Blair William & Co. IL Sells 11,269 Shares of SharkNinja, Inc. (NYSE:SN)

Blair William & Co. IL trimmed its stake in SharkNinja, Inc. (NYSE:SN) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,778 shares of the company’s stock after selling 11,269 shares during the period. Blair William & Co. IL owned 0.07% of SharkNinja worth $9,812,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SN. Safe Harbor Fiduciary LLC bought a new position in SharkNinja in the third quarter worth $54,000. R Squared Ltd purchased a new stake in shares of SharkNinja in the 4th quarter worth about $55,000. Northwest & Ethical Investments L.P. purchased a new position in SharkNinja during the 3rd quarter valued at about $163,000. SG Americas Securities LLC purchased a new position in SharkNinja during the 4th quarter valued at about $171,000. Finally, First Dallas Securities Inc. bought a new stake in SharkNinja during the third quarter worth about $215,000. Institutional investors own 34.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SN. Canaccord Genuity Group raised their target price on shares of SharkNinja from $129.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Jefferies Financial Group lifted their price objective on SharkNinja from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Morgan Stanley increased their target price on SharkNinja from $93.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. lifted their price target on SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $122.50.

SharkNinja Price Performance

Shares of NYSE:SN opened at $83.74 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73. The firm has a market cap of $11.72 billion, a price-to-earnings ratio of 26.92, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. The business has a 50-day simple moving average of $101.91 and a two-hundred day simple moving average of $102.34. SharkNinja, Inc. has a fifty-two week low of $60.72 and a fifty-two week high of $123.00.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Thursday, February 13th. The company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.06). SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.61 billion. On average, analysts expect that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

SharkNinja Company Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.