13,720 Shares in SharkNinja, Inc. $SN Bought by Expect Equity LLC

Expect Equity LLC acquired a new position in SharkNinja, Inc. (NYSE:SN) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,720 shares of the company’s stock, valued at approximately $1,535,000.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC grew its holdings in shares of SharkNinja by 64.3% in the third 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. Transamerica Financial Advisors LLC grew its holdings in shares of SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after acquiring an additional 248 shares during the period. Los Angeles Capital Management LLC purchased a new position in SharkNinja during the fourth quarter valued at $38,000. Sunbelt Securities Inc. purchased a new position in SharkNinja during the third quarter valued at $46,000. Finally, Quarry LP purchased a new position in SharkNinja during the third quarter valued at $59,000. Institutional investors own 34.77% of the company’s stock.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 40.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SN shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Piper Sandler started coverage on SharkNinja in a research report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 target price on the stock. Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. lifted their target price on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, National Bank Financial set a $145.00 target price on SharkNinja in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $150.00.

SharkNinja Price Performance

NYSE SN opened at $133.81 on Thursday. The business’s fifty day moving average is $116.99 and its 200 day moving average is $115.79. SharkNinja, Inc. has a fifty-two week low of $83.12 and a fifty-two week high of $139.58. The company has a market capitalization of $18.94 billion, a PE ratio of 26.98, a price-to-earnings-growth ratio of 1.83 and a beta of 1.34. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38.

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

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.