SG Americas Securities LLC Sells 30,161 Shares of SharkNinja, Inc. $SN

SG Americas Securities LLC trimmed its position in SharkNinja, Inc. (NYSE:SN) by 93.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,192 shares of the company’s stock after selling 30,161 shares during the quarter. SG Americas Securities LLC’s holdings in SharkNinja were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its holdings in shares of SharkNinja by 29.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 394,505 shares of the company’s stock valued at $41,778,000 after acquiring an additional 89,350 shares in the last quarter. Corient Private Wealth LLC grew its holdings in SharkNinja by 17.5% during the 4th quarter. Corient Private Wealth LLC now owns 3,122 shares of the company’s stock worth $349,000 after acquiring an additional 466 shares in the last quarter. FACT Capital LP bought a new position in SharkNinja during the 4th quarter worth about $2,459,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in SharkNinja by 14.4% during the 4th quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,020 shares of the company’s stock valued at $1,121,000 after purchasing an additional 1,260 shares during the period. Finally, River Road Asset Management LLC increased its position in SharkNinja by 49.9% during the 4th quarter. River Road Asset Management LLC now owns 88,347 shares of the company’s stock valued at $9,886,000 after purchasing an additional 29,428 shares during the period. Institutional investors own 34.77% of the company’s stock.

Insider Transactions at SharkNinja

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 directly owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 40.80% of the company’s stock.

SharkNinja Stock Up 2.6%

Shares of SN stock traded up $3.81 during mid-day trading on Friday, hitting $152.62. 973,997 shares of the stock traded hands, compared to its average volume of 1,360,704. SharkNinja, Inc. has a 52-week low of $83.12 and a 52-week high of $154.04. The stock has a market cap of $21.60 billion, a P/E ratio of 30.77, a P/E/G ratio of 2.05 and a beta of 1.22. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The stock’s fifty day moving average is $127.50 and its two-hundred day moving average is $120.11.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 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 previous year, the business posted $0.87 EPS. SharkNinja’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. Equities analysts predict that SharkNinja, Inc. will post 5.74 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on SN shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a research report on Wednesday. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. increased 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. Finally, Guggenheim lifted their price target on SharkNinja from $145.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 6th. 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.00.

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.