GW&K Investment Management LLC Has $14.02 Million Stock Position in SharkNinja, Inc. $SN

GW&K Investment Management LLC lowered its stake in shares of SharkNinja, Inc. (NYSE:SN) by 43.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,892 shares of the company’s stock after selling 102,368 shares during the period. GW&K Investment Management LLC owned about 0.10% of SharkNinja worth $14,017,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new position in shares of SharkNinja in the third quarter worth $29,000. TFC Financial Management Inc. acquired a new stake in shares of SharkNinja during the 3rd quarter valued at about $55,000. EverSource Wealth Advisors LLC lifted its holdings in shares of SharkNinja by 2,071.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock valued at $69,000 after buying an additional 663 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of SharkNinja in the 3rd quarter valued at approximately $97,000. Finally, Allworth Financial LP grew its stake in shares of SharkNinja by 495.5% in the 2nd quarter. Allworth Financial LP now owns 1,840 shares of the company’s stock valued at $182,000 after buying an additional 1,531 shares in the last quarter. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on SN. Cantor Fitzgerald reiterated an “outperform” rating on shares of SharkNinja in a research note on Wednesday, December 17th. Jefferies Financial Group restated a “buy” rating and set a $200.00 price target on shares of SharkNinja in a report on Wednesday, February 11th. Bank of America lifted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. TD Cowen reissued a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Finally, Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a report on Thursday, February 12th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $145.78.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 2,620 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the sale, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. The trade was a 23.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.12% of the stock is currently owned by corporate insiders.

SharkNinja Stock Performance

Shares of NYSE SN opened at $111.05 on Friday. The firm has a market capitalization of $15.68 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 1.52 and a beta of 1.39. SharkNinja, Inc. has a one year low of $60.50 and a one year high of $133.99. The business has a fifty day simple moving average of $121.39 and a 200 day simple moving average of $109.69. The company has a current ratio of 2.04, a quick ratio of 1.26 and a debt-to-equity ratio of 0.26.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Sell-side 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.