SharkNinja, Inc. $SN Shares Acquired by Boothbay Fund Management LLC

Boothbay Fund Management LLC lifted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 11.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,922 shares of the company’s stock after acquiring an additional 17,971 shares during the quarter. SharkNinja comprises approximately 0.3% of Boothbay Fund Management LLC’s holdings, making the stock its 19th biggest holding. Boothbay Fund Management LLC’s holdings in SharkNinja were worth $19,462,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SN. Larson Financial Group LLC lifted its holdings in shares of SharkNinja by 64.3% during the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after acquiring an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after acquiring an additional 248 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of SharkNinja during the 4th quarter valued at $38,000. Sunbelt Securities Inc. acquired a new position in shares of SharkNinja during the 3rd quarter valued at $46,000. Finally, Quarry LP acquired a new position in shares of SharkNinja during the 3rd quarter valued at $59,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 6,923 shares of the 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 sale, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 40.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SN shares. National Bank Financial set a $145.00 target price on shares of SharkNinja in a report on Tuesday, March 17th. Piper Sandler started coverage on shares of SharkNinja in a report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, SharkNinja currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.

SharkNinja Price Performance

SN opened at $133.81 on Thursday. SharkNinja, Inc. has a 1-year low of $83.12 and a 1-year high of $139.58. The company has a 50-day moving average of $116.99 and a 200-day moving average of $115.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The company has a market capitalization of $18.94 billion, a P/E ratio of 26.98, a PEG ratio of 1.83 and a beta of 1.34.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. SharkNinja’s revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts expect that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

SharkNinja 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.