FACT Capital LP acquired a new stake in SharkNinja, Inc. (NYSE:SN – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 21,977 shares of the company’s stock, valued at approximately $2,459,000. SharkNinja accounts for 1.3% of FACT Capital LP’s holdings, making the stock its 19th biggest position.
Other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its stake in shares of SharkNinja by 64.3% during the 3rd 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 period. Transamerica Financial Advisors LLC lifted its position in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in SharkNinja in the 4th quarter valued at $38,000. Sunbelt Securities Inc. acquired a new stake in SharkNinja in the 3rd quarter valued at $46,000. Finally, Quarry LP purchased a new stake in SharkNinja in the 3rd quarter worth $59,000. 34.77% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on SN shares. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Canaccord Genuity Group lifted their target price on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Piper Sandler started coverage on shares of SharkNinja in a research note on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, SharkNinja currently has an average rating of “Moderate Buy” and an average target price of $150.00.
Insiders Place Their Bets
In other news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction that occurred on 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 sale, 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 filing with the SEC, which is available at this hyperlink. 40.80% of the stock is owned by insiders.
SharkNinja Stock Up 0.1%
NYSE SN opened at $140.91 on Friday. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $141.81. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The business’s fifty day simple moving average is $118.30 and its 200-day simple moving average is $116.27. The firm has a market cap of $19.94 billion, a PE ratio of 28.41, a P/E/G ratio of 1.89 and a beta of 1.34.
SharkNinja (NYSE:SN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. SharkNinja’s quarterly revenue was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities analysts anticipate that SharkNinja, Inc. will post 5.74 earnings per share for the current 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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