Clal Insurance Enterprises Holdings Ltd Purchases New Holdings in SharkNinja, Inc. $SN

Clal Insurance Enterprises Holdings Ltd purchased a new stake in SharkNinja, Inc. (NYSE:SN) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 438,000 shares of the company’s stock, valued at approximately $49,012,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Waratah Capital Advisors Ltd. lifted its stake in SharkNinja by 84.1% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock valued at $31,578,000 after buying an additional 139,858 shares in the last quarter. Wealth High Governance Capital Ltda purchased a new position in SharkNinja in the 4th quarter worth approximately $17,072,000. Dorsal Capital Management LP lifted its stake in SharkNinja by 14.7% in the 3rd quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock worth $100,571,000 after purchasing an additional 125,000 shares in the last quarter. Magnetar Financial LLC purchased a new position in SharkNinja in the 3rd quarter worth approximately $2,859,000. Finally, Envestnet Asset Management Inc. lifted its stake in SharkNinja by 76.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 29,729 shares of the company’s stock worth $3,067,000 after purchasing an additional 12,922 shares in the last quarter. 34.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 1,750 shares in the company, valued at $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 40.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on SN shares. National Bank Financial set a $145.00 target price on shares of SharkNinja in a research note on Tuesday, March 17th. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Oppenheimer lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

SharkNinja Stock Down 1.4%

SN stock opened at $133.73 on Friday. The firm has a market cap of $18.93 billion, a PE ratio of 26.96, a PEG ratio of 1.82 and a beta of 1.34. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. SharkNinja, Inc. has a one year low of $80.69 and a one year high of $138.00. The firm’s 50 day moving average price is $115.27 and its 200-day moving average price is $114.78.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities research analysts anticipate that SharkNinja, Inc. will post 5.74 EPS for the current year.

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.