Cooper Creek Partners Management LLC Sells 17,813 Shares of SharkNinja, Inc. $SN

Cooper Creek Partners Management LLC lessened its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 12.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 125,493 shares of the company’s stock after selling 17,813 shares during the period. Cooper Creek Partners Management LLC’s holdings in SharkNinja were worth $13,290,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP grew its holdings in SharkNinja by 5.2% in the 3rd quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock valued at $200,000 after buying an additional 96 shares during the last quarter. Utah Retirement Systems lifted its holdings in shares of SharkNinja by 2.3% during the fourth quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock worth $494,000 after buying an additional 98 shares during the last quarter. World Investment Advisors boosted its position in shares of SharkNinja by 4.6% in the first quarter. World Investment Advisors now owns 2,343 shares of the company’s stock valued at $248,000 after acquiring an additional 103 shares during the period. Xponance LLC boosted its position in shares of SharkNinja by 1.9% in the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock valued at $625,000 after acquiring an additional 106 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after acquiring an additional 110 shares during the last quarter. Institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SN shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. raised their price target on shares of SharkNinja from $146.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Oppenheimer boosted their price objective on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $161.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, SharkNinja has a consensus rating of “Moderate Buy” and a consensus price target of $164.80.

SharkNinja Stock Performance

Shares of NYSE SN opened at $148.69 on Friday. The business has a fifty day simple moving average of $135.43 and a 200 day simple moving average of $122.68. 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 firm has a market capitalization of $21.04 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 1.95 and a beta of 1.22. SharkNinja, Inc. has a one year low of $83.12 and a one year high of $156.87.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share 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 business’s revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Sell-side analysts expect that SharkNinja, Inc. will post 5.77 EPS for the current year.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 40.80% of the company’s stock.

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.