Calamos Advisors LLC Takes $3.60 Million Position in SharkNinja, Inc. $SN

Calamos Advisors LLC bought a new position in SharkNinja, Inc. (NYSE:SN) in the first quarter, HoldingsChannel.com reports. The fund bought 34,018 shares of the company’s stock, valued at approximately $3,603,000.

Several other hedge funds and other institutional investors have also modified their holdings of SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in SharkNinja in the first quarter valued at $27,000. Transamerica Financial Advisors LLC lifted its holdings in shares of SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after acquiring an additional 248 shares during the period. Larson Financial Group LLC lifted its holdings in shares of 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 acquiring an additional 126 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of SharkNinja in the 4th quarter valued at $38,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja in the 3rd quarter valued at $46,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

Shares of SN stock opened at $150.12 on Thursday. SharkNinja, Inc. has a 1 year low of $83.12 and a 1 year high of $154.29. The firm’s 50 day moving average is $129.53 and its 200-day moving average is $120.91. The firm has a market capitalization of $21.25 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 2.00 and a beta of 1.22. 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 quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share 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 analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Sell-side analysts forecast that SharkNinja, Inc. will post 5.76 EPS for the current fiscal year.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the firm’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 transaction, the chief financial officer directly owned 1,750 shares in the company, valued at $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 available at this link. 40.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SN has been the topic of several analyst reports. Canaccord Genuity Group upped their target price on shares of SharkNinja from $161.00 to $185.00 and gave the stock a “buy” rating in a report on Monday. Guggenheim lifted their price target on shares of SharkNinja from $145.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 6th. Oppenheimer boosted their price target on shares of SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Finally, Piper Sandler began coverage on shares of SharkNinja in a report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price objective for the company. One equities 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $159.90.

SharkNinja Profile

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.