analyst views are mixed, ranging from “Strong Buy” to “Sell,” but MarketBeat lists a consensus “Moderate Buy” rating and a $26.67 price target.

Suja Life, Inc. (NASDAQ:SUJA - Get Free Report) major shareholder Schwartz Food Chain Fund Paine purchased 111,929 shares of the business's stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of $6.13 per share, for a total transaction of $686,124.77. Following the acquisition, the insider owned 8,820,514 shares of the company's stock, valued at approximately $54,069,750.82. This represents a 1.29% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, August 11th, Schwartz Food Chain Fund Paine acquired 108,440 shares of Suja Life stock. The shares were purchased at an average price of $6.09 per share, with a total value of $660,399.60.
• On Monday, August 10th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were purchased at an average cost of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Price Performance

Shares of SUJA traded down $0.01 during trading hours on Wednesday, reaching $5.87. The stock had a trading volume of 2,153,751 shares, compared to its average volume of 565,778. Suja Life, Inc. has a 12 month low of $5.59 and a 12 month high of $18.48. The stock's 50-day moving average is $10.01. 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 quarterly earnings data on Tuesday, June 9th. The company reported $0.33 earnings per share for the quarter. The business had revenue of $107.06 million for the quarter. Sell-side analysts anticipate 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 subject of a number of analyst reports. Evercore initiated coverage on Suja Life in a research note on Monday, June 1st. They set an "outperform" rating and a $24.00 price target for the company. Weiss Ratings started coverage on Suja Life in a research note on Wednesday, August 5th. They issued a "sell (e-)" rating for the company. William Blair lowered Suja Life from an "outperform" rating to a "market perform" rating in a report on Wednesday, August 5th. Wall Street Zen cut Suja Life from a "hold" rating to a "sell" rating in a research report on Sunday, July 12th. Finally, Jefferies Financial Group began coverage on Suja Life in a report on Monday, June 1st. They set a "buy" rating and a $25.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Suja Life presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.67.

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.

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