Altshuler Shaham Ltd Increases Stock Position in SharkNinja, Inc. $SN

Altshuler Shaham Ltd raised its holdings in SharkNinja, Inc. (NYSE:SN) by 466.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,631 shares of the company’s stock after purchasing an additional 34,278 shares during the quarter. Altshuler Shaham Ltd’s holdings in SharkNinja were worth $4,659,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of SN. Parsifal Capital Management LP purchased a new stake in shares of SharkNinja during the 3rd quarter worth approximately $111,773,000. Munro Partners raised its position in shares of SharkNinja by 2,371.9% during the 4th quarter. Munro Partners now owns 784,586 shares of the company’s stock worth $87,795,000 after purchasing an additional 752,846 shares during the last quarter. Morgan Stanley raised its position in shares of SharkNinja by 191.3% during the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after purchasing an additional 709,494 shares during the last quarter. Evercore Wealth Management LLC acquired a new position in shares of SharkNinja during the 4th quarter worth approximately $60,164,000. Finally, Disciplined Growth Investors Inc. MN acquired a new position in shares of SharkNinja during the 2nd quarter worth approximately $46,048,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Down 1.8%

Shares of SharkNinja stock opened at $133.81 on Thursday. The company has a fifty day moving average price of $116.99 and a 200 day moving average price of $115.79. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. SharkNinja, Inc. has a twelve month low of $83.12 and a twelve month high of $139.58. The stock has a market cap of $18.94 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 1.83 and a beta of 1.34.

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

Analyst Ratings Changes

SN has been the subject of several research reports. Piper Sandler initiated coverage on SharkNinja in a research report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price objective for the company. Jefferies Financial Group restated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. JPMorgan Chase & Co. lifted their price objective on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, National Bank Financial set a $145.00 price objective on SharkNinja in a research report on Tuesday, March 17th. 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

Insiders Place Their Bets

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the company’s 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 completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 40.80% of the stock is currently owned by insiders.

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.