5,557 SharkNinja, Inc. $SN Shares Purchased by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC increased its stake in SharkNinja, Inc. (NYSE:SN) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 145,282 shares of the company’s stock after purchasing an additional 5,557 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in SharkNinja were worth $26,168,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Toth Financial Advisory Corp increased its position in shares of SharkNinja by 1.9% during the third quarter. Toth Financial Advisory Corp now owns 8,471 shares of the company’s stock valued at $1,526,000 after buying an additional 161 shares during the period. Andra AP fonden bought a new stake in SharkNinja during the 2nd quarter worth approximately $2,181,000. Reynders McVeigh Capital Management LLC increased its holdings in SharkNinja by 10.9% during the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 172,607 shares of the company’s stock worth $26,283,000 after acquiring an additional 16,925 shares during the period. SkyView Investment Advisors LLC purchased a new stake in SharkNinja in the 2nd quarter worth approximately $228,000. Finally, Tidal Investments LLC grew its position in shares of SharkNinja by 25.1% during the 2nd quarter. Tidal Investments LLC now owns 73,873 shares of the company’s stock valued at $11,249,000 after purchasing an additional 14,803 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SN shares. Piper Sandler reaffirmed an “overweight” rating and issued a $200.00 price target (up from $181.00) on shares of SharkNinja in a report on Thursday, August 6th. Weiss Ratings upgraded SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 price target on shares of SharkNinja in a report on Thursday, August 6th. UBS Group reiterated a “buy” rating and set a $219.10 price target on shares of SharkNinja in a research report on Wednesday, August 12th. Finally, Bank of America boosted their price objective on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Twelve investment analysts have rated the stock with a Buy rating, According to MarketBeat, SharkNinja presently has an average rating of “Buy” and a consensus target price of $188.59.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total value of $9,318,000.00. Following the completion of the sale, the insider owned 497,220 shares in the company, valued at $92,661,919.20. The trade was a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 100,000 shares of company stock worth $18,613,911. Company insiders own 40.80% of the company’s stock.

SharkNinja Price Performance

NYSE:SN traded down $0.40 during midday trading on Thursday, hitting $184.79. The company had a trading volume of 994,756 shares, compared to its average volume of 1,856,602. The company has a market capitalization of $26.03 billion, a PE ratio of 37.71, a P/E/G ratio of 2.18 and a beta of 1.27. 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 $194.54. The stock’s fifty day moving average price is $177.90 and its 200-day moving average price is $144.53.

SharkNinja (NYSE:SN) last released 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. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter last year, the business posted $0.97 earnings per share. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, research analysts expect that SharkNinja, Inc. will post 5.89 earnings per share for the current year.

SharkNinja Company Profile

SharkNinja, Inc is a global product design and technology company that develops consumer appliances and household products under the Shark and Ninja brands. Its portfolio includes vacuum cleaners, cordless and robot cleaning systems, steam mops, air purifiers, and other home-care products, as well as blenders, food processors, air fryers, coffee makers, cookware, and other kitchen appliances.

The company also offers products in categories such as beauty and personal care, including hair-styling tools.