SharkNinja (NYSE:SN) CFO Adam Quigley Sells 6,923 Shares of Stock

SharkNinja, Inc. (NYSE:SN) CFO Adam Quigley sold 6,923 shares of the company’s 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. This represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Adam Quigley also recently made the following trade(s):

• On Wednesday, March 4th, Adam Quigley sold 2,620 shares of SharkNinja stock. The stock was sold at an average price of $114.36, for a total value of $299,623.20.

SharkNinja Price Performance

Shares of SN stock opened at $108.56 on Wednesday. SharkNinja, Inc. has a twelve month low of $80.69 and a twelve month high of $133.99. The stock has a market capitalization of $15.36 billion, a price-to-earnings ratio of 21.89, a P/E/G ratio of 1.42 and a beta of 1.37. The stock has a fifty day simple moving average of $110.55 and a two-hundred day simple moving average of $110.58. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the business earned $0.87 EPS. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, analysts predict that SharkNinja, Inc. will post 5.81 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Bank of America upped their target price on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Morgan Stanley set a $128.00 price objective on SharkNinja in a research note on Thursday, February 12th. JPMorgan Chase & Co. upped their price objective on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. National Bank Financial set a $145.00 price objective on SharkNinja in a research note on Tuesday, March 17th. Finally, Oppenheimer upped their price objective on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, SharkNinja currently has an average rating of “Moderate Buy” and an average target price of $150.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of SharkNinja in the first quarter valued at about $27,000. Geneos Wealth Management Inc. purchased a new position in SharkNinja during the third quarter worth approximately $29,000. Larson Financial Group LLC boosted its position in SharkNinja by 64.3% during 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 in the last quarter. Transamerica Financial Advisors LLC boosted its position in SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after purchasing an additional 248 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in SharkNinja during the fourth quarter worth approximately $38,000. 34.77% of the stock is owned by institutional investors and hedge funds.

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.