Oxbow Capital Management HK Ltd Has $39.20 Million Holdings in SharkNinja, Inc. $SN

Oxbow Capital Management HK Ltd reduced its stake in SharkNinja, Inc. (NYSE:SN) by 12.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 380,000 shares of the company’s stock after selling 51,602 shares during the quarter. SharkNinja comprises 6.9% of Oxbow Capital Management HK Ltd’s holdings, making the stock its 9th largest holding. Oxbow Capital Management HK Ltd’s holdings in SharkNinja were worth $39,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new stake in SharkNinja during the 3rd quarter valued at approximately $29,000. TFC Financial Management Inc. acquired a new position in shares of SharkNinja in the 3rd quarter worth approximately $55,000. EverSource Wealth Advisors LLC lifted its position in shares of SharkNinja by 2,071.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after purchasing an additional 663 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of SharkNinja in the 3rd quarter valued at $97,000. Finally, Allworth Financial LP increased its position in shares of SharkNinja by 495.5% during the second quarter. Allworth Financial LP now owns 1,840 shares of the company’s stock worth $182,000 after buying an additional 1,531 shares during the period. 34.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SN. JPMorgan Chase & Co. lifted their target price on shares of SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Cantor Fitzgerald reaffirmed an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Morgan Stanley set a $128.00 price target on SharkNinja in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of SharkNinja in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $145.78.

SharkNinja Stock Down 1.7%

SharkNinja stock opened at $99.99 on Friday. The company has a market capitalization of $14.12 billion, a PE ratio of 20.24, a PEG ratio of 1.36 and a beta of 1.39. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $133.99. The firm’s fifty day moving average is $120.80 and its 200 day moving average is $109.33. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.26.

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

Insider Activity

In other news, CFO Adam Quigley sold 2,620 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the sale, 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 filing with the SEC, which is available at this link. 11.12% of the stock is owned by company insiders.

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.