SharkNinja, Inc. $SN Shares Bought by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. raised its stake in SharkNinja, Inc. (NYSE:SN) by 93.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 175,700 shares of the company’s stock after acquiring an additional 85,000 shares during the quarter. Schwartz Investment Counsel Inc. owned approximately 0.12% of SharkNinja worth $19,661,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Alliancebernstein L.P. raised its holdings in shares of SharkNinja by 13.2% in the third quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after acquiring an additional 176,104 shares during the last quarter. Palestra Capital Management LLC raised its holdings in shares of SharkNinja by 10.3% in the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after acquiring an additional 130,121 shares during the last quarter. Parsifal Capital Management LP acquired a new position in shares of SharkNinja in the third quarter worth $111,773,000. Dorsal Capital Management LP raised its holdings in shares of SharkNinja by 14.7% in the third quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock worth $100,571,000 after acquiring an additional 125,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of SharkNinja by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 941,602 shares of the company’s stock worth $97,166,000 after acquiring an additional 21,976 shares during the last quarter. 34.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the sale, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SharkNinja Price Performance

Shares of NYSE:SN opened at $108.56 on Wednesday. The company has a market cap of $15.36 billion, a P/E ratio of 21.89, a P/E/G ratio of 1.42 and a beta of 1.37. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. SharkNinja, Inc. has a 52 week low of $80.69 and a 52 week high of $133.99. The business has a fifty day simple moving average of $110.55 and a 200-day simple moving average of $110.58.

SharkNinja (NYSE:SN) last announced 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. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The business’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities research analysts forecast that SharkNinja, Inc. will post 5.81 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Guggenheim boosted their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. TD Cowen reissued a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Bank of America boosted their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Oppenheimer boosted their price target on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Finally, Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, SharkNinja currently has a consensus rating of “Moderate Buy” and an average target price of $150.00.

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.