60,000 Shares in SharkNinja, Inc. $SN Purchased by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new position in shares of SharkNinja, Inc. (NYSE:SN) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $6,373,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. purchased a new stake in shares of SharkNinja during the 3rd quarter worth approximately $29,000. New York State Teachers Retirement System purchased a new position in SharkNinja in the 2nd quarter valued at approximately $43,000. TFC Financial Management Inc. acquired a new position in SharkNinja during the third quarter worth $55,000. EverSource Wealth Advisors LLC raised its holdings 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 last quarter. Finally, CWM LLC boosted its position in SharkNinja by 656.7% during the second quarter. CWM LLC now owns 787 shares of the company’s stock worth $78,000 after purchasing an additional 683 shares in the last quarter. 34.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. TD Cowen restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Weiss Ratings restated a “hold (c)” rating on shares of SharkNinja in a report on Monday, December 29th. Morgan Stanley set a $128.00 target price on shares of SharkNinja in a research report on Thursday, February 12th. Finally, Canaccord Genuity Group set a $160.00 price target on shares of SharkNinja in a report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $145.78.

SharkNinja Price Performance

NYSE:SN opened at $130.58 on Friday. The firm has a market cap of $18.43 billion, a price-to-earnings ratio of 26.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.41. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29. The company’s 50-day moving average is $120.05 and its two-hundred day moving average is $109.45. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $133.99.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. The business had revenue of $2.10 billion during 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 32.30%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Research analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current year.

SharkNinja Company 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.