Concurrent Investment Advisors LLC Grows Stake in SharkNinja, Inc. $SN

Concurrent Investment Advisors LLC increased its stake in SharkNinja, Inc. (NYSE:SN) by 139.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,796 shares of the company’s stock after acquiring an additional 4,542 shares during the period. Concurrent Investment Advisors LLC’s holdings in SharkNinja were worth $872,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SN. Allworth Financial LP lifted its stake in SharkNinja by 5.2% in the third quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock worth $200,000 after purchasing an additional 96 shares during the last quarter. GAMMA Investing LLC lifted its stake in SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after purchasing an additional 110 shares during the last quarter. Larson Financial Group LLC lifted its stake in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after purchasing an additional 126 shares during the last quarter. Boothe Investment Group Inc. lifted its stake in SharkNinja by 0.4% in the third quarter. Boothe Investment Group Inc. now owns 31,666 shares of the company’s stock worth $3,266,000 after purchasing an additional 127 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in SharkNinja by 0.9% in the fourth quarter. NBC Securities Inc. now owns 15,625 shares of the company’s stock worth $1,748,000 after purchasing an additional 146 shares during the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Performance

Shares of NYSE:SN opened at $114.86 on Friday. The company has a market capitalization of $16.26 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 1.55 and a beta of 1.54. SharkNinja, Inc. has a 52 week low of $78.82 and a 52 week high of $133.99. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $112.29 and a 200 day moving average of $109.51.

SharkNinja (NYSE:SN) last released its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the company earned $1.40 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, sell-side analysts predict that SharkNinja, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Transactions at SharkNinja

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 value of $299,623.20. Following the transaction, the chief financial officer directly owned 8,673 shares of the company’s stock, valued at approximately $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.12% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on SN shares. Bank of America raised 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, January 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $200.00 price objective on shares of SharkNinja in a research note on Wednesday, February 11th. Guggenheim lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. TD Cowen reaffirmed a “buy” rating on shares of SharkNinja in a research note on Wednesday, January 14th. Finally, Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.90.

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.