SharkNinja, Inc. $SN Stake Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of SharkNinja, Inc. (NYSE:SN) by 35.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,185 shares of the company’s stock after purchasing an additional 3,470 shares during the quarter. Quantinno Capital Management LP’s holdings in SharkNinja were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Wealth High Governance Capital Ltda bought a new stake in SharkNinja in the fourth quarter valued at $17,072,000. Strs Ohio boosted its holdings in shares of SharkNinja by 23.8% during the fourth quarter. Strs Ohio now owns 201,795 shares of the company’s stock valued at $22,581,000 after acquiring an additional 38,815 shares during the period. Nicholas Company Inc. grew its position in shares of SharkNinja by 30.3% during the fourth quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock worth $12,985,000 after acquiring an additional 26,962 shares during the last quarter. K.J. Harrison & Partners Inc bought a new position in shares of SharkNinja during the fourth quarter worth about $1,231,000. Finally, Raiffeisen Bank International AG increased its holdings in shares of SharkNinja by 33.3% in the 4th quarter. Raiffeisen Bank International AG now owns 80,000 shares of the company’s stock worth $9,095,000 after acquiring an additional 20,000 shares during the period. Institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

SN has been the topic of several recent research reports. Wall Street Zen upgraded shares of SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 price target (up from $181.00) on shares of SharkNinja in a report on Thursday, August 6th. Canaccord Genuity Group boosted their price objective on SharkNinja from $185.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Oppenheimer increased their price objective on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, SharkNinja has a consensus rating of “Moderate Buy” and an average target price of $188.59.

SharkNinja Price Performance

Shares of NYSE SN opened at $188.90 on Friday. The stock has a market cap of $26.61 billion, a P/E ratio of 38.55, a P/E/G ratio of 2.24 and a beta of 1.21. The firm’s 50-day simple moving average is $151.55 and its 200 day simple moving average is $127.66. SharkNinja, Inc. has a fifty-two week low of $83.12 and a fifty-two week high of $191.22. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.65 billion. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. SharkNinja’s revenue was up 22.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Equities analysts expect that SharkNinja, Inc. will post 5.77 EPS for the current year.

Insider Buying and Selling at SharkNinja

In other news, insider Neil B. Shah sold 20,333 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $184.69, for a total value of $3,755,301.77. Following the completion of the sale, the insider directly owned 40,766 shares of the company’s stock, valued at approximately $7,529,072.54. This represents a 33.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate 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.