2,075 Shares in SharkNinja, Inc. $SN Acquired by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. acquired a new position in shares of SharkNinja, Inc. (NYSE:SN) in the second quarter, HoldingsChannel.com reports. The firm acquired 2,075 shares of the company’s stock, valued at approximately $205,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Harbour Investments Inc. lifted its stake in SharkNinja by 5,800.0% in the first quarter. Harbour Investments Inc. now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 406 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in shares of SharkNinja in the 2nd quarter worth about $43,000. SVB Wealth LLC acquired a new stake in shares of SharkNinja in the 1st quarter worth about $36,000. CWM LLC lifted its position in SharkNinja by 656.7% in the 2nd quarter. CWM LLC now owns 787 shares of the company’s stock valued at $78,000 after purchasing an additional 683 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in SharkNinja by 246.7% during the 2nd quarter. Signaturefd LLC now owns 1,203 shares of the company’s stock valued at $119,000 after purchasing an additional 856 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Stock Performance

SN opened at $91.28 on Friday. The business has a 50 day moving average price of $99.59 and a two-hundred day moving average price of $102.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.96 and a quick ratio of 1.26. The company has a market capitalization of $12.88 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 1.74 and a beta of 1.51. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $128.51.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.18. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.62 billion. SharkNinja had a return on equity of 28.93% and a net margin of 9.45%.The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.21 EPS. SharkNinja has set its FY 2025 guidance at 5.050-5.150 EPS. Research analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on SN shares. JPMorgan Chase & Co. decreased their target price on shares of SharkNinja from $131.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Morgan Stanley set a $110.00 target price on SharkNinja in a research report on Monday, October 27th. Zacks Research lowered SharkNinja from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Finally, Oppenheimer decreased their price target on SharkNinja from $135.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, October 21st. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $127.57.

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.