SharkNinja, Inc. $SN Stock Holdings Increased by Reynders McVeigh Capital Management LLC

Reynders McVeigh Capital Management LLC boosted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 10.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 172,607 shares of the company’s stock after purchasing an additional 16,925 shares during the period. SharkNinja makes up approximately 1.1% of Reynders McVeigh Capital Management LLC’s holdings, making the stock its 25th biggest position. Reynders McVeigh Capital Management LLC owned about 0.12% of SharkNinja worth $26,283,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SN. Voss Capital LP boosted its stake in shares of SharkNinja by 75.2% during the 4th quarter. Voss Capital LP now owns 958,952 shares of the company’s stock worth $107,307,000 after acquiring an additional 411,452 shares in the last quarter. WCM Investment Management LLC raised its position in shares of SharkNinja by 4.3% during the first quarter. WCM Investment Management LLC now owns 793,063 shares of the company’s stock worth $77,419,000 after purchasing an additional 32,524 shares during the period. Munro Partners lifted its holdings in shares of SharkNinja by 2,371.9% during the fourth quarter. Munro Partners now owns 784,586 shares of the company’s stock valued at $87,795,000 after purchasing an additional 752,846 shares during the last quarter. Blue Grotto Capital LLC boosted its position in shares of SharkNinja by 71.9% in the 4th quarter. Blue Grotto Capital LLC now owns 705,556 shares of the company’s stock valued at $78,952,000 after purchasing an additional 295,060 shares during the period. Finally, Evercore Wealth Management LLC increased its stake in SharkNinja by 24.7% in the 1st quarter. Evercore Wealth Management LLC now owns 670,411 shares of the company’s stock worth $70,997,000 after purchasing an additional 132,749 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction on Wednesday, August 26th. The shares were 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 approximately $92,661,919.20. The trade was a 9.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 100,000 shares of company stock worth $18,613,911. 40.80% of the stock is currently owned by company insiders.

SharkNinja Stock Down 1.2%

Shares of NYSE:SN traded down $2.08 during trading on Tuesday, reaching $167.54. 1,929,860 shares of the company traded hands, compared to its average volume of 1,853,487. The firm has a fifty day simple moving average of $169.52 and a 200 day simple moving average of $136.55. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. SharkNinja, Inc. has a 1-year low of $83.12 and a 1-year high of $194.54. The firm has a market cap of $23.60 billion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on SN shares. Weiss Ratings raised shares of SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Oppenheimer upped their price target on shares of SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. UBS Group reiterated a “buy” rating and set a $219.10 price objective on shares of SharkNinja in a research report on Wednesday, August 12th. The Goldman Sachs Group reissued a “buy” rating and set a $204.00 target price on shares of SharkNinja in a research note on Thursday, August 6th. Finally, 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. Twelve equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $188.59.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances and household products. Its portfolio is organized primarily around the Shark and Ninja brands, which are sold through retailers, e-commerce channels and other distribution partners.

Shark products include vacuum cleaners, floor-care systems, air purifiers, beauty appliances and other home-cleaning solutions. Ninja products include blenders, food processors, air fryers, coffee and beverage systems, cookware, ovens, grills and other kitchen appliances.