Maven Securities LTD Acquires New Stake in SharkNinja, Inc. $SN

Maven Securities LTD acquired a new stake in SharkNinja, Inc. (NYSE:SN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 44,290 shares of the company’s stock, valued at approximately $6,744,000.

A number of other large investors also recently bought and sold shares of SN. Clearstead Trust LLC purchased a new stake in shares of SharkNinja in the second quarter valued at about $30,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in SharkNinja during the first quarter worth about $27,000. Timbuktu Capital Management LLC purchased a new position in SharkNinja during the second quarter worth about $40,000. Transamerica Financial Advisors LLC lifted 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. Finally, Larson Financial Group LLC lifted its position in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares during the period. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Neil Shah sold 50,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total value of $9,318,000.00. Following the sale, the insider directly owned 497,220 shares of the company’s stock, valued at approximately $92,661,919.20. This represents a 9.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 100,000 shares of company stock valued at $18,613,911. 40.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Oppenheimer boosted their target price on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. raised their price target on SharkNinja from $170.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Guggenheim lifted their price target on SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. UBS Group reaffirmed a “buy” rating and set a $219.10 price objective on shares of SharkNinja in a report on Wednesday, August 12th. Finally, Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, SharkNinja presently has an average rating of “Moderate Buy” and an average price target of $188.59.

SharkNinja Stock Performance

NYSE SN opened at $175.34 on Wednesday. The business has a 50 day moving average price of $168.02 and a 200 day moving average price of $135.20. The company has a market capitalization of $24.70 billion, a P/E ratio of 35.78, a PEG ratio of 2.05 and a beta of 1.24. SharkNinja, Inc. has a 1-year low of $83.12 and a 1-year high of $194.54. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.08 and a quick ratio of 1.45.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.15. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.SharkNinja’s revenue was up 22.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.97 earnings per share. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Sell-side analysts expect that SharkNinja, Inc. will post 5.89 EPS 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.