SharkNinja, Inc. $SN Shares Sold by First Dallas Securities Inc.

First Dallas Securities Inc. trimmed its stake in SharkNinja, Inc. (NYSE:SN) by 11.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 35,460 shares of the company’s stock after selling 4,500 shares during the period. SharkNinja comprises 1.4% of First Dallas Securities Inc.’s investment portfolio, making the stock its 17th biggest holding. First Dallas Securities Inc.’s holdings in SharkNinja were worth $3,755,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in SharkNinja in the 1st quarter valued at approximately $27,000. Transamerica Financial Advisors LLC raised its position in SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after purchasing an additional 248 shares during the period. Larson Financial Group LLC lifted its stake in 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 in the last quarter. Los Angeles Capital Management LLC acquired a new position in SharkNinja during the fourth quarter worth $38,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of SharkNinja during the third quarter worth $46,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction 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 approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 40.80% of the company’s stock.

SharkNinja Stock Up 0.1%

Shares of NYSE SN opened at $151.55 on Friday. The stock has a market cap of $21.45 billion, a P/E ratio of 30.55, a PEG ratio of 2.03 and a beta of 1.22. 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 12-month low of $83.12 and a 12-month high of $154.04. The business’s fifty day simple moving average is $124.04 and its 200-day simple moving average is $118.87.

SharkNinja (NYSE:SN) last released its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $0.87 EPS. SharkNinja’s revenue for the quarter 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 predict that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SN shares. National Bank Financial set a $145.00 price objective on SharkNinja in a report on Tuesday, March 17th. JPMorgan Chase & Co. raised their target price on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Canaccord Genuity Group boosted their price target on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, 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.