Landscape Capital Management L.L.C. Makes New Investment in SharkNinja, Inc. $SN

Landscape Capital Management L.L.C. bought a new position in SharkNinja, Inc. (NYSE:SN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 53,290 shares of the company’s stock, valued at approximately $5,963,000.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares during the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of SharkNinja during the fourth quarter valued at approximately $38,000. Sunbelt Securities Inc. bought a new stake in shares of SharkNinja during the third quarter valued at approximately $46,000. Finally, Quarry LP bought a new stake in shares of SharkNinja during the third quarter valued at approximately $59,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

NYSE SN opened at $133.73 on Friday. SharkNinja, Inc. has a 12 month low of $80.69 and a 12 month high of $138.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The firm has a market capitalization of $18.93 billion, a PE ratio of 26.96, a P/E/G ratio of 1.80 and a beta of 1.34. The company’s 50 day simple moving average is $115.27 and its 200 day simple moving average is $114.78.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 EPS 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 for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter 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, equities research analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Analyst Ratings Changes

SN has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Canaccord Genuity Group lifted their price target on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 4th. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. raised their price objective on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Piper Sandler initiated coverage on shares of SharkNinja in a research note on Tuesday. They set an “overweight” rating and a $150.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Insider Activity at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the transaction, the chief financial officer owned 1,750 shares in the company, valued at $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 40.80% of the stock is owned by corporate insiders.

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.