Mawer Investment Management Ltd. Has $24.25 Million Stock Holdings in SharkNinja, Inc. $SN

Mawer Investment Management Ltd. trimmed its stake in shares of SharkNinja, Inc. (NYSE:SN) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216,701 shares of the company’s stock after selling 28,860 shares during the quarter. Mawer Investment Management Ltd.’s holdings in SharkNinja were worth $24,249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BW Gestao de Investimentos Ltda. bought a new position in shares of SharkNinja in the fourth quarter valued at about $10,907,000. Black Swift Group LLC bought a new stake in shares of SharkNinja during the 4th quarter worth about $224,000. Rock Creek Group LP grew its stake in SharkNinja by 100.0% in the 4th quarter. Rock Creek Group LP now owns 20,000 shares of the company’s stock valued at $2,238,000 after buying an additional 10,000 shares during the last quarter. Norges Bank bought a new position in SharkNinja in the 4th quarter valued at about $35,706,000. Finally, Fiducient Advisors LLC bought a new position in SharkNinja in the 4th quarter valued at about $359,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SN. National Bank Financial set a $145.00 price objective on SharkNinja in a report on Tuesday, March 17th. Oppenheimer increased their target price on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Guggenheim lifted their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Canaccord Genuity Group upped their price objective on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, SharkNinja currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.

SharkNinja Price Performance

SN stock opened at $122.36 on Tuesday. The company’s 50-day moving average price is $111.37 and its two-hundred day moving average price is $112.57. The firm has a market cap of $17.32 billion, a P/E ratio of 24.67, a P/E/G ratio of 1.64 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. SharkNinja, Inc. has a 12 month low of $80.69 and a 12 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 for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, analysts anticipate that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

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.