William Blair Investment Management LLC Decreases Holdings in SharkNinja, Inc. $SN

William Blair Investment Management LLC decreased its position in shares of SharkNinja, Inc. (NYSE:SN) by 10.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,236,321 shares of the company’s stock after selling 145,130 shares during the quarter. William Blair Investment Management LLC owned approximately 0.88% of SharkNinja worth $138,344,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares during the period. Sunbelt Securities Inc. bought a new position in shares of SharkNinja during the 3rd quarter worth $46,000. GAMMA Investing LLC grew its stake in shares of SharkNinja by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after acquiring an additional 110 shares during the period. Quarry LP bought a new position in shares of SharkNinja during the 3rd quarter worth $59,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of SharkNinja by 2,071.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after acquiring an additional 663 shares during the period. Institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on SN. JPMorgan Chase & Co. increased their price target on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Guggenheim increased their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. National Bank Financial set a $145.00 target price on SharkNinja in a report on Tuesday, March 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.

SharkNinja Stock Down 0.2%

SN stock opened at $111.96 on Friday. The firm has a market capitalization of $15.85 billion, a PE ratio of 22.57, a PEG ratio of 1.50 and a beta of 1.37. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The stock has a 50-day simple moving average of $109.45 and a two-hundred day simple moving average of $111.20. SharkNinja, Inc. has a twelve month low of $80.69 and a twelve month high of $133.99.

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

Insider Activity

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the sale, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 11.12% of the company’s stock.

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.