Thornburg Investment Management Inc. Boosts Stake in SharkNinja, Inc. $SN

Posted by Brian Himes on Jun 15th, 2026

Thornburg Investment Management Inc. lifted its stake in SharkNinja, Inc. (NYSE:SN – Free Report) by 12.7% in the 4th quarter, HoldingsChannel reports. The firm owned 188,960 shares of the company’s stock after acquiring an additional 21,273 shares during the period. Thornburg Investment Management Inc.’s holdings in SharkNinja were worth $21,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Waratah Capital Advisors Ltd. increased its stake in shares of SharkNinja by 84.1% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock worth $31,578,000 after purchasing an additional 139,858 shares in the last quarter. Wealth High Governance Capital Ltda purchased a new stake in shares of SharkNinja in the 4th quarter worth $17,072,000. Dorsal Capital Management LP increased its stake in shares of SharkNinja by 14.7% in the 3rd quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock worth $100,571,000 after purchasing an additional 125,000 shares in the last quarter. Magnetar Financial LLC purchased a new stake in shares of SharkNinja in the 3rd quarter worth $2,859,000. Finally, Alliancebernstein L.P. increased its stake in shares of SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after purchasing an additional 176,104 shares in the last quarter. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the 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 owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 40.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. JPMorgan Chase & Co. upped their target price on shares of SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Piper Sandler started coverage on shares of SharkNinja in a report on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 target price for the company. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, National Bank Financial set a $145.00 target price on shares of SharkNinja in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $150.00.

Get Our Latest Stock Analysis on SharkNinja

SharkNinja Trading Down 0.1%

Shares of SharkNinja stock opened at $133.73 on Monday. The company has a market capitalization of $18.93 billion, a P/E ratio of 26.96, a P/E/G ratio of 1.80 and a beta of 1.35. 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 has a fifty day moving average of $115.27 and a 200 day moving average of $114.97. SharkNinja, Inc. has a fifty-two week low of $80.69 and a fifty-two week high of $138.00.

SharkNinja (NYSE:SN – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The company 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%. SharkNinja’s quarterly 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 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, sell-side analysts anticipate that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

About SharkNinja

(Free Report)

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.