Regal Partners Ltd Takes Position in SharkNinja, Inc. $SN

Regal Partners Ltd purchased a new stake in shares of SharkNinja, Inc. (NYSE:SN) during the first quarter, HoldingsChannel reports. The fund purchased 4,184 shares of the company’s stock, valued at approximately $443,000.

Several other hedge funds have also recently made changes to their positions in SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in SharkNinja during the first quarter worth approximately $27,000. Larson Financial Group LLC increased its position in shares of SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after purchasing an additional 248 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in SharkNinja during the 4th quarter valued at $38,000. Finally, Sunbelt Securities Inc. bought a new stake in SharkNinja in the third quarter worth $46,000. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Trading Up 4.3%

NYSE SN opened at $159.82 on Wednesday. The company’s 50-day moving average price is $137.52 and its 200-day moving average price is $123.30. 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 $22.62 billion, a PE ratio of 32.22, a PEG ratio of 2.01 and a beta of 1.22. SharkNinja, Inc. has a 12 month low of $83.12 and a 12 month high of $159.99.

SharkNinja (NYSE:SN) last posted its quarterly 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 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 the consensus estimate of $1.38 billion. During the same quarter last year, the firm posted $0.87 EPS. The firm’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. Equities research analysts forecast that SharkNinja, Inc. will post 5.77 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America boosted their price objective on shares of SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research report on Wednesday, July 8th. Guggenheim raised their price objective on shares of SharkNinja from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. TD Cowen upped their target price on SharkNinja from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. increased their price target on SharkNinja from $146.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $164.80.

Insider Activity at SharkNinja

In other 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 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 trade represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 40.80% of the company’s stock.

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.