Nvwm LLC Takes Position in SharkNinja, Inc. $SN

Nvwm LLC acquired a new position in SharkNinja, Inc. (NYSE:SN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,018 shares of the company’s stock, valued at approximately $1,345,000.

Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. bought a new stake in SharkNinja during the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC increased its position in SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the period. Sunbelt Securities Inc. acquired a new position in shares of SharkNinja during the third quarter worth approximately $46,000. TFC Financial Management Inc. bought a new stake in shares of SharkNinja in the third quarter valued at approximately $55,000. Finally, Quarry LP bought a new stake in shares of SharkNinja in the third quarter valued at approximately $59,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Price Performance

Shares of NYSE:SN opened at $104.48 on Friday. The firm has a market capitalization of $14.76 billion, a PE ratio of 21.15, a PEG ratio of 1.39 and a beta of 1.54. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $133.99. The business’s 50 day moving average is $115.20 and its 200-day moving average is $107.94.

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

Insider Transactions at SharkNinja

In other news, CFO Adam Quigley sold 2,620 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the transaction, the chief financial officer owned 8,673 shares in the company, valued at approximately $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 11.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SN. JPMorgan Chase & Co. boosted their target price on shares of SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Guggenheim increased their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Jefferies Financial Group restated a “buy” rating and issued a $200.00 price target on shares of SharkNinja in a research report on Wednesday, February 11th. Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a report on Thursday, February 12th. Finally, Bank of America upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $145.70.

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.