SharkNinja, Inc. $SN Shares Bought by Tyro Capital Management LLC

Tyro Capital Management LLC increased its stake in shares of SharkNinja, Inc. (NYSE:SN) by 6.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 232,602 shares of the company’s stock after buying an additional 14,799 shares during the quarter. SharkNinja accounts for about 8.9% of Tyro Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Tyro Capital Management LLC’s holdings in SharkNinja were worth $23,993,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Versor Investments LP lifted its position in SharkNinja by 386.0% during the 3rd quarter. Versor Investments LP now owns 18,921 shares of the company’s stock worth $1,952,000 after acquiring an additional 15,028 shares during the period. Nixon Capital LLC increased its holdings in shares of SharkNinja by 12.8% in the third quarter. Nixon Capital LLC now owns 159,874 shares of the company’s stock valued at $16,491,000 after purchasing an additional 18,184 shares during the period. Eisler Capital Management Ltd. increased its holdings in shares of SharkNinja by 20.3% in the second quarter. Eisler Capital Management Ltd. now owns 39,053 shares of the company’s stock valued at $3,866,000 after purchasing an additional 6,592 shares during the period. Hodges Capital Management Inc. raised its stake in shares of SharkNinja by 16.7% in the second quarter. Hodges Capital Management Inc. now owns 284,757 shares of the company’s stock worth $28,188,000 after purchasing an additional 40,780 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of SharkNinja in the third quarter worth about $2,608,000. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Stock Up 0.3%

SN opened at $111.43 on Tuesday. The company has a fifty day moving average of $121.35 and a two-hundred day moving average of $109.52. The stock has a market capitalization of $15.74 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.48 and a beta of 1.39. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $133.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.15. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, research analysts expect that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

Insider Activity

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the sale, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. The trade was a 23.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Analyst Ratings Changes

A number of brokerages recently commented on SN. Jefferies Financial Group reiterated a “buy” rating and issued a $200.00 target price on shares of SharkNinja in a research report on Wednesday, February 11th. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a research report on Thursday, February 12th. Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a research note on Thursday, February 12th. Oppenheimer upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Finally, Guggenheim increased their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, SharkNinja has a consensus rating of “Moderate Buy” and an average price target of $145.78.

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.