Wealth High Governance Capital Ltda Boosts Holdings in SharkNinja, Inc. $SN

Wealth High Governance Capital Ltda increased its position in SharkNinja, Inc. (NYSE:SN) by 8.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 105,444 shares of the company’s stock after purchasing an additional 8,010 shares during the quarter. SharkNinja makes up 3.4% of Wealth High Governance Capital Ltda’s holdings, making the stock its 8th largest position. Wealth High Governance Capital Ltda’s holdings in SharkNinja were worth $11,167,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of SharkNinja during the 1st quarter worth about $27,000. Larson Financial Group LLC grew 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 grew its holdings in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after purchasing an additional 248 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in SharkNinja during the fourth quarter worth about $38,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja during the 3rd quarter worth approximately $46,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Up 0.3%

SN opened at $162.18 on Monday. The company has a market cap of $22.95 billion, a PE ratio of 32.70, a price-to-earnings-growth ratio of 2.12 and a beta of 1.21. SharkNinja, Inc. has a 12 month low of $83.12 and a 12 month high of $164.37. 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 company has a 50 day moving average of $140.60 and a 200 day moving average of $124.13.

SharkNinja (NYSE:SN) last posted its earnings results 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 analyst estimates of $1.38 billion. During the same quarter in the previous year, the firm earned $0.87 EPS. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, sell-side analysts expect that SharkNinja, Inc. will post 5.77 EPS for the current year.

Wall Street Analyst Weigh In

SN has been the topic of a number of recent analyst reports. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Guggenheim raised their target price on SharkNinja from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Oppenheimer boosted their price target on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Wednesday, July 8th. Finally, TD Cowen upped their price target on SharkNinja from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $167.90.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction on Friday, May 8th. The shares were 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 represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 40.80% of the company’s stock.

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.