Strs Ohio Purchases 38,815 Shares of SharkNinja, Inc. $SN

Strs Ohio raised its position in shares of SharkNinja, Inc. (NYSE:SN) by 23.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 201,795 shares of the company’s stock after acquiring an additional 38,815 shares during the period. Strs Ohio owned approximately 0.14% of SharkNinja worth $22,581,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SN. Versor Investments LP raised its position in shares of SharkNinja by 386.0% in the third quarter. Versor Investments LP now owns 18,921 shares of the company’s stock valued at $1,952,000 after buying an additional 15,028 shares in the last quarter. Nixon Capital LLC raised its position in shares of SharkNinja by 12.8% in the third quarter. Nixon Capital LLC now owns 159,874 shares of the company’s stock valued at $16,491,000 after buying an additional 18,184 shares in the last quarter. Magnetar Financial LLC acquired a new stake in shares of SharkNinja in the third quarter valued at approximately $2,859,000. Waratah Capital Advisors Ltd. raised its position in shares of SharkNinja by 84.1% in the third quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock valued at $31,578,000 after buying an additional 139,858 shares in the last quarter. Finally, Dorsal Capital Management LP raised its position in shares of SharkNinja by 14.7% in the third quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock valued at $100,571,000 after buying an additional 125,000 shares in the last quarter. Institutional investors own 34.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SN shares. Jefferies Financial Group reiterated a “buy” rating and issued a $200.00 price target on shares of SharkNinja in a research report on Wednesday, February 11th. Guggenheim lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. TD Cowen reiterated a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Wall Street Zen upgraded shares of SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, National Bank Financial set a $145.00 price target on shares of SharkNinja in a research report on Tuesday, March 17th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $145.90.

SharkNinja Stock Up 0.2%

Shares of SN opened at $114.86 on Monday. SharkNinja, Inc. has a one year low of $78.82 and a one year high of $133.99. The company has a market cap of $16.26 billion, a P/E ratio of 23.25, a P/E/G ratio of 1.54 and a beta of 1.37. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47. The firm has a 50 day simple moving average of $112.29 and a two-hundred day simple moving average of $109.78.

SharkNinja (NYSE:SN) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Research analysts forecast that SharkNinja, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity

In other news, CFO Adam Quigley sold 2,620 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the transaction, the chief financial officer directly owned 8,673 shares in the company, valued at approximately $991,844.28. This represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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.