SharkNinja, Inc. $SN Shares Acquired by Altshuler Shaham Ltd

Altshuler Shaham Ltd grew its stake in SharkNinja, Inc. (NYSE:SN) by 466.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 41,631 shares of the company’s stock after purchasing an additional 34,278 shares during the period. Altshuler Shaham Ltd’s holdings in SharkNinja were worth $4,659,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SN. Parsifal Capital Management LP acquired a new stake in shares of SharkNinja in the 3rd quarter valued at about $111,773,000. Munro Partners raised its stake in shares of SharkNinja by 2,371.9% in the 4th quarter. Munro Partners now owns 784,586 shares of the company’s stock valued at $87,795,000 after purchasing an additional 752,846 shares in the last quarter. Morgan Stanley raised its stake in shares of SharkNinja by 191.3% in the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after purchasing an additional 709,494 shares in the last quarter. Evercore Wealth Management LLC acquired a new stake in shares of SharkNinja in the 4th quarter valued at about $60,164,000. Finally, Disciplined Growth Investors Inc. MN acquired a new stake in shares of SharkNinja in the 2nd quarter valued at about $46,048,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

Insider Activity at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 40.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SN shares. Piper Sandler started coverage on shares of SharkNinja in a research note on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price objective on the stock. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Canaccord Genuity Group increased their price objective on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

SharkNinja Price Performance

Shares of NYSE:SN opened at $133.81 on Thursday. The firm’s 50 day moving average is $116.99 and its two-hundred day moving average is $115.79. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $139.58. The firm has a market capitalization of $18.94 billion, a P/E ratio of 26.98, a PEG ratio of 1.83 and a beta of 1.34. The company has a current ratio of 2.38, a quick ratio of 1.62 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 EPS for the quarter, beating the consensus estimate of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business earned $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. Analysts anticipate that SharkNinja, Inc. will post 5.74 earnings per share 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.