Natixis Advisors LLC Trims Stock Position in SharkNinja, Inc. $SN

Natixis Advisors LLC cut its position in shares of SharkNinja, Inc. (NYSE:SN) by 42.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 23,882 shares of the company’s stock after selling 17,708 shares during the quarter. Natixis Advisors LLC’s holdings in SharkNinja were worth $2,672,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its stake 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 purchasing an additional 126 shares during the period. Sunbelt Securities Inc. purchased a new position in SharkNinja during the third quarter worth about $46,000. Quarry LP purchased a new position in SharkNinja during the third quarter worth about $59,000. GAMMA Investing LLC raised its stake in SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after purchasing an additional 110 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in SharkNinja by 2,071.9% during the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after purchasing an additional 663 shares during the period. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Price Performance

Shares of SN opened at $128.56 on Wednesday. SharkNinja, Inc. has a 1-year low of $80.69 and a 1-year high of $133.99. The stock has a market cap of $18.19 billion, a PE ratio of 25.92, a P/E/G ratio of 1.59 and a beta of 1.34. The firm has a 50-day simple moving average of $113.51 and a two-hundred day simple moving average of $114.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62.

SharkNinja (NYSE:SN) last announced its quarterly 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 net margin of 10.70% and a return on equity of 29.07%. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the business earned $0.87 earnings per share. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Canaccord Genuity Group lifted their target price on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Guggenheim lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Piper Sandler started coverage on shares of SharkNinja in a research report on Tuesday. They set an “overweight” rating and a $150.00 price target for the company. JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Insider Buying and Selling at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company 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.