SharkNinja (NYSE:SN) Shares Gap Down – Time to Sell?

SharkNinja, Inc. (NYSE:SN)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $105.16, but opened at $100.81. SharkNinja shares last traded at $105.6580, with a volume of 166,806 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on SN shares. Oppenheimer upped their price target on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. TD Cowen reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Cantor Fitzgerald reiterated an “outperform” rating on shares of SharkNinja in a research note on Wednesday, December 17th. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Guggenheim 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, February 12th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, SharkNinja currently has a consensus rating of “Moderate Buy” and an average price target of $145.70.

SharkNinja Price Performance

The company’s 50-day moving average price is $118.85 and its two-hundred day moving average price is $108.55. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47. The company has a market capitalization of $15.20 billion, a P/E ratio of 21.79, a price-to-earnings-growth ratio of 1.31 and a beta of 1.39.

SharkNinja (NYSE:SN) last announced 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 net margin of 10.96% and a return on equity of 30.71%. SharkNinja’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, sell-side analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the sale, the chief financial officer directly owned 8,673 shares of the company’s stock, valued at approximately $991,844.28. This trade represents a 23.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Investors Weigh In On SharkNinja

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in shares of SharkNinja in the third quarter valued at about $29,000. Larson Financial Group LLC boosted its holdings in SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares during the period. Transamerica Financial Advisors LLC boosted its holdings in SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after purchasing an additional 248 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of SharkNinja during the fourth quarter worth approximately $38,000. Finally, Sunbelt Securities Inc. bought a new position in shares of SharkNinja during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

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.