Janus Henderson Group PLC Makes New $7.36 Million Investment in SharkNinja, Inc. $SN

Janus Henderson Group PLC purchased a new position in SharkNinja, Inc. (NYSE:SNFree 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%

Shares of SN opened at $182.07 on Thursday. The company has a market capitalization of $25.77 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 2.20 and a beta of 1.21. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $182.85. The stock’s 50-day moving average price is $143.91 and its 200-day moving average price is $125.09. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25.

SharkNinja (NYSE:SNGet 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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SharkNinja, Inc. (NYSE:SNFree Report).

Institutional Ownership by Quarter for SharkNinja (NYSE:SN)

Receive News & Ratings for SharkNinja Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharkNinja and related companies with MarketBeat.com's FREE daily email newsletter.