14,513 Shares in SharkNinja, Inc. $SN Bought by Wasatch Advisors LP

Wasatch Advisors LP acquired a new position in SharkNinja, Inc. (NYSE:SN) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 14,513 shares of the company’s stock, valued at approximately $1,537,000.

A number of other institutional investors have also recently bought and sold shares of SN. Royal Bank of Canada increased its position in shares of SharkNinja by 21.8% during the 1st 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 during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of SharkNinja in the 1st quarter worth about $369,000. Goldman Sachs Group Inc. grew 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 grew its position in SharkNinja by 7.7% during the first 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 buying an additional 3,632 shares during the period. Finally, Acadian Asset Management LLC purchased a new stake in SharkNinja during the first quarter worth about $656,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Performance

NYSE SN opened at $145.29 on Friday. The company’s 50 day moving average is $120.80 and its 200-day moving average is $117.51. SharkNinja, Inc. has a 12-month low of $83.12 and a 12-month high of $145.88. 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 firm has a market cap of $20.56 billion, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 1.95 and a beta of 1.34.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 EPS 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 company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the firm earned $0.87 EPS. SharkNinja’s revenue for the quarter was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Sell-side analysts predict that SharkNinja, Inc. will post 5.74 earnings per share for the current year.

Insider Activity

In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 40.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Canaccord Genuity Group raised their price target on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler assumed coverage on SharkNinja in a research note on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price objective on the stock. Finally, National Bank Financial set a $145.00 price objective on SharkNinja in a research note 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

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.