SharkNinja, Inc. $SN Stock Holdings Raised by Granahan Investment Management LLC

Granahan Investment Management LLC raised its stake in SharkNinja, Inc. (NYSE:SN) by 31.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 112,863 shares of the company’s stock after purchasing an additional 27,274 shares during the period. Granahan Investment Management LLC’s holdings in SharkNinja were worth $12,629,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Waratah Capital Advisors Ltd. boosted its holdings in shares of SharkNinja by 84.1% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company’s stock valued at $31,578,000 after buying an additional 139,858 shares during the period. Wealth High Governance Capital Ltda acquired a new position in shares of SharkNinja in the 4th quarter valued at about $17,072,000. Dorsal Capital Management LP boosted its holdings in shares of SharkNinja by 14.7% in the 3rd quarter. Dorsal Capital Management LP now owns 975,000 shares of the company’s stock valued at $100,571,000 after buying an additional 125,000 shares during the period. Magnetar Financial LLC acquired a new position in shares of SharkNinja in the 3rd quarter valued at about $2,859,000. Finally, Alliancebernstein L.P. boosted its holdings in shares of SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock valued at $156,152,000 after buying an additional 176,104 shares during the period. Institutional investors own 34.77% of the company’s stock.

Insider Activity at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction 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 Securities & Exchange Commission, which can be accessed through this link. Company insiders own 40.80% of the company’s stock.

Analysts Set New Price Targets

SN has been the subject of several research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. National Bank Financial set a $145.00 price target on shares of SharkNinja in a report on Tuesday, March 17th. Piper Sandler initiated coverage on shares of SharkNinja in a report on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $150.00.

SharkNinja Trading Up 2.3%

SharkNinja stock opened at $136.12 on Wednesday. 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 firm has a 50-day moving average price of $116.48 and a two-hundred day moving average price of $115.53. The firm has a market capitalization of $19.26 billion, a price-to-earnings ratio of 27.44, a PEG ratio of 1.79 and a beta of 1.35. SharkNinja, Inc. has a 52-week low of $83.12 and a 52-week high of $139.50.

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

SharkNinja 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.