AXQ Capital LP Takes $1.68 Million Position in SharkNinja, Inc. $SN

AXQ Capital LP bought a new stake in SharkNinja, Inc. (NYSE:SN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,032 shares of the company’s stock, valued at approximately $1,682,000.

A number of other institutional investors and hedge funds 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 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 during the period. Sunbelt Securities Inc. bought a new position in SharkNinja during the 3rd quarter valued at approximately $46,000. Quarry LP bought a new position in SharkNinja during the 3rd quarter valued at approximately $59,000. GAMMA Investing LLC increased its position in SharkNinja by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after buying an additional 110 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in 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. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Insider Activity

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the sale, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 11.12% of the company’s stock.

SharkNinja Price Performance

Shares of SharkNinja stock opened at $122.36 on Tuesday. The stock’s 50-day simple moving average is $111.37 and its 200-day simple moving average is $112.57. SharkNinja, Inc. has a 52 week low of $80.69 and a 52 week high of $133.99. The company has a market capitalization of $17.32 billion, a price-to-earnings ratio of 24.67, a PEG ratio of 1.64 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.

SharkNinja (NYSE:SN) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the business earned $0.87 earnings per share. The business’s revenue was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, analysts expect that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. National Bank Financial set a $145.00 target price on SharkNinja in a report on Tuesday, March 17th. Morgan Stanley set a $128.00 target price on SharkNinja in a report on Thursday, February 12th. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Canaccord Genuity Group lifted their target price on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. lifted 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. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.