Voss Capital LP Has $56.48 Million Stock Position in SharkNinja, Inc. $SN

Voss Capital LP cut its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 547,500 shares of the company’s stock after selling 28,126 shares during the period. SharkNinja comprises approximately 2.7% of Voss Capital LP’s investment portfolio, making the stock its 11th biggest position. Voss Capital LP owned 0.39% of SharkNinja worth $56,475,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SN. Geneos Wealth Management Inc. bought a new stake in shares of SharkNinja during the 3rd quarter worth $29,000. Larson Financial Group LLC grew its position 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 acquiring an additional 126 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in SharkNinja during the third quarter worth about $46,000. TFC Financial Management Inc. acquired a new position in SharkNinja during the third quarter worth about $55,000. Finally, Quarry LP bought a new position in shares of SharkNinja in the third quarter worth about $59,000. Institutional investors own 34.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SN shares. Guggenheim raised their price objective on SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley set a $128.00 price objective on shares of SharkNinja in a report on Thursday, February 12th. JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $200.00 price target on shares of SharkNinja in a research note on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.70.

Insider Transactions at SharkNinja

In related news, CFO Adam Quigley sold 2,620 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the transaction, the chief financial officer directly owned 8,673 shares in the company, valued at $991,844.28. This trade represents a 23.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

SharkNinja Stock Up 2.2%

Shares of SharkNinja stock opened at $105.24 on Wednesday. The stock’s 50-day moving average is $120.39 and its 200 day moving average is $109.01. SharkNinja, Inc. has a one year low of $60.50 and a one year high of $133.99. The firm has a market cap of $14.86 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 1.37 and a beta of 1.39. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Equities research analysts anticipate that SharkNinja, Inc. will post 4.52 EPS for the current year.

About SharkNinja

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.