Adam Quigley Sells 6,923 Shares of SharkNinja (NYSE:SN) Stock

SharkNinja, Inc. (NYSE:SN) CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. The trade was a 79.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Adam Quigley also recently made the following trade(s):

• On Wednesday, March 4th, Adam Quigley sold 2,620 shares of SharkNinja stock. The stock was sold at an average price of $114.36, for a total value of $299,623.20.

SharkNinja Stock Up 1.0%

Shares of NYSE:SN traded up $1.07 during mid-day trading on Tuesday, hitting $108.56. 2,036,703 shares of the company traded hands, compared to its average volume of 1,752,838. The stock has a market cap of $15.36 billion, a P/E ratio of 21.89, a P/E/G ratio of 1.49 and a beta of 1.37. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. SharkNinja, Inc. has a 12-month low of $80.69 and a 12-month high of $133.99. The stock has a 50-day moving average price of $110.83 and a two-hundred day moving average price of $110.46.

SharkNinja (NYSE:SN) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the firm posted $0.87 EPS. SharkNinja’s quarterly revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities research analysts forecast that SharkNinja, Inc. will post 5.77 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of SharkNinja during the 1st quarter valued at approximately $27,000. Geneos Wealth Management Inc. bought a new stake in shares of SharkNinja in the 3rd quarter worth approximately $29,000. 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 valued at $33,000 after purchasing an additional 126 shares during the last quarter. Transamerica Financial Advisors LLC lifted its stake in SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after purchasing an additional 248 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in SharkNinja during the fourth quarter valued at $38,000. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SN has been the topic of several analyst reports. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Oppenheimer lifted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. National Bank Financial set a $145.00 target price on SharkNinja in a research note on Tuesday, March 17th. Canaccord Genuity Group upped their target price on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, TD Cowen reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.