SharkNinja, Inc. $SN Stake Raised by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 79.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 900,661 shares of the company’s stock after acquiring an additional 399,043 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 0.64% of SharkNinja worth $89,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers boosted its holdings in shares of SharkNinja by 18.3% during the first quarter. Cetera Investment Advisers now owns 4,185 shares of the company’s stock worth $349,000 after purchasing an additional 646 shares during the period. 12 West Capital Management LP purchased a new stake in SharkNinja in the 1st quarter worth approximately $6,256,000. Nuveen LLC acquired a new stake in shares of SharkNinja during the 1st quarter valued at $15,003,000. Russell Investments Group Ltd. grew its holdings in shares of SharkNinja by 86.6% during the 1st quarter. Russell Investments Group Ltd. now owns 65,471 shares of the company’s stock valued at $5,461,000 after acquiring an additional 30,389 shares in the last quarter. Finally, Element Capital Management LLC acquired a new position in shares of SharkNinja in the first quarter worth $2,534,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SN shares. Morgan Stanley set a $110.00 price objective on SharkNinja in a research report on Monday, October 27th. TD Cowen started coverage on SharkNinja in a research note on Wednesday. They set a “buy” rating and a $135.00 price target for the company. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday. Canaccord Genuity Group boosted their price target on SharkNinja from $136.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Zacks Research lowered shares of SharkNinja from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $128.50.

SharkNinja Stock Performance

Shares of NYSE SN opened at $112.73 on Friday. The business’s 50-day simple moving average is $94.77 and its 200-day simple moving average is $103.10. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.96. SharkNinja, Inc. has a 52 week low of $60.50 and a 52 week high of $128.51. The firm has a market cap of $15.91 billion, a price-to-earnings ratio of 27.83, a P/E/G ratio of 2.07 and a beta of 1.46.

About SharkNinja

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.