SharkNinja, Inc. $SN Shares Purchased by Pinpoint Asset Management Singapore Pte. Ltd.

Pinpoint Asset Management Singapore Pte. Ltd. increased its stake in shares of SharkNinja, Inc. (NYSE:SN) by 108.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,961 shares of the company’s stock after purchasing an additional 4,667 shares during the quarter. Pinpoint Asset Management Singapore Pte. Ltd.’s holdings in SharkNinja were worth $1,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SN. Larson Financial Group LLC grew its stake in SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after purchasing an additional 126 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in SharkNinja during the 4th quarter worth $38,000. Sunbelt Securities Inc. acquired a new position in SharkNinja during the 3rd quarter worth $46,000. Quarry LP acquired a new position in SharkNinja during the 3rd quarter worth $59,000. Finally, GAMMA Investing LLC grew its stake in SharkNinja by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after purchasing an additional 110 shares in the last quarter. 34.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Oppenheimer lifted their price target on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Canaccord Genuity Group lifted 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. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $150.00.

Insider Transactions at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of the business’s 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 transaction, the chief financial officer owned 1,750 shares in the company, valued at $197,697.50. The trade was a 79.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 40.80% of the stock is owned by company insiders.

SharkNinja Stock Performance

Shares of SN stock opened at $133.73 on Friday. The stock has a market capitalization of $18.93 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 1.82 and a beta of 1.34. SharkNinja, Inc. has a 52-week low of $80.69 and a 52-week high of $138.00. The stock’s 50-day moving average price is $115.27 and its 200 day moving average price is $114.78. 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 issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities research analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current year.

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.