BW Gestao de Investimentos Ltda. Invests $10.91 Million in SharkNinja, Inc. $SN

BW Gestao de Investimentos Ltda. purchased a new position in SharkNinja, Inc. (NYSE:SN) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 97,472 shares of the company’s stock, valued at approximately $10,907,000.

A number of other large investors have also bought and sold shares of SN. Parsifal Capital Management LP acquired a new stake in SharkNinja in the third quarter worth $111,773,000. Disciplined Growth Investors Inc. MN acquired a new stake in SharkNinja in the second quarter worth $46,048,000. Qube Research & Technologies Ltd acquired a new stake in SharkNinja in the third quarter worth $46,772,000. Ameriprise Financial Inc. grew its holdings in SharkNinja by 451.6% in the second quarter. Ameriprise Financial Inc. now owns 486,297 shares of the company’s stock worth $48,139,000 after purchasing an additional 398,141 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in SharkNinja by 39.3% in the second quarter. Alliancebernstein L.P. now owns 1,337,735 shares of the company’s stock worth $132,422,000 after purchasing an additional 377,544 shares during the period. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SN shares. National Bank Financial set a $145.00 price target on shares of SharkNinja in a report on Tuesday, March 17th. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a report on Thursday, February 12th. Canaccord Genuity Group raised their price target on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Finally, Guggenheim lifted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, SharkNinja has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

SharkNinja Stock Up 0.4%

SN opened at $122.36 on Tuesday. The firm has a market capitalization of $17.32 billion, a P/E ratio of 24.67, a PEG ratio of 1.64 and a beta of 1.37. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. SharkNinja, Inc. has a fifty-two week low of $80.69 and a fifty-two week high of $133.99. The company’s 50-day moving average is $111.37 and its 200 day moving average is $112.57.

SharkNinja (NYSE:SN) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $1.41 billion for 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%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Research analysts expect that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Insider Buying and Selling

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the sale, the chief financial officer owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 11.12% of the company’s stock.

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.