7,177 Shares in SharkNinja, Inc. $SN Acquired by CreativeOne Wealth LLC

CreativeOne Wealth LLC acquired a new stake in SharkNinja, Inc. (NYSE:SN) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 7,177 shares of the company’s stock, valued at approximately $710,000.

A number of other hedge funds also recently made changes to their positions in the company. Ethic Inc. purchased a new stake in SharkNinja during the 2nd quarter worth $303,000. Analyst IMS Investment Management Services Ltd. grew its stake in shares of SharkNinja by 60.2% during the second quarter. Analyst IMS Investment Management Services Ltd. now owns 12,505 shares of the company’s stock valued at $1,238,000 after acquiring an additional 4,700 shares in the last quarter. Strs Ohio increased its position in shares of SharkNinja by 1,439.4% during the second quarter. Strs Ohio now owns 191,974 shares of the company’s stock worth $19,004,000 after acquiring an additional 179,503 shares during the last quarter. Encompass More Asset Management increased its position in shares of SharkNinja by 39.3% during the first quarter. Encompass More Asset Management now owns 7,836 shares of the company’s stock worth $654,000 after acquiring an additional 2,209 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of SharkNinja by 504.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 2,502 shares of the company’s stock worth $209,000 after acquiring an additional 2,088 shares in the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Performance

SharkNinja stock opened at $98.13 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.96 and a quick ratio of 1.26. SharkNinja, Inc. has a 12 month low of $60.50 and a 12 month high of $128.51. The company has a fifty day moving average price of $94.05 and a two-hundred day moving average price of $102.44. The company has a market cap of $13.85 billion, a PE ratio of 24.23, a P/E/G ratio of 1.74 and a beta of 1.51.

Analysts Set New Price Targets

SN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on SharkNinja from $131.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Oppenheimer decreased their price target on shares of SharkNinja from $135.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Guggenheim reaffirmed a “buy” rating on shares of SharkNinja in a report on Friday, August 8th. Canaccord Genuity Group raised their price objective on shares of SharkNinja from $136.00 to $138.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Finally, Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, SharkNinja currently has a consensus rating of “Moderate Buy” and an average price target of $127.57.

SharkNinja Company Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.