SharkNinja (NYSE:SN) Stock Price Up 4.2% – Here’s What Happened

SharkNinja, Inc. (NYSE:SN)’s share price traded up 4.2% on Monday. The stock traded as high as $192.68 and last traded at $192.7250. Approximately 453,781 shares were traded during trading, a decline of 75% from the average session volume of 1,844,297 shares. The stock had previously closed at $184.98.

Analyst Ratings Changes

Several research firms recently issued reports on SN. Bank of America increased their price target on shares of SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Oppenheimer upped their price objective on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. TD Cowen upped their price objective on SharkNinja from $160.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wall Street Zen raised SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, UBS Group restated a “buy” rating and set a $219.10 target price on shares of SharkNinja in a research report on Wednesday, August 12th. Twelve equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, SharkNinja currently has an average rating of “Buy” and a consensus price target of $188.59.

SharkNinja Trading Down 0.8%

The company’s fifty day moving average price is $179.36 and its two-hundred day moving average price is $146.24. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The firm has a market cap of $26.56 billion, a P/E ratio of 36.40, a price-to-earnings-growth ratio of 2.25 and a beta of 1.27.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the company posted $0.97 EPS. 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, sell-side analysts predict that SharkNinja, Inc. will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Neil Shah sold 50,000 shares of the firm’s stock in a transaction that occurred on 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 owned 497,220 shares of the company’s stock, valued at approximately $92,661,919.20. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 100,000 shares of company stock worth $18,613,911 over the last quarter. 40.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On SharkNinja

A number of large investors have recently bought and sold shares of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of SharkNinja in the first quarter valued at about $27,000. Clearstead Trust LLC bought a new stake in SharkNinja during the 2nd quarter worth about $30,000. Timbuktu Capital Management LLC acquired a new stake in SharkNinja in the 2nd quarter valued at about $40,000. Harbor Investment Advisory LLC acquired a new stake in SharkNinja in the 2nd quarter valued at about $70,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of SharkNinja by 17.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,013 shares of the company’s stock worth $107,000 after purchasing an additional 149 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops consumer appliances and household products under the Shark and Ninja brands. Its portfolio includes vacuum cleaners, cordless and robot cleaning systems, steam mops, air purifiers, and other home-care products, as well as blenders, food processors, air fryers, coffee makers, cookware, and other kitchen appliances.

The company also offers products in categories such as beauty and personal care, including hair-styling tools.