Capula Management Ltd Makes New Investment in SharkNinja, Inc. $SN

Capula Management Ltd purchased a new stake in shares of SharkNinja, Inc. (NYSE:SN) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 59,973 shares of the company’s stock, valued at approximately $6,351,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parsifal Capital Management LP bought a new position in SharkNinja in the 3rd quarter valued at approximately $111,773,000. Munro Partners grew its holdings in SharkNinja by 2,371.9% during the 4th quarter. Munro Partners now owns 784,586 shares of the company’s stock worth $87,795,000 after acquiring an additional 752,846 shares during the last quarter. Morgan Stanley increased its position in 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 acquiring an additional 709,494 shares during the period. Evercore Wealth Management LLC acquired a new position in shares of SharkNinja during the fourth quarter worth $60,164,000. Finally, Disciplined Growth Investors Inc. MN acquired a new position in shares of SharkNinja during the second quarter worth $46,048,000. 34.77% of the stock is currently owned by institutional investors.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction 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 completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 40.80% of the stock is currently owned by company insiders.

SharkNinja Stock Performance

SN stock opened at $146.22 on Friday. The firm has a market cap of $20.69 billion, a PE ratio of 29.48, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22. 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 50-day moving average price of $134.58 and a 200-day moving average price of $122.49. SharkNinja, Inc. has a 1-year low of $83.12 and a 1-year high of $156.87.

SharkNinja (NYSE:SN) last released its earnings results 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 return on equity of 29.07% and a net margin of 10.70%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the firm posted $0.87 earnings per share. The firm’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. As a group, equities research analysts expect that SharkNinja, Inc. will post 5.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SN. TD Cowen increased their price objective on SharkNinja from $145.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Piper Sandler assumed coverage on SharkNinja in a report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 target price on the stock. JPMorgan Chase & Co. upped their price target on SharkNinja from $146.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Canaccord Genuity Group increased their price target on SharkNinja from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Guggenheim raised their price objective on SharkNinja from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $164.80.

About SharkNinja

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.