SharkNinja, Inc. $SN Shares Sold by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. cut its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 12.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 167,687 shares of the company’s stock after selling 22,804 shares during the period. Thornburg Investment Management Inc.’s holdings in SharkNinja were worth $17,297,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in SharkNinja during the third quarter worth approximately $29,000. TFC Financial Management Inc. acquired a new position in shares of SharkNinja during the 3rd quarter worth approximately $55,000. EverSource Wealth Advisors LLC lifted its position in shares of SharkNinja by 2,071.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock valued at $69,000 after buying an additional 663 shares in the last quarter. CWM LLC grew its stake in SharkNinja by 656.7% in the 2nd quarter. CWM LLC now owns 787 shares of the company’s stock valued at $78,000 after acquiring an additional 683 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in SharkNinja during the third quarter worth $97,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Price Performance

NYSE:SN opened at $128.79 on Thursday. SharkNinja, Inc. has a one year low of $60.50 and a one year high of $133.99. The stock has a market cap of $18.18 billion, a PE ratio of 26.07, a P/E/G ratio of 1.71 and a beta of 1.41. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.96. The stock has a 50 day moving average price of $120.85 and a 200 day moving average price of $109.65.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. SharkNinja had a return on equity of 32.30% and a net margin of 10.96%.The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period last year, the company earned $1.40 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Equities research analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SN. Bank of America boosted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. TD Cowen reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Guggenheim boosted their price objective on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Cantor Fitzgerald reiterated an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, SharkNinja has a consensus rating of “Moderate Buy” and an average target price of $145.78.

SharkNinja Company Profile

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.