River Road Asset Management LLC Has $9.89 Million Stake in SharkNinja, Inc. $SN

River Road Asset Management LLC boosted its position in shares of SharkNinja, Inc. (NYSE:SNFree Report) by 49.9% during the 4th quarter, HoldingsChannel reports. The firm owned 88,347 shares of the company’s stock after buying an additional 29,428 shares during the quarter. River Road Asset Management LLC’s holdings in SharkNinja were worth $9,886,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SN. Royal Bank of Canada lifted its holdings in shares of 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 purchased a new position in shares of SharkNinja during the first quarter valued at $369,000. Goldman Sachs Group Inc. raised its position in SharkNinja by 169.4% during the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock valued at $42,147,000 after buying an additional 317,730 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock worth $4,238,000 after acquiring an additional 3,632 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in SharkNinja in the 1st quarter worth about $656,000. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Price Performance

SN opened at $140.91 on Friday. The stock has a market cap of $19.94 billion, a price-to-earnings ratio of 28.41, a PEG ratio of 1.89 and a beta of 1.34. SharkNinja, Inc. has a 1 year low of $83.12 and a 1 year high of $141.81. 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 stock has a fifty day moving average price of $118.30 and a 200 day moving average price of $116.27.

SharkNinja (NYSE:SNGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The business’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. Analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Analyst Ratings Changes

SN has been the topic of several research analyst reports. National Bank Financial set a $145.00 target price on SharkNinja in a research note on Tuesday, March 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Piper Sandler assumed coverage on shares of SharkNinja in a report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price target for the company. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. 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 MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Read Our Latest Stock Report on SharkNinja

Insider Activity

In related news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was 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 approximately $197,697.50. The trade was a 79.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 40.80% of the stock is currently owned by corporate insiders.

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.

Further Reading

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Institutional Ownership by Quarter for SharkNinja (NYSE:SN)

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