Aurora Investment Counsel grew its holdings in SharkNinja, Inc. (NYSE:SN – Free Report) by 35.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,275 shares of the company’s stock after acquiring an additional 4,215 shares during the quarter. Aurora Investment Counsel’s holdings in SharkNinja were worth $1,821,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of SN. Larson Financial Group LLC increased its holdings in shares of SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after acquiring an additional 248 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of SharkNinja in the fourth quarter worth about $38,000. Sunbelt Securities Inc. bought a new stake in shares of SharkNinja in the third quarter worth about $46,000. Finally, Quarry LP bought a new stake in shares of SharkNinja in the third quarter worth about $59,000. 34.77% of the stock is currently owned by institutional investors.
SharkNinja Stock Down 1.4%
SN stock opened at $133.73 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The stock has a market capitalization of $18.93 billion, a P/E ratio of 26.96, a P/E/G ratio of 1.80 and a beta of 1.34. The business has a 50-day moving average of $115.27 and a 200-day moving average of $114.78. SharkNinja, Inc. has a fifty-two week low of $80.69 and a fifty-two week high of $138.00.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. Canaccord Genuity Group increased their price target on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Finally, Piper Sandler assumed coverage on SharkNinja in a report on Tuesday. They issued an “overweight” rating and a $150.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $150.00.
Insider Buying and Selling at SharkNinja
In other news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 40.80% of the stock is owned by corporate insiders.
SharkNinja 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.
Further Reading
- Five stocks we like better than SharkNinja
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for SharkNinja Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharkNinja and related companies with MarketBeat.com's FREE daily email newsletter.
