Maven Securities LTD Buys New Stake in SharkNinja, Inc. $SN

Maven Securities LTD bought a new stake in shares of SharkNinja, Inc. (NYSE:SN) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 44,290 shares of the company’s stock, valued at approximately $6,744,000.

Several other hedge funds also recently bought and sold shares of SN. Utah Retirement Systems raised its holdings in shares of 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 acquiring an additional 98 shares during the last quarter. World Investment Advisors increased its position in SharkNinja by 4.6% during the 1st quarter. World Investment Advisors now owns 2,343 shares of the company’s stock worth $248,000 after purchasing an additional 103 shares in the last quarter. Xponance LLC increased its position in SharkNinja by 1.9% during the 4th quarter. Xponance LLC now owns 5,584 shares of the company’s stock worth $625,000 after purchasing an additional 106 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in SharkNinja by 16.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 864 shares of the company’s stock valued at $97,000 after purchasing an additional 123 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake 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 last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on SN. Piper Sandler restated an “overweight” rating and issued a $200.00 target price (up from $181.00) on shares of SharkNinja in a report on Thursday, August 6th. TD Cowen boosted their price objective on shares of SharkNinja from $160.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Bank of America upped their price objective on shares of SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded shares of SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Finally, JPMorgan Chase & Co. lifted their target price on shares of SharkNinja from $170.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $188.59.

Insider Activity at SharkNinja

In other news, insider Neil Shah sold 50,000 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total value of $9,318,000.00. Following the completion of the sale, the insider owned 497,220 shares of the company’s stock, valued at $92,661,919.20. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 100,000 shares of company stock worth $18,613,911 in the last 90 days. Insiders own 40.80% of the company’s stock.

SharkNinja Price Performance

Shares of SharkNinja stock opened at $175.34 on Wednesday. SharkNinja, Inc. has a twelve month low of $83.12 and a twelve month high of $194.54. The stock has a market capitalization of $24.70 billion, a P/E ratio of 35.78, a PEG ratio of 2.05 and a beta of 1.24. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The business’s fifty day moving average price is $168.02 and its 200 day moving average price is $135.20.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company earned $0.97 EPS. The firm’s revenue was up 22.2% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, research analysts anticipate that SharkNinja, Inc. will post 5.89 earnings per share for the current year.

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.