Caption Management LLC Buys Shares of 14,711 SharkNinja, Inc. (NYSE:SN)

Caption Management LLC acquired a new stake in shares of SharkNinja, Inc. (NYSE:SN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,711 shares of the company's stock, valued at approximately $1,432,000.

A number of other institutional investors also recently modified their holdings of SN. Barclays PLC lifted its position in SharkNinja by 117.4% in the 3rd quarter. Barclays PLC now owns 8,394 shares of the company's stock valued at $913,000 after acquiring an additional 4,533 shares in the last quarter. World Investment Advisors LLC bought a new stake in shares of SharkNinja in the 3rd quarter worth $244,000. Harbor Capital Advisors Inc. lifted its position in shares of SharkNinja by 30.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 117,403 shares of the company's stock valued at $11,430,000 after purchasing an additional 27,436 shares in the last quarter. City Center Advisors LLC bought a new stake in SharkNinja in the 4th quarter worth about $316,000. Finally, Capital CS Group LLC purchased a new stake in SharkNinja in the 4th quarter valued at about $314,000. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Stock Performance

SN stock traded up $0.62 during midday trading on Friday, reaching $92.25. 2,364,876 shares of the company's stock traded hands, compared to its average volume of 1,435,860. SharkNinja, Inc. has a 52 week low of $60.50 and a 52 week high of $123.00. The company has a 50-day moving average price of $81.92 and a two-hundred day moving average price of $96.04. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73. The firm has a market capitalization of $12.95 billion, a PE ratio of 29.66, a price-to-earnings-growth ratio of 2.35 and a beta of 1.68.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.14. The business had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.17 billion. SharkNinja had a return on equity of 32.51% and a net margin of 7.94%. The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.06 EPS. As a group, equities analysts anticipate that SharkNinja, Inc. will post 4.52 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SN. JPMorgan Chase & Co. cut their target price on SharkNinja from $139.00 to $98.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Oppenheimer raised their target price on SharkNinja from $105.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday. Guggenheim lowered their target price on SharkNinja from $135.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday. Jefferies Financial Group increased their price target on shares of SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group lifted their price objective on shares of SharkNinja from $100.00 to $112.00 and gave the stock a "buy" rating in a research report on Friday. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $117.28.

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.