WINTON GROUP Ltd Decreases Stock Holdings in SharkNinja, Inc. (NYSE:SN)

WINTON GROUP Ltd lessened its holdings in SharkNinja, Inc. (NYSE:SN) by 60.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,730 shares of the company’s stock after selling 7,136 shares during the period. WINTON GROUP Ltd’s holdings in SharkNinja were worth $461,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of SharkNinja during the third quarter valued at approximately $54,000. R Squared Ltd purchased a new position in SharkNinja in the 4th quarter valued at about $55,000. Northwest & Ethical Investments L.P. acquired a new stake in shares of SharkNinja during the third quarter valued at about $163,000. SG Americas Securities LLC purchased a new stake in shares of SharkNinja during the fourth quarter worth about $171,000. Finally, First Dallas Securities Inc. purchased a new position in SharkNinja in the third quarter valued at about $215,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Trading Down 1.9 %

NYSE SN opened at $83.74 on Monday. The firm has a market capitalization of $11.72 billion, a PE ratio of 26.92, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. SharkNinja, Inc. has a one year low of $60.72 and a one year high of $123.00. The company has a 50-day simple moving average of $101.91 and a 200-day simple moving average of $102.37. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73.

SharkNinja (NYSE:SN) last posted its earnings results on Thursday, February 13th. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.06). The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.61 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. On average, equities analysts forecast that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Morgan Stanley increased their target price on SharkNinja from $93.00 to $108.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Canaccord Genuity Group raised their price objective on shares of SharkNinja from $129.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Jefferies Financial Group boosted their target price on shares of SharkNinja from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.50.

About SharkNinja

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.