Voss Capital LP Sells 28,126 Shares of SharkNinja, Inc. $SN

Voss Capital LP lowered its position in SharkNinja, Inc. (NYSE:SN) by 4.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 547,500 shares of the company’s stock after selling 28,126 shares during the period. SharkNinja comprises about 2.7% of Voss Capital LP’s portfolio, making the stock its 11th largest holding. Voss Capital LP’s holdings in SharkNinja were worth $56,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Versor Investments LP lifted its holdings in SharkNinja by 386.0% during the third quarter. Versor Investments LP now owns 18,921 shares of the company’s stock worth $1,952,000 after acquiring an additional 15,028 shares during the period. Nixon Capital LLC boosted its holdings in shares of SharkNinja by 12.8% in the 3rd quarter. Nixon Capital LLC now owns 159,874 shares of the company’s stock worth $16,491,000 after buying an additional 18,184 shares during the last quarter. Eisler Capital Management Ltd. grew its position in SharkNinja by 20.3% during the second quarter. Eisler Capital Management Ltd. now owns 39,053 shares of the company’s stock valued at $3,866,000 after buying an additional 6,592 shares during the period. SG Americas Securities LLC bought a new stake in SharkNinja in the third quarter worth about $2,608,000. Finally, Magnetar Financial LLC purchased a new position in SharkNinja in the third quarter valued at about $2,859,000. Institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on SN shares. Bank of America upped their price objective on SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. upped their price objective on shares of SharkNinja from $126.00 to $142.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Guggenheim lifted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Canaccord Genuity Group set a $160.00 price target on shares of SharkNinja in a research report on Thursday, February 12th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, SharkNinja presently has an average rating of “Moderate Buy” and an average price target of $145.70.

Insider Buying and Selling

In other news, CFO Adam Quigley sold 2,620 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the transaction, the chief financial officer directly owned 8,673 shares in the company, valued at $991,844.28. The trade was a 23.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

SharkNinja Stock Performance

NYSE:SN opened at $105.24 on Wednesday. The business’s fifty day moving average is $120.39 and its 200 day moving average is $109.01. The firm has a market cap of $14.86 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 1.37 and a beta of 1.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04. SharkNinja, Inc. has a 52-week low of $60.50 and a 52-week high of $133.99.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Research analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current year.

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.