SG Americas Securities LLC Has $3.62 Million Stock Holdings in SharkNinja, Inc. $SN

SG Americas Securities LLC lifted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 28.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,353 shares of the company’s stock after purchasing an additional 7,074 shares during the period. SG Americas Securities LLC’s holdings in SharkNinja were worth $3,620,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SN. Versor Investments LP boosted its holdings in shares of SharkNinja by 386.0% during the 3rd quarter. Versor Investments LP now owns 18,921 shares of the company’s stock worth $1,952,000 after buying an additional 15,028 shares in the last quarter. Nixon Capital LLC increased its stake in shares of SharkNinja by 12.8% in the 3rd quarter. Nixon Capital LLC now owns 159,874 shares of the company’s stock valued at $16,491,000 after acquiring an additional 18,184 shares in the last quarter. Magnetar Financial LLC acquired a new position in shares of SharkNinja during the 3rd quarter valued at $2,859,000. Waratah Capital Advisors Ltd. lifted its position in shares of SharkNinja by 84.1% during the 3rd quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock valued at $31,578,000 after acquiring an additional 139,858 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in SharkNinja by 76.9% during the third quarter. Envestnet Asset Management Inc. now owns 29,729 shares of the company’s stock worth $3,067,000 after acquiring an additional 12,922 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Oppenheimer raised their price target on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Jefferies Financial Group reissued a “buy” rating and set a $200.00 price objective on shares of SharkNinja in a research report on Wednesday, February 11th. National Bank Financial set a $145.00 target price on SharkNinja in a research note on Tuesday, March 17th. TD Cowen reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Finally, Morgan Stanley set a $128.00 price target on SharkNinja in a research note on Thursday, February 12th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $145.70.

SharkNinja Stock Performance

SN stock opened at $104.48 on Friday. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. The firm has a market cap of $14.76 billion, a PE ratio of 21.15, a P/E/G ratio of 1.42 and a beta of 1.54. The business has a 50 day moving average of $115.58 and a 200-day moving average of $108.05. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $133.99.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the company posted $1.40 earnings per share. SharkNinja’s quarterly revenue was up 17.6% compared to the same quarter last year. 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 earnings per share for the current year.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction 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 sale, 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 SEC, which is available at this hyperlink. 11.12% of the stock is owned by insiders.

About SharkNinja

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.