Janus Henderson Group PLC purchased a new position in SharkNinja, Inc. (NYSE:SN – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 69,458 shares of the company’s stock, valued at approximately $7,356,000.
A number of other large investors have also modified their holdings of SN. FIL Ltd grew its position in SharkNinja by 2.2% during the 4th quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock worth $253,836,000 after purchasing an additional 48,163 shares during the last quarter. Palestra Capital Management LLC raised its holdings in shares of SharkNinja by 10.3% in the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after buying an additional 130,121 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of SharkNinja by 39.3% during the second quarter. Alliancebernstein L.P. now owns 1,337,735 shares of the company’s stock worth $132,422,000 after buying an additional 377,544 shares during the period. Parsifal Capital Management LP purchased a new stake in shares of SharkNinja during the third quarter valued at $111,773,000. Finally, Morgan Stanley grew its holdings in shares of SharkNinja by 191.3% during the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after buying an additional 709,494 shares during the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.
Insider Buying and Selling at SharkNinja
In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 40.80% of the stock is currently owned by company insiders.
SharkNinja Stock Up 8.3%
SharkNinja (NYSE:SN – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.15. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the business earned $0.97 earnings per share. SharkNinja’s quarterly revenue was up 22.2% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, sell-side analysts predict that SharkNinja, Inc. will post 5.77 EPS for the current year.
SharkNinja News Roundup
Here are the key news stories impacting SharkNinja this week:
- Positive Sentiment: Second-quarter revenue increased 22.2% year over year to $1.77 billion, exceeding analysts’ $1.65 billion estimate. Earnings reached $1.26 per share versus the $1.11 consensus and $0.97 in the prior-year quarter. SharkNinja Reports Second Quarter 2026 Results
- Positive Sentiment: Management raised its fiscal 2026 outlook to adjusted EPS of $6.45–$6.55, above the $6.07 analyst consensus, and revenue of $7.4–$7.5 billion, above the $7.2 billion consensus. SharkNinja Raises Outlook After Sales Jump
- Positive Sentiment: Demand was described as broad-based, led by cooking appliances, beauty products and international markets. The earnings beat and improved guidance suggest SharkNinja’s innovation and global expansion initiatives are translating into stronger sales. SharkNinja beats June-quarter views amid hot device sales
- Neutral Sentiment: The stronger outlook improves earnings visibility, but the shares’ recent advance leaves SharkNinja trading at a relatively demanding valuation, with the provided price-to-earnings ratio near 37.
- Negative Sentiment: Despite robust sales, gross margin declined 30 basis points and adjusted gross margin fell 70 basis points. Net income also decreased 7.0% to $129.8 million, indicating that profitability is not growing as quickly as revenue. SharkNinja Reports Second Quarter 2026 Results
Analysts Set New Price Targets
A number of brokerages recently issued reports on SN. Bank of America raised their target price on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Oppenheimer raised their price objective on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Piper Sandler lifted their target price on SharkNinja from $150.00 to $181.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of SharkNinja from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $167.90.
Read Our Latest Stock Analysis on SN
SharkNinja 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.
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