Landscape Capital Management L.L.C. purchased a new position in SharkNinja, Inc. (NYSE:SN – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 53,290 shares of the company’s stock, valued at approximately $5,963,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its position in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after buying an additional 248 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in SharkNinja in the fourth quarter worth approximately $38,000. Sunbelt Securities Inc. acquired a new position in SharkNinja in the third quarter worth approximately $46,000. Finally, Quarry LP acquired a new position in SharkNinja in the third quarter worth approximately $59,000. Institutional investors and hedge funds own 34.77% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have issued reports on SN shares. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Piper Sandler started coverage on shares of SharkNinja in a research report on Tuesday. They set an “overweight” rating and a $150.00 price objective on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Finally, National Bank Financial set a $145.00 price objective on shares of SharkNinja in a research report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.
Insiders Place Their Bets
In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction on 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 sale, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 40.80% of the company’s stock.
SharkNinja Trading Down 1.4%
NYSE SN opened at $133.73 on Friday. SharkNinja, Inc. has a twelve month low of $80.69 and a twelve month high of $138.00. 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 stock has a market cap of $18.93 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.80 and a beta of 1.34. The firm’s 50 day moving average price is $115.27 and its two-hundred day moving average price is $114.78.
SharkNinja (NYSE:SN – Get Free Report) last posted its quarterly earnings data 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. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the company posted $0.87 EPS. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts anticipate that SharkNinja, Inc. will post 5.74 EPS for the current year.
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.
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