SharkNinja, Inc. $SN Shares Acquired by River Road Asset Management LLC

River Road Asset Management LLC increased its position in shares of SharkNinja, Inc. (NYSE:SN) by 49.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,347 shares of the company’s stock after purchasing an additional 29,428 shares during the period. River Road Asset Management LLC owned 0.06% of SharkNinja worth $9,886,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its stake in SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after buying an additional 248 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of SharkNinja in the 4th quarter worth $38,000. Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja in the third quarter valued at $46,000. Finally, Quarry LP acquired a new stake in shares of SharkNinja in the third quarter valued at $59,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SN has been the topic of a number of research analyst reports. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. National Bank Financial set a $145.00 price target on shares of SharkNinja in a report on Tuesday, March 17th. Canaccord Genuity Group upped their price target on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 4th. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Finally, Piper Sandler started coverage on shares of SharkNinja in a research note on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $150.00.

SharkNinja Stock Performance

SN opened at $140.91 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The firm has a market cap of $19.94 billion, a PE ratio of 28.41, a P/E/G ratio of 1.89 and a beta of 1.34. The business has a fifty day simple moving average of $118.30 and a 200-day simple moving average of $116.27. SharkNinja, Inc. has a fifty-two week low of $83.12 and a fifty-two week high of $141.81.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities analysts predict that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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.