Adam Quigley Sells 6,923 Shares of SharkNinja (NYSE:SN) Stock

SharkNinja, Inc. (NYSE:SN) CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Adam Quigley also recently made the following trade(s):

• On Wednesday, March 4th, Adam Quigley sold 2,620 shares of SharkNinja stock. The stock was sold at an average price of $114.36, for a total value of $299,623.20.

SharkNinja Stock Down 5.0%

NYSE SN opened at $102.98 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The company has a market capitalization of $14.57 billion, a P/E ratio of 20.76, a P/E/G ratio of 1.44 and a beta of 1.37. SharkNinja, Inc. has a one year low of $80.69 and a one year high of $133.99. The stock has a 50 day moving average price of $110.20 and a 200-day moving average price of $110.62.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the firm posted $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities analysts predict that SharkNinja, Inc. will post 5.81 EPS for the current fiscal year.

Institutional Investors Weigh In On SharkNinja

Several institutional investors have recently made changes to their positions in the company. Allworth Financial LP raised its position in SharkNinja by 5.2% in the 3rd quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock worth $200,000 after purchasing an additional 96 shares during the period. Utah Retirement Systems lifted its stake in SharkNinja by 2.3% in the fourth quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock worth $494,000 after purchasing an additional 98 shares during the last quarter. World Investment Advisors boosted its position in shares of SharkNinja by 4.6% during the first quarter. World Investment Advisors now owns 2,343 shares of the company’s stock valued at $248,000 after buying an additional 103 shares during the period. Xponance LLC boosted its position in shares of SharkNinja by 1.9% during the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock valued at $625,000 after buying an additional 106 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after buying an additional 110 shares during the last quarter. Institutional investors own 34.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SN. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Oppenheimer lifted their price target on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Guggenheim upped their price objective on SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Canaccord Genuity Group lifted their target price on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $150.00.

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.