First Dallas Securities Inc. Buys 8,335 Shares of SharkNinja, Inc. $SN

First Dallas Securities Inc. raised its stake in SharkNinja, Inc. (NYSE:SN) by 26.4% in the fourth quarter, Holdings Channel reports. The firm owned 39,960 shares of the company’s stock after acquiring an additional 8,335 shares during the quarter. SharkNinja comprises approximately 1.7% of First Dallas Securities Inc.’s investment portfolio, making the stock its 14th biggest position. First Dallas Securities Inc.’s holdings in SharkNinja were worth $4,472,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SN. Larson Financial Group LLC grew its stake in SharkNinja by 64.3% in the third 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. Los Angeles Capital Management LLC bought a new position in SharkNinja in the fourth quarter valued at approximately $38,000. Sunbelt Securities Inc. bought a new position in SharkNinja in the third quarter valued at approximately $46,000. Quarry LP bought a new position in SharkNinja in the third quarter valued at approximately $59,000. Finally, GAMMA Investing LLC grew its stake in SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after purchasing an additional 110 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SN has been the subject of a number of analyst reports. Canaccord Genuity Group raised their price target on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Monday, May 4th. National Bank Financial set a $145.00 target price on SharkNinja in a research note on Tuesday, March 17th. JPMorgan Chase & Co. lifted 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. Guggenheim lifted their target price on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Nine equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, SharkNinja presently has an average rating of “Moderate Buy” and an average target price of $150.00.

SharkNinja Stock Performance

NYSE:SN opened at $128.56 on Wednesday. The stock has a market cap of $18.19 billion, a P/E ratio of 25.92, a PEG ratio of 1.59 and a beta of 1.34. The stock has a 50 day simple moving average of $113.51 and a 200 day simple moving average of $114.00. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. SharkNinja, Inc. has a 1-year low of $80.69 and a 1-year high of $133.99.

SharkNinja (NYSE:SN) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the firm posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Research analysts anticipate that SharkNinja, Inc. will post 5.74 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction that occurred 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 sale, the chief financial officer directly 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 transaction was disclosed in a document filed with the SEC, which is accessible 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.