Ogborne Capital Management LLC Trims Holdings in SharkNinja, Inc. $SN

Ogborne Capital Management LLC decreased its stake in shares of SharkNinja, Inc. (NYSE:SN) by 96.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,000 shares of the company’s stock after selling 145,000 shares during the quarter. SharkNinja comprises 0.2% of Ogborne Capital Management LLC’s holdings, making the stock its 11th largest position. Ogborne Capital Management LLC’s holdings in SharkNinja were worth $560,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC increased its stake in SharkNinja by 459.3% during 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 last quarter. Los Angeles Capital Management LLC acquired a new stake in SharkNinja during the fourth quarter worth $38,000. Sunbelt Securities Inc. acquired a new stake in SharkNinja during the third quarter worth $46,000. Finally, Quarry LP acquired a new stake in SharkNinja during the third quarter worth $59,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 40.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SN shares. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. National Bank Financial set a $145.00 target price on SharkNinja in a research note on Tuesday, March 17th. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Canaccord Genuity Group raised their target price on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their target price on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

SharkNinja Trading Down 0.2%

Shares of NYSE SN opened at $133.51 on Tuesday. SharkNinja, Inc. has a twelve month low of $83.12 and a twelve month high of $139.50. 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 has a fifty day simple moving average of $115.85 and a 200-day simple moving average of $115.25. The stock has a market capitalization of $18.89 billion, a PE ratio of 26.92, a PEG ratio of 1.80 and a beta of 1.35.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $0.87 earnings per share. The company’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. On average, equities analysts forecast that SharkNinja, Inc. will post 5.74 earnings per share for the current year.

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.