WINTON GROUP Ltd Purchases New Shares in SharkNinja, Inc. $SN

WINTON GROUP Ltd purchased a new position in SharkNinja, Inc. (NYSE:SN) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,174 shares of the company’s stock, valued at approximately $2,463,000.

Other hedge funds also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of SharkNinja in the first quarter worth approximately $27,000. Clearstead Trust LLC purchased a new stake in SharkNinja in the 2nd quarter worth about $30,000. Larson Financial Group LLC boosted its holdings 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 purchasing an additional 126 shares during the period. Transamerica Financial Advisors LLC boosted its stake 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 buying an additional 248 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in SharkNinja during the fourth quarter valued at $38,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the transaction, the insider directly owned 497,220 shares in the company, valued at approximately $92,661,919.20. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 100,000 shares of company stock worth $18,613,911 over the last ninety days. 40.80% of the stock is owned by corporate insiders.

SharkNinja Price Performance

SharkNinja stock opened at $161.30 on Friday. The stock has a market cap of $22.72 billion, a price-to-earnings ratio of 32.92, a P/E/G ratio of 1.92 and a beta of 1.24. 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 12-month low of $83.12 and a 12-month high of $194.54. The business’s 50-day simple moving average is $168.77 and its 200 day simple moving average is $135.90.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $1.65 billion. During the same quarter in the prior year, the company posted $0.97 earnings per share. 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.

Analyst Upgrades and Downgrades

SN has been the subject of several analyst reports. UBS Group reaffirmed a “buy” rating and issued a $219.10 price objective on shares of SharkNinja in a research note on Wednesday, August 12th. Bank of America increased their price objective on SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. lifted their target price on SharkNinja from $170.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. TD Cowen lifted their price target on shares of SharkNinja from $160.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded shares of SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $188.59.

SharkNinja Company Profile

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.