SharkNinja, Inc. $SN Shares Sold by Wolf Hill Capital Management LP

Wolf Hill Capital Management LP cut its stake in SharkNinja, Inc. (NYSE:SN) by 73.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 177,322 shares of the company’s stock after selling 489,597 shares during the period. SharkNinja accounts for approximately 2.2% of Wolf Hill Capital Management LP’s portfolio, making the stock its 11th largest position. Wolf Hill Capital Management LP’s holdings in SharkNinja were worth $19,842,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Allworth Financial LP boosted its position in shares of SharkNinja by 5.2% in the third quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock worth $200,000 after acquiring an additional 96 shares during the last quarter. Xponance LLC boosted its position in shares of SharkNinja by 1.9% in the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock worth $625,000 after acquiring an additional 106 shares during the last quarter. GAMMA Investing LLC lifted its position in SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after buying an additional 110 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in SharkNinja by 16.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 864 shares of the company’s stock valued at $97,000 after buying an additional 123 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after buying an additional 126 shares in 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 the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 40.80% of the company’s stock.

SharkNinja Trading Down 0.1%

Shares of SN stock opened at $133.73 on Monday. The stock has a market cap of $18.93 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.80 and a beta of 1.35. 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 fifty-two week low of $80.69 and a fifty-two week high of $138.00. The firm’s 50 day moving average price is $115.27 and its two-hundred day moving average price is $114.97.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the company posted $0.87 earnings per share. 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 anticipate that SharkNinja, Inc. will post 5.74 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. National Bank Financial set a $145.00 price target on shares of SharkNinja in a research report on Tuesday, March 17th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Canaccord Genuity Group lifted their price target on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, SharkNinja has an average rating of “Moderate Buy” and a consensus price target 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.