Vaughan Nelson Investment Management L.P. Purchases 65,345 Shares of SharkNinja, Inc. $SN

Vaughan Nelson Investment Management L.P. grew its position in shares of SharkNinja, Inc. (NYSE:SN) by 27.2% during the fourth quarter, Holdings Channel reports. The fund owned 305,155 shares of the company’s stock after purchasing an additional 65,345 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in SharkNinja were worth $34,147,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new position in shares of SharkNinja in the 3rd quarter valued at approximately $29,000. 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 worth $33,000 after purchasing an additional 126 shares during the period. Sunbelt Securities Inc. bought a new position in SharkNinja in the third quarter worth $46,000. TFC Financial Management Inc. purchased a new position in SharkNinja during the third quarter valued at $55,000. Finally, Quarry LP purchased a new position in SharkNinja during the third quarter valued at $59,000. Institutional investors own 34.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Guggenheim upped their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Jefferies Financial Group restated a “buy” rating and issued a $200.00 price objective on shares of SharkNinja in a report on Wednesday, February 11th. Cantor Fitzgerald reiterated an “outperform” rating on shares of SharkNinja in a report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of SharkNinja in a research report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.70.

Insider Activity at SharkNinja

In related news, CFO Adam Quigley sold 2,620 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the sale, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. This trade represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

SharkNinja Price Performance

Shares of NYSE:SN opened at $97.58 on Tuesday. The company has a market capitalization of $13.78 billion, a PE ratio of 19.75, a PEG ratio of 1.36 and a beta of 1.39. The business has a fifty day moving average price of $116.65 and a 200-day moving average price of $108.14. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $133.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47.

SharkNinja (NYSE:SN) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. SharkNinja’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, equities analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current fiscal 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.