SharkNinja (NYSE:SN) CFO Adam Quigley Sells 6,923 Shares

SharkNinja, Inc. (NYSE:SN) CFO Adam Quigley sold 6,923 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Adam Quigley also recently made the following trade(s):

• On Wednesday, March 4th, Adam Quigley sold 2,620 shares of SharkNinja stock. The stock was sold at an average price of $114.36, for a total value of $299,623.20.

SharkNinja Trading Up 1.0%

Shares of SN stock traded up $1.07 during mid-day trading on Tuesday, reaching $108.56. 2,036,703 shares of the stock traded hands, compared to its average volume of 1,752,838. The company has a market cap of $15.36 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 1.49 and a beta of 1.37. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The stock’s fifty day simple moving average is $110.83 and its two-hundred day simple moving average is $110.46. SharkNinja, Inc. has a 1-year low of $80.69 and a 1-year high of $133.99.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business earned $0.87 EPS. The firm’s quarterly revenue was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, research analysts anticipate that SharkNinja, Inc. will post 5.77 EPS for the current fiscal year.

Institutional Trading of SharkNinja

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of SharkNinja during the first quarter valued at approximately $27,000. Geneos Wealth Management Inc. bought a new position in shares of SharkNinja in the 3rd quarter worth $29,000. Transamerica Financial Advisors LLC grew its position in SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after purchasing an additional 248 shares during the period. Larson Financial Group LLC increased its stake in SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of SharkNinja in the fourth quarter valued at $38,000. 34.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Guggenheim raised their price objective on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. upped their target price on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. National Bank Financial set a $145.00 target price on SharkNinja in a report on Tuesday, March 17th. Oppenheimer boosted their price target on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, Bank of America raised their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

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.