First Dallas Securities Inc. Has $4.47 Million Stake in SharkNinja, Inc. $SN

First Dallas Securities Inc. raised its stake in SharkNinja, Inc. (NYSE:SN) by 26.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,960 shares of the company’s stock after buying an additional 8,335 shares during the quarter. SharkNinja accounts for about 1.7% of First Dallas Securities Inc.’s portfolio, making the stock its 14th largest position. First Dallas Securities Inc.’s holdings in SharkNinja were worth $4,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SN. Larson Financial Group LLC lifted its stake in SharkNinja by 64.3% in 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 during the period. Los Angeles Capital Management LLC acquired a new position in SharkNinja in the fourth quarter valued at about $38,000. Sunbelt Securities Inc. acquired a new position in SharkNinja in the third quarter valued at about $46,000. Quarry LP acquired a new position in SharkNinja in the third quarter valued at about $59,000. Finally, GAMMA Investing LLC lifted its stake in SharkNinja by 24.3% in 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 during the period. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Stock Up 8.7%

NYSE:SN opened at $128.56 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The company has a market cap of $18.19 billion, a PE ratio of 25.92, a PEG ratio of 1.59 and a beta of 1.34. SharkNinja, Inc. has a 52-week low of $80.69 and a 52-week high of $133.99. The stock has a 50-day simple moving average of $113.51 and a 200 day simple moving average of $114.00.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping 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%.SharkNinja’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period last year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, sell-side analysts expect that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Analyst Ratings Changes

SN has been the topic of several analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Piper Sandler started coverage on SharkNinja in a research report on Tuesday. They set an “overweight” rating and a $150.00 price target on the stock. National Bank Financial set a $145.00 price target on SharkNinja in a research report on Tuesday, March 17th. JPMorgan Chase & Co. raised their price target on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Guggenheim raised their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

Insider Activity

In related news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 40.80% of the company’s stock.

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.