Suja Life (NASDAQ:SUJA) Major Shareholder Schwartz Food Chain Fund Paine Acquires 108,440 Shares

Key Points

• Major shareholder Schwartz Food Chain Fund Paine purchased 108,440 Suja Life shares for approximately $660,400, increasing its stake by 1.26% to 8.71 million shares. It also bought additional shares in transactions on August 10 and 12.
• Suja Life shares closed at $5.87, near the company’s 52-week low of $5.59 and well below its 50-day moving average of $10.01. The company reported quarterly EPS of $0.33 and revenue of $107.06 million.
• Analyst sentiment remains mixed but leans positive, with a consensus “Moderate Buy” rating and an average price target of $26.67; recent ratings ranged from Buy and Outperform to Sell.

Suja Life, Inc. (NASDAQ:SUJA - Get Free Report) major shareholder Schwartz Food Chain Fund Paine bought 108,440 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $6.09 per share, with a total value of $660,399.60. Following the acquisition, the insider owned 8,708,585 shares in the company, valued at approximately $53,035,282.65. This represents a 1.26% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more 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 stock was bought at an average cost of $6.13 per share, for a total transaction of $686,124.77.
• On Monday, August 10th, Schwartz Food Chain Fund Paine purchased 111,929 shares of Suja Life stock. The shares were bought at an average price of $6.43 per share, for a total transaction of $719,703.47.

Suja Life Price Performance

SUJA traded down $0.01 on Wednesday, reaching $5.87. The company had a trading volume of 2,153,751 shares, compared to its average volume of 565,778. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. Suja Life, Inc. has a 1 year low of $5.59 and a 1 year high of $18.48. The stock's 50-day simple moving average is $10.01.

Suja Life (NASDAQ:SUJA - Get Free Report) last posted its earnings results on Tuesday, June 9th. The company reported $0.33 EPS for the quarter. The firm had revenue of $107.06 million for the quarter. As a group, sell-side analysts anticipate that Suja Life, Inc. will post 0.1 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SUJA. Jefferies Financial Group started 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. Evercore began coverage on shares of Suja Life in a research note on Monday, June 1st. They set an "outperform" rating and a $24.00 price target for the company. William Blair downgraded shares of Suja Life from an "outperform" rating to a "market perform" rating in a research report on Wednesday, August 5th. Weiss Ratings assumed coverage on shares of Suja Life in a research note on Wednesday, August 5th. They issued a "sell (e-)" rating on the stock. Finally, Zacks Research upgraded shares of Suja Life to a "hold" rating in a research note on Tuesday, June 2nd. One 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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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