Rock Creek Group LP Has $2.24 Million Stock Position in SharkNinja, Inc. $SN

Rock Creek Group LP increased its stake in SharkNinja, Inc. (NYSE:SN) by 100.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,000 shares of the company’s stock after acquiring an additional 10,000 shares during the quarter. SharkNinja comprises 0.2% of Rock Creek Group LP’s holdings, making the stock its 28th largest holding. Rock Creek Group LP’s holdings in SharkNinja were worth $2,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SN. Larson Financial Group LLC lifted its stake 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 during the period. Sunbelt Securities Inc. acquired a new position in shares of SharkNinja in the third quarter worth approximately $46,000. Quarry LP acquired a new position in shares of SharkNinja in the third quarter worth approximately $59,000. GAMMA Investing LLC lifted its stake in shares of SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after acquiring an additional 110 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of SharkNinja by 2,071.9% in the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after acquiring an additional 663 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Trading Up 2.3%

NYSE SN opened at $122.22 on Friday. The company has a market cap of $17.30 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 1.60 and a beta of 1.37. SharkNinja, Inc. has a 52 week low of $80.69 and a 52 week high of $133.99. The business has a 50 day moving average price of $110.96 and a 200-day moving average price of $112.23. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. SharkNinja’s revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities analysts expect that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the transaction, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 11.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Canaccord Genuity Group lifted their price objective on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Oppenheimer lifted their price objective on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Finally, Morgan Stanley set a $128.00 target price on SharkNinja in a report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

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.