First Dallas Securities Inc. Purchases 630 Shares of SharkNinja, Inc. $SN

First Dallas Securities Inc. grew its position in SharkNinja, Inc. (NYSE:SN) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,905 shares of the company’s stock after purchasing an additional 630 shares during the period. First Dallas Securities Inc.’s holdings in SharkNinja were worth $1,994,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of SharkNinja by 77.9% during the 1st quarter. GAMMA Investing LLC now owns 354 shares of the company’s stock worth $30,000 after purchasing an additional 155 shares during the last quarter. Harbour Investments Inc. increased its position in shares of SharkNinja by 5,800.0% during the 1st quarter. Harbour Investments Inc. now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 406 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of SharkNinja during the 1st quarter worth approximately $36,000. Continuum Advisory LLC increased its position in shares of SharkNinja by 6,875.0% during the 4th quarter. Continuum Advisory LLC now owns 558 shares of the company’s stock worth $54,000 after purchasing an additional 550 shares during the last quarter. Finally, Covestor Ltd increased its position in shares of SharkNinja by 96.0% during the 1st quarter. Covestor Ltd now owns 1,258 shares of the company’s stock worth $105,000 after purchasing an additional 616 shares during the last quarter. 34.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Jefferies Financial Group set a $175.00 price target on SharkNinja in a research report on Monday, June 30th. Canaccord Genuity Group boosted their price target on SharkNinja from $127.00 to $136.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Oppenheimer boosted their price target on SharkNinja from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Guggenheim reaffirmed a “buy” rating on shares of SharkNinja in a research report on Friday, August 8th. Finally, Wall Street Zen downgraded SharkNinja from a “buy” rating to a “hold” rating in a research report on Sunday, August 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $131.86.

SharkNinja Stock Down 3.3%

NYSE SN opened at $117.25 on Monday. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $128.51. The stock has a market capitalization of $16.55 billion, a PE ratio of 32.03, a PEG ratio of 2.23 and a beta of 1.68. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.20. The business has a fifty day moving average price of $114.79 and a two-hundred day moving average price of $97.29.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.19. SharkNinja had a return on equity of 28.78% and a net margin of 8.82%.The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the company earned $0.71 EPS. SharkNinja’s revenue was up 15.7% compared to the same quarter last year. SharkNinja has set its FY 2025 guidance at 5.000-5.100 EPS. Equities analysts expect that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

SharkNinja Profile

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.