SharkNinja (NYSE:SN) Insider Neil Shah Sells 50,000 Shares of Stock

SharkNinja, Inc. (NYSE:SNGet Free Report) insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the sale, the insider directly owned 497,220 shares in the company, valued at approximately $92,661,919.20. The trade was a 9.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

SharkNinja Trading Down 0.7%

Shares of SharkNinja stock opened at $191.53 on Friday. SharkNinja, Inc. has a 52-week low of $83.12 and a 52-week high of $194.54. 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 company’s 50-day simple moving average is $163.24 and its 200-day simple moving average is $132.69. The firm has a market cap of $26.98 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 2.28 and a beta of 1.21.

SharkNinja (NYSE:SNGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company posted $0.97 earnings per share. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, equities research analysts anticipate that SharkNinja, Inc. will post 5.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SN has been the topic of a number of analyst reports. UBS Group restated a “buy” rating and issued a $219.10 price target on shares of SharkNinja in a research note on Wednesday, August 12th. Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Oppenheimer raised their target price on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, July 13th. JPMorgan Chase & Co. boosted their target price on shares of SharkNinja from $170.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 price target on shares of SharkNinja in a research note on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.59.

View Our Latest Stock Report on SN

Institutional Investors Weigh In On SharkNinja

Several institutional investors have recently modified their holdings of SN. Wealth High Governance Capital Ltda acquired a new position in SharkNinja during the fourth quarter worth $17,072,000. Strs Ohio grew its holdings in SharkNinja by 23.8% in the fourth quarter. Strs Ohio now owns 201,795 shares of the company’s stock valued at $22,581,000 after purchasing an additional 38,815 shares during the last quarter. Nicholas Company Inc. increased its position in shares of SharkNinja by 30.3% in the fourth quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock valued at $12,985,000 after buying an additional 26,962 shares in the last quarter. K.J. Harrison & Partners Inc purchased a new position in shares of SharkNinja in the fourth quarter valued at $1,231,000. Finally, Raiffeisen Bank International AG increased its position in shares of SharkNinja by 33.3% in the fourth quarter. Raiffeisen Bank International AG now owns 80,000 shares of the company’s stock valued at $9,095,000 after buying an additional 20,000 shares in the last quarter. Hedge funds and other 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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