14,513 Shares in SharkNinja, Inc. $SN Acquired by Wasatch Advisors LP

Wasatch Advisors LP purchased a new position in SharkNinja, Inc. (NYSE:SN) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,513 shares of the company’s stock, valued at approximately $1,537,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its position in SharkNinja by 5.2% in the 3rd quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock valued at $200,000 after purchasing an additional 96 shares during the period. Utah Retirement Systems increased its stake in SharkNinja by 2.3% during the 4th quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock valued at $494,000 after purchasing an additional 98 shares in the last quarter. Xponance LLC raised its holdings in SharkNinja by 1.9% during the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock worth $625,000 after buying an additional 106 shares during the last quarter. GAMMA Investing LLC raised its holdings in SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after buying an additional 110 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in SharkNinja by 16.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 864 shares of the company’s stock worth $97,000 after buying an additional 123 shares during the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction dated 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 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 40.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. National Bank Financial set a $145.00 target price on shares of SharkNinja in a report on Tuesday, March 17th. Canaccord Genuity Group raised their price target on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $150.00.

SharkNinja Price Performance

Shares of NYSE:SN opened at $145.29 on Friday. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The stock has a market cap of $20.56 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 1.95 and a beta of 1.34. The stock’s fifty day simple moving average is $120.80 and its two-hundred day simple moving average is $117.51. SharkNinja, Inc. has a 1-year low of $83.12 and a 1-year high of $145.88.

SharkNinja (NYSE:SN) last posted its 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 net margin of 10.70% and a return on equity of 29.07%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the business posted $0.87 EPS. The business’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, analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current fiscal 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.