Hodges Capital Management Inc. Has $29.75 Million Holdings in SharkNinja, Inc. $SN

Hodges Capital Management Inc. lowered its position in shares of SharkNinja, Inc. (NYSE:SN) by 8.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 280,880 shares of the company’s stock after selling 24,746 shares during the period. SharkNinja makes up 2.5% of Hodges Capital Management Inc.’s holdings, making the stock its 5th largest holding. Hodges Capital Management Inc.’s holdings in SharkNinja were worth $29,745,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in SharkNinja in the 1st quarter worth approximately $27,000. Larson Financial Group LLC raised its position in shares of SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC boosted its stake in SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares during the period. Los Angeles Capital Management LLC bought a new stake in SharkNinja during the fourth quarter valued at $38,000. Finally, Sunbelt Securities Inc. purchased a new position in SharkNinja during the third quarter worth about $46,000. Institutional investors own 34.77% of the company’s stock.

Wall Street Analyst Weigh In

SN has been the topic of a number of research analyst reports. Canaccord Genuity Group upped their target price on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Finally, National Bank Financial set a $145.00 target price on shares of SharkNinja in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Insider Buying and Selling at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the sale, the chief financial officer owned 1,750 shares in the company, valued at $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 available through the SEC website. Corporate insiders own 40.80% of the company’s stock.

SharkNinja Stock Up 0.1%

SN opened at $151.55 on Monday. The business’s fifty day simple moving average is $124.04 and its 200 day simple moving average is $118.90. SharkNinja, Inc. has a 52 week low of $83.12 and a 52 week high of $154.04. 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 cap of $21.45 billion, a PE ratio of 30.55, a P/E/G ratio of 2.03 and a beta of 1.22.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (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 analyst estimates of $1.38 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, research analysts expect that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

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.