SharkNinja (NYSE:SN) CFO Adam Quigley Sells 2,620 Shares of Stock

SharkNinja, Inc. (NYSE:SN) CFO Adam Quigley sold 2,620 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the transaction, the chief financial officer owned 8,673 shares in the company, valued at $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

SharkNinja Stock Down 2.7%

Shares of NYSE SN traded down $3.10 during trading hours on Friday, hitting $110.90. 514,741 shares of the stock were exchanged, compared to its average volume of 1,611,222. The firm has a fifty day moving average price of $121.44 and a 200-day moving average price of $109.75. The company has a quick ratio of 1.26, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. The company has a market cap of $15.66 billion, a PE ratio of 22.46, a PEG ratio of 1.53 and a beta of 1.39. SharkNinja, Inc. has a 12 month low of $60.50 and a 12 month high of $133.99.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the firm earned $1.40 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, sell-side analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current year.

Institutional Investors Weigh In On SharkNinja

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new position in SharkNinja in the third quarter worth about $29,000. Transamerica Financial Advisors LLC increased its stake in shares of SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares during the period. Larson Financial Group LLC raised its position in shares of SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in SharkNinja in the fourth quarter valued at approximately $38,000. Finally, Sunbelt Securities Inc. acquired a new stake in SharkNinja during the 3rd quarter valued at approximately $46,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SN shares. Cantor Fitzgerald reaffirmed an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of SharkNinja in a report on Monday, December 29th. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Bank of America increased their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, TD Cowen restated a “buy” rating on shares of SharkNinja in a research note on Wednesday, January 14th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $145.78.

About SharkNinja

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.