Thornburg Investment Management Inc. Purchases 21,273 Shares of SharkNinja, Inc. $SN

Thornburg Investment Management Inc. raised its position in shares of SharkNinja, Inc. (NYSE:SN) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 188,960 shares of the company’s stock after acquiring an additional 21,273 shares during the quarter. Thornburg Investment Management Inc. owned approximately 0.13% of SharkNinja worth $21,145,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Alliancebernstein L.P. boosted its position in SharkNinja by 13.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock valued at $156,152,000 after acquiring an additional 176,104 shares in the last quarter. Palestra Capital Management LLC boosted its position in SharkNinja by 10.3% during the 3rd quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock valued at $143,177,000 after acquiring an additional 130,121 shares in the last quarter. Parsifal Capital Management LP bought a new stake in shares of SharkNinja in the 3rd quarter worth approximately $111,773,000. Morgan Stanley boosted its position in shares of SharkNinja by 191.3% in the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after purchasing an additional 709,494 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of SharkNinja by 13.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,070,798 shares of the company’s stock worth $119,847,000 after purchasing an additional 129,196 shares in the last quarter. 34.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SN shares. Piper Sandler started coverage on SharkNinja in a research report on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price target on the stock. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. National Bank Financial set a $145.00 price target on SharkNinja in a research report on Tuesday, March 17th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $150.00.

SharkNinja Stock Performance

SN stock opened at $133.73 on Monday. The stock has a market capitalization of $18.93 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 1.80 and a beta of 1.35. SharkNinja, Inc. has a 12-month low of $80.69 and a 12-month high of $138.00. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $115.27 and its 200 day simple moving average is $114.97.

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

Insiders Place Their Bets

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

About SharkNinja

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.