SharkNinja (NYSE:SN) Insider Sells $3,755,301.77 in Stock

SharkNinja, Inc. (NYSE:SNGet Free Report) insider Neil Shah sold 20,333 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $184.69, for a total transaction of $3,755,301.77. Following the transaction, the insider directly owned 40,766 shares of the company’s stock, valued at $7,529,072.54. This represents a 33.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

SharkNinja Stock Performance

Shares of SN opened at $188.90 on Friday. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average price is $151.55 and its 200-day moving average price is $127.66. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $191.22. The stock has a market cap of $26.61 billion, a P/E ratio of 38.55, a P/E/G ratio of 2.24 and a beta of 1.21.

SharkNinja (NYSE:SNGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the company earned $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Equities research analysts anticipate that SharkNinja, Inc. will post 5.77 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SN shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. TD Cowen raised their price target on SharkNinja from $160.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 price objective on shares of SharkNinja in a report on Thursday, August 6th. UBS Group reiterated a “buy” rating and set a $219.10 price objective on shares of SharkNinja in a research report on Wednesday. Finally, Canaccord Genuity Group increased their target price on SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $188.59.

Read Our Latest Analysis on SharkNinja

Institutional Trading of SharkNinja

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in SharkNinja by 21.8% in the first quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock worth $5,995,000 after acquiring an additional 12,851 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in SharkNinja during the first quarter valued at approximately $369,000. Goldman Sachs Group Inc. lifted its stake in shares of SharkNinja by 169.4% in the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of 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 valued at $4,238,000 after purchasing an additional 3,632 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new position in shares of SharkNinja in the 1st quarter worth approximately $656,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Company Profile

(Get 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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