Suja Life (NASDAQ:SUJA) Major Shareholder Buys $719,703.47 in Stock

Key Points

• Major shareholder Schwartz Food Chain Fund Paine bought 111,929 Suja Life shares for $719,703 at an average price of $6.43, increasing its direct ownership to 8.6 million shares valued at approximately $55.3 million.
• The shareholder also purchased roughly $1.35 million of additional SUJA stock in two other recent transactions, while the shares traded down 0.2% to $5.87 and remained near their one-year low.
• Analyst sentiment is mixed, but Suja Life retains a consensus “Moderate Buy” rating with an average price target of $26.67; the company most recently reported quarterly EPS of $0.33 on revenue of $107.06 million.

Suja Life, Inc. (NASDAQ:SUJA - Get Free Report) major shareholder Schwartz Food Chain Fund Paine bought 111,929 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of $6.43 per share, with a total value of $719,703.47. Following the completion of the purchase, the insider directly owned 8,600,145 shares of the company's stock, valued at approximately $55,298,932.35. This represents a 1.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

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

• On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired 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 purchased 108,440 shares of Suja Life stock. The stock was acquired at an average price of $6.09 per share, for a total transaction of $660,399.60.

Suja Life Trading Down 0.2%

SUJA traded down $0.01 on Wednesday, reaching $5.87. The company's stock had a trading volume of 2,153,751 shares, compared to its average volume of 565,778. Suja Life, Inc. has a 1 year low of $5.59 and a 1 year high of $18.48. The firm has a 50 day moving average of $10.01. 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 (NASDAQ:SUJA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $107.06 million for the quarter. Sell-side analysts forecast that Suja Life, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SUJA has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Suja Life to a "hold" rating in a research note on Tuesday, June 2nd. Weiss Ratings began coverage on shares of Suja Life in a research report on Wednesday, August 5th. They issued a "sell (e-)" rating for the company. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Suja Life in a research report on Wednesday, August 5th. William Blair downgraded Suja Life from an "outperform" rating to a "market perform" rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen cut Suja Life from a "hold" rating to a "sell" rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Suja Life currently has a consensus rating of "Moderate Buy" and an average 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.

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