Aberdeen Group plc Sells 67,622 Shares of SharkNinja, Inc. $SN

Aberdeen Group plc decreased its position in SharkNinja, Inc. (NYSE:SN) by 20.8% during the third quarter, HoldingsChannel reports. The firm owned 257,195 shares of the company’s stock after selling 67,622 shares during the quarter. Aberdeen Group plc’s holdings in SharkNinja were worth $27,319,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in SharkNinja in the 3rd quarter valued at $29,000. New York State Teachers Retirement System acquired a new stake in shares of SharkNinja in the second quarter valued at about $43,000. TFC Financial Management Inc. acquired a new stake in shares of SharkNinja in the third quarter valued at about $55,000. EverSource Wealth Advisors LLC increased its stake in shares of SharkNinja by 2,071.9% in the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after purchasing an additional 663 shares during the period. Finally, CWM LLC lifted its position in shares of SharkNinja by 656.7% during the 2nd quarter. CWM LLC now owns 787 shares of the company’s stock worth $78,000 after purchasing an additional 683 shares during the last quarter. 34.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on SN. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SharkNinja in a report on Monday, December 29th. Canaccord Genuity Group set a $160.00 price objective on SharkNinja in a research report on Thursday, February 12th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Morgan Stanley set a $128.00 target price on shares of SharkNinja in a research note on Thursday, February 12th. Finally, Guggenheim raised their price target on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $145.78.

SharkNinja Stock Performance

Shares of NYSE SN opened at $131.43 on Wednesday. SharkNinja, Inc. has a one year low of $60.50 and a one year high of $133.99. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $119.14 and a 200 day simple moving average of $109.09. The firm has a market capitalization of $18.55 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.78 and a beta of 1.41.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 32.30%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Sell-side analysts expect that SharkNinja, Inc. will post 4.52 EPS 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.