Boothe Investment Group Inc. Buys 37,327 Shares of SharkNinja, Inc. $SN

Boothe Investment Group Inc. raised its stake in SharkNinja, Inc. (NYSE:SNFree Report) by 117.9% in the 4th quarter, HoldingsChannel reports. The firm owned 68,993 shares of the company’s stock after acquiring an additional 37,327 shares during the quarter. SharkNinja makes up 2.8% of Boothe Investment Group Inc.’s portfolio, making the stock its 13th biggest position. Boothe Investment Group Inc.’s holdings in SharkNinja were worth $7,720,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SN. Royal Bank of Canada increased its stake in SharkNinja by 21.8% in the first quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock valued at $5,995,000 after purchasing an additional 12,851 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in SharkNinja in the first quarter valued at $369,000. Goldman Sachs Group Inc. increased its stake in SharkNinja by 169.4% in the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock valued at $42,147,000 after purchasing an additional 317,730 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in SharkNinja by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock valued at $4,238,000 after purchasing an additional 3,632 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in SharkNinja in the first quarter valued at $656,000. 34.77% of the stock is owned by institutional investors.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the sale, the chief financial officer directly owned 8,673 shares of the company’s stock, valued at approximately $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 11.12% of the company’s stock.

SharkNinja Trading Up 0.1%

NYSE:SN opened at $114.74 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47. The firm has a 50-day moving average of $112.29 and a 200-day moving average of $109.78. The company has a market cap of $16.24 billion, a PE ratio of 23.23, a PEG ratio of 1.54 and a beta of 1.37. SharkNinja, Inc. has a one year low of $78.82 and a one year high of $133.99.

SharkNinja (NYSE:SNGet Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the previous year, the firm posted $1.40 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, equities research analysts expect that SharkNinja, Inc. will post 5.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on SN. Canaccord Genuity Group boosted their target price on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research report on Monday. Jefferies Financial Group reissued a “buy” rating and set a $200.00 target price on shares of SharkNinja in a research report on Wednesday, February 11th. Guggenheim boosted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. National Bank Financial set a $145.00 target price on shares of SharkNinja in a research report on Tuesday, March 17th. Finally, Bank of America boosted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $146.00.

View Our Latest Research Report on SN

SharkNinja Company 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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