Fairvoy Private Wealth LLC Acquires 6,802 Shares of SharkNinja, Inc. $SN

Fairvoy Private Wealth LLC acquired a new stake in SharkNinja, Inc. (NYSE:SN) in the 3rd quarter, Holdings Channel reports. The fund acquired 6,802 shares of the company’s stock, valued at approximately $1,225,000.

Several other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc increased its position in shares of SharkNinja by 108.2% during the third quarter. IFP Advisors Inc now owns 177 shares of the company’s stock worth $32,000 after purchasing an additional 92 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in shares of SharkNinja in the 3rd quarter valued at about $269,000. Vontobel Holding Ltd. lifted its holdings in shares of SharkNinja by 8.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 13,953 shares of the company’s stock valued at $2,513,000 after purchasing an additional 1,029 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of SharkNinja in the 3rd quarter valued at about $527,000. Finally, State of Alaska Department of Revenue boosted its position in shares of SharkNinja by 13.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 7,874 shares of the company’s stock valued at $1,418,000 after purchasing an additional 940 shares during the period. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on SN shares. TD Cowen upped their target price on SharkNinja from $160.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Bank of America lifted their price target on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price target on SharkNinja from $207.00 to $223.00 and gave the stock an “overweight” rating in a research report on Monday. Canaccord Genuity Group boosted their price objective on SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Guggenheim increased their price objective on SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $189.92.

Insider Activity at SharkNinja

In other news, insider Neil Shah sold 50,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the sale, the insider owned 497,220 shares in the company, valued at approximately $92,661,919.20. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 100,000 shares of company stock valued at $18,613,911 over the last three months. 40.80% of the stock is currently owned by corporate insiders.

SharkNinja Stock Performance

NYSE:SN traded up $2.70 during trading hours on Monday, reaching $189.21. 769,909 shares of the company’s stock were exchanged, compared to its average volume of 1,831,313. The firm has a market capitalization of $26.65 billion, a price-to-earnings ratio of 38.62, a P/E/G ratio of 2.21 and a beta of 1.27. The company has a 50-day moving average of $179.81 and a 200 day moving average of $148.67. 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 $196.35.

SharkNinja (NYSE:SN) last issued 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. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.65 billion. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. SharkNinja’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Research analysts anticipate that SharkNinja, Inc. will post 5.89 EPS for the current year.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company’s portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.