Raiffeisen Bank International AG increased its holdings in SharkNinja, Inc. (NYSE:SN – Free Report) by 33.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 80,000 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Raiffeisen Bank International AG’s holdings in SharkNinja were worth $9,095,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of SN. Allworth Financial LP grew its holdings in shares of SharkNinja by 5.2% during the third 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. Xponance LLC lifted its position in SharkNinja by 1.9% during the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock valued at $625,000 after purchasing an additional 106 shares during the period. GAMMA Investing LLC lifted its position in SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after purchasing an additional 110 shares during the period. EverSource Wealth Advisors LLC lifted its position in SharkNinja by 16.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 864 shares of the company’s stock valued at $97,000 after purchasing an additional 123 shares during the period. Finally, Larson Financial Group LLC lifted its position in SharkNinja by 64.3% during the third 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 period. Institutional investors own 34.77% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on SN. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Piper Sandler began coverage on shares of SharkNinja in a research report on Tuesday. They set an “overweight” rating and a $150.00 target price for the company. Oppenheimer boosted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Morgan Stanley set a $128.00 target price on shares of SharkNinja in a research report on Thursday, February 12th. Finally, National Bank Financial set a $145.00 target price on shares of SharkNinja in a research report on Tuesday, March 17th. 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.
Insider Buying and Selling at SharkNinja
In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 40.80% of the company’s stock.
SharkNinja Trading Up 5.8%
Shares of SharkNinja stock opened at $135.62 on Friday. The firm has a 50-day simple moving average of $114.73 and a two-hundred day simple moving average of $114.64. The company has a market cap of $19.19 billion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 1.72 and a beta of 1.34. SharkNinja, Inc. has a fifty-two week low of $80.69 and a fifty-two week high of $136.61. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38.
SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.41 billion during 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 was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities analysts predict that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.
SharkNinja 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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