SharkNinja, Inc. $SN Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 35.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,185 shares of the company’s stock after acquiring an additional 3,470 shares during the quarter. Quantinno Capital Management LP’s holdings in SharkNinja were worth $1,396,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada boosted its holdings in SharkNinja by 21.8% in the first quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock valued at $5,995,000 after purchasing an additional 12,851 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in SharkNinja during the 1st quarter worth approximately $369,000. Goldman Sachs Group Inc. increased its holdings in SharkNinja by 169.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock worth $42,147,000 after purchasing an additional 317,730 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock valued at $4,238,000 after purchasing an additional 3,632 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of SharkNinja in the 1st quarter valued at approximately $656,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Trading Up 1.5%

NYSE:SN opened at $188.90 on Friday. The company has a market cap of $26.61 billion, a PE ratio of 38.55, a P/E/G ratio of 2.24 and a beta of 1.21. The business’s 50 day moving average is $151.55 and its two-hundred day moving average is $127.66. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $191.22.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.The business’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, analysts predict that SharkNinja, Inc. will post 5.77 EPS for the current year.

Insiders Place Their Bets

In other SharkNinja news, insider Neil B. Shah sold 20,333 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $184.69, for a total transaction of $3,755,301.77. Following the completion of the sale, the insider owned 40,766 shares in the company, valued at $7,529,072.54. The trade was a 33.28% decrease in their ownership of the stock. 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 insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SN shares. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Guggenheim upped their price target on shares of SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating and set a $200.00 price objective (up from $181.00) on shares of SharkNinja in a research note on Thursday, August 6th. TD Cowen increased their price objective on shares of SharkNinja from $160.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, SharkNinja has an average rating of “Moderate Buy” and an average target price of $188.59.

SharkNinja Company 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.