Aubrey Capital Management Ltd Has $212,000 Position in SharkNinja, Inc. $SN

Aubrey Capital Management Ltd lowered its holdings in SharkNinja, Inc. (NYSE:SN) by 64.0% during the first quarter, HoldingsChannel.com reports. The fund owned 2,000 shares of the company’s stock after selling 3,550 shares during the period. Aubrey Capital Management Ltd’s holdings in SharkNinja were worth $212,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. FIL Ltd lifted its stake in SharkNinja by 2.2% during the fourth quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock worth $253,836,000 after purchasing an additional 48,163 shares during the period. Alliancebernstein L.P. grew its holdings in shares of SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after purchasing an additional 176,104 shares during the last quarter. Palestra Capital Management LLC increased its position in shares of SharkNinja by 10.3% during the 3rd quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after purchasing an additional 130,121 shares in the last quarter. Parsifal Capital Management LP acquired a new stake in shares of SharkNinja during the 3rd quarter worth about $111,773,000. Finally, Morgan Stanley lifted its holdings in SharkNinja by 191.3% during the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after purchasing an additional 709,494 shares during the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Price Performance

Shares of SN stock opened at $149.91 on Wednesday. SharkNinja, Inc. has a 1 year low of $83.12 and a 1 year high of $154.29. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The firm’s 50 day moving average is $128.84 and its 200-day moving average is $120.65. The firm has a market capitalization of $21.21 billion, a price-to-earnings ratio of 30.22, a PEG ratio of 2.01 and a beta of 1.22.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business posted $0.87 earnings per share. SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Sell-side analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja 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 sale, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 40.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SN. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Oppenheimer raised their price objective on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday. JPMorgan Chase & Co. lifted their target price on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Piper Sandler assumed coverage on SharkNinja in a report on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 target price on the stock. Finally, National Bank Financial set a $145.00 price target on SharkNinja in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $159.90.

SharkNinja 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.