Apis Capital Advisors LLC Purchases 12,400 Shares of SharkNinja, Inc. $SN

Apis Capital Advisors LLC grew its holdings in SharkNinja, Inc. (NYSE:SN) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 210,000 shares of the company’s stock after acquiring an additional 12,400 shares during the period. SharkNinja comprises about 4.1% of Apis Capital Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Apis Capital Advisors LLC’s holdings in SharkNinja were worth $23,499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Transamerica Financial Advisors LLC lifted its stake in SharkNinja by 459.3% in the 4th 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. Larson Financial Group LLC lifted its stake in SharkNinja by 64.3% in the 3rd 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. Los Angeles Capital Management LLC purchased a new position in SharkNinja in the 4th quarter worth approximately $38,000. Sunbelt Securities Inc. purchased a new position in SharkNinja in the 3rd quarter worth approximately $46,000. Finally, GAMMA Investing LLC lifted its stake in SharkNinja by 24.3% in the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after purchasing an additional 110 shares in the last quarter. 34.77% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction that occurred on Friday, May 8th. The shares were 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 in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 40.80% of the company’s stock.

SharkNinja Stock Down 1.8%

SN stock opened at $133.81 on Thursday. The firm has a market cap of $18.94 billion, a PE ratio of 26.98, a PEG ratio of 1.83 and a beta of 1.34. 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 firm’s 50 day moving average price is $116.99 and its 200-day moving average price is $115.79. SharkNinja, Inc. has a one year low of $83.12 and a one year high of $139.58.

SharkNinja (NYSE:SN) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the company 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, equities research analysts anticipate that SharkNinja, Inc. will post 5.74 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on SN. JPMorgan Chase & Co. raised their target price on shares of SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. National Bank Financial set a $145.00 target price on shares of SharkNinja in a research note on Tuesday, March 17th. Finally, Canaccord Genuity Group raised their target price on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, 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.