SharkNinja, Inc. $SN Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC grew its holdings in shares of SharkNinja, Inc. (NYSE:SNFree Report) by 38.8% during the first quarter, HoldingsChannel reports. The firm owned 69,643 shares of the company’s stock after purchasing an additional 19,485 shares during the quarter. Lazard Asset Management LLC’s holdings in SharkNinja were worth $7,375,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Wealth High Governance Capital Ltda bought a new position in SharkNinja in the fourth quarter valued at approximately $17,072,000. Strs Ohio raised its stake in shares of SharkNinja by 23.8% during the 4th quarter. Strs Ohio now owns 201,795 shares of the company’s stock worth $22,581,000 after purchasing an additional 38,815 shares in the last quarter. Nicholas Company Inc. boosted its holdings in shares of SharkNinja by 30.3% in the 4th quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock valued at $12,985,000 after buying an additional 26,962 shares during the last quarter. Reynders McVeigh Capital Management LLC boosted its holdings in shares of SharkNinja by 218.1% in the 4th quarter. Reynders McVeigh Capital Management LLC now owns 117,150 shares of the company’s stock valued at $13,109,000 after buying an additional 80,325 shares during the last quarter. Finally, K.J. Harrison & Partners Inc bought a new position in shares of SharkNinja in the fourth quarter valued at $1,231,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Price Performance

SharkNinja stock opened at $163.73 on Friday. SharkNinja, Inc. has a 12 month low of $83.12 and a 12 month high of $163.93. The stock’s 50 day moving average is $139.60 and its 200-day moving average is $123.86. 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 company has a market capitalization of $23.17 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.08 and a beta of 1.22.

SharkNinja (NYSE:SNGet Free Report) last released its quarterly 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 business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the firm posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities research analysts expect that SharkNinja, Inc. will post 5.77 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the sale, the chief financial officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 40.80% of the stock is owned by insiders.

Analyst Ratings Changes

SN has been the topic of several analyst reports. Piper Sandler upped their price target on shares of SharkNinja from $150.00 to $181.00 and gave the stock an “overweight” rating in a research report on Wednesday. Bank of America lifted 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. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. TD Cowen upped their target price on shares of SharkNinja from $145.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Oppenheimer raised their target price on shares of SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $167.90.

Check Out Our Latest Report on SN

SharkNinja Profile

(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.

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Institutional Ownership by Quarter for SharkNinja (NYSE:SN)

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