Apis Capital Advisors LLC Grows Stake in SharkNinja, Inc. $SN

Apis Capital Advisors LLC grew its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 210,000 shares of the company’s stock after buying an additional 12,400 shares during the quarter. SharkNinja accounts for about 4.1% of Apis Capital Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Apis Capital Advisors LLC owned 0.15% of SharkNinja worth $23,499,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Altshuler Shaham Ltd grew its stake in shares of SharkNinja by 466.2% during the fourth quarter. Altshuler Shaham Ltd now owns 41,631 shares of the company’s stock valued at $4,659,000 after buying an additional 34,278 shares during the last quarter. FACT Capital LP bought a new position in shares of SharkNinja during the fourth quarter valued at approximately $2,459,000. Schonfeld Strategic Advisors LLC grew its stake in shares of SharkNinja by 16.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 52,320 shares of the company’s stock valued at $5,855,000 after buying an additional 7,317 shares during the last quarter. PDT Partners LLC bought a new position in shares of SharkNinja during the fourth quarter valued at approximately $1,982,000. Finally, AQR Capital Management LLC grew its stake in shares of SharkNinja by 102.8% during the fourth quarter. AQR Capital Management LLC now owns 116,303 shares of the company’s stock valued at $13,014,000 after buying an additional 58,958 shares during the last quarter. Institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

NYSE:SN opened at $133.81 on Thursday. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $139.58. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $18.94 billion, a PE ratio of 26.98, a price-to-earnings-growth ratio of 1.83 and a beta of 1.34. The stock’s 50-day moving average price is $116.99 and its 200-day moving average price is $115.79.

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

Insider Transactions at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the sale, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. The trade was a 79.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 40.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler began coverage on SharkNinja in a research note on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 target price for the company. Finally, JPMorgan Chase & Co. raised their target price on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, SharkNinja currently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

About SharkNinja

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.