Versor Investments LP decreased its position in shares of SharkNinja, Inc. (NYSE:SN – Free Report) by 84.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,905 shares of the company’s stock after selling 16,016 shares during the quarter. Versor Investments LP’s holdings in SharkNinja were worth $325,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Larson Financial Group LLC boosted its holdings 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 acquiring an additional 126 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja during the 3rd quarter valued at $46,000. GAMMA Investing LLC boosted its holdings in shares of SharkNinja by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after acquiring an additional 110 shares in the last quarter. Quarry LP acquired a new stake in shares of SharkNinja during the 3rd quarter valued at $59,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of SharkNinja by 2,071.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock valued at $69,000 after acquiring an additional 663 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Canaccord Genuity Group raised their price objective on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. National Bank Financial set a $145.00 price objective on SharkNinja in a research report on Tuesday, March 17th. Finally, Oppenheimer upped their target price on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $150.00.
SharkNinja Stock Down 0.9%
Shares of NYSE SN opened at $105.74 on Friday. The company has a market capitalization of $14.96 billion, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 1.43 and a beta of 1.37. SharkNinja, Inc. has a 52-week low of $80.69 and a 52-week high of $133.99. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The company’s 50 day moving average price is $109.83 and its 200-day moving average price is $110.66.
SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts forecast that SharkNinja, Inc. will post 5.74 earnings per share for the current year.
Insider Activity
In other news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.12% of the stock is owned by corporate insiders.
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.
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