SharkNinja, Inc. $SN Position Cut by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP trimmed its stake in SharkNinja, Inc. (NYSE:SN) by 40.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 840,060 shares of the company’s stock after selling 562,237 shares during the quarter. Westfield Capital Management Co. LP owned approximately 0.60% of SharkNinja worth $94,003,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Versor Investments LP lifted its stake in SharkNinja by 386.0% in the third quarter. Versor Investments LP now owns 18,921 shares of the company’s stock valued at $1,952,000 after buying an additional 15,028 shares during the last quarter. Waratah Capital Advisors Ltd. lifted its stake in SharkNinja by 84.1% in the third quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock valued at $31,578,000 after buying an additional 139,858 shares during the last quarter. Wealth High Governance Capital Ltda bought a new stake in SharkNinja in the fourth quarter valued at $17,072,000. Dorsal Capital Management LP lifted its stake in SharkNinja by 14.7% in the third quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock valued at $100,571,000 after buying an additional 125,000 shares during the last quarter. Finally, Magnetar Financial LLC bought a new stake in SharkNinja in the third quarter valued at $2,859,000. 34.77% of the stock is currently owned by institutional investors.

SharkNinja Stock Performance

SN stock opened at $123.71 on Friday. The company has a market capitalization of $17.51 billion, a P/E ratio of 24.94, a PEG ratio of 1.63 and a beta of 1.34. The company has a 50-day simple moving average of $112.46 and a 200 day simple moving average of $113.23. SharkNinja, Inc. has a fifty-two week low of $80.69 and a fifty-two week high of $133.99. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the business earned $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 predict that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Insider Buying and Selling

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 40.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. National Bank Financial set a $145.00 price objective on shares of SharkNinja in a report on Tuesday, March 17th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Guggenheim upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Oppenheimer upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Finally, Morgan Stanley set a $128.00 price objective on shares of SharkNinja in a report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, SharkNinja currently has a consensus rating of “Moderate Buy” and an average 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.