Aubrey Capital Management Ltd Sells 30,750 Shares of SharkNinja, Inc. $SN

Key Points

• Aubrey Capital Management cut its SharkNinja stake by 84.7% in the fourth quarter, selling 30,750 shares and ending with 5,550 shares worth about $630,000.
• SharkNinja’s latest quarterly results beat expectations, with EPS of $1.09 and revenue of $1.41 billion, while revenue rose 15.6% from a year earlier.
• Analysts remain generally positive on the stock: eight Buy ratings and two Hold ratings give SharkNinja a consensus Moderate Buy, with an average price target of $150.

Aubrey Capital Management Ltd cut its stake in SharkNinja, Inc. (NYSE:SN - Free Report) by 84.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,550 shares of the company's stock after selling 30,750 shares during the period. Aubrey Capital Management Ltd's holdings in SharkNinja were worth $630,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parsifal Capital Management LP bought a new stake in SharkNinja during the 3rd quarter valued at $111,773,000. Disciplined Growth Investors Inc. MN bought a new position in SharkNinja in the second quarter worth approximately $46,048,000. Qube Research & Technologies Ltd bought a new position in SharkNinja in the third quarter worth approximately $46,772,000. Ameriprise Financial Inc. raised its stake in SharkNinja by 451.6% in the second quarter. Ameriprise Financial Inc. now owns 486,297 shares of the company's stock worth $48,139,000 after buying an additional 398,141 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in SharkNinja by 39.3% in the second quarter. Alliancebernstein L.P. now owns 1,337,735 shares of the company's stock worth $132,422,000 after buying an additional 377,544 shares in the last quarter. Institutional investors own 34.77% of the company's stock.

Analysts Set New Price Targets

SN has been the subject of a number of recent research reports. Weiss Ratings reissued a "hold (c+)" rating on shares of SharkNinja in a research note on Friday, April 10th. Guggenheim boosted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. TD Cowen reissued a "buy" rating on shares of SharkNinja in a research note on Wednesday, January 14th. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a report on Thursday, February 12th. Finally, Wall Street Zen lowered shares of SharkNinja from a "buy" rating to a "hold" rating in a report on Saturday. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $150.00.

SharkNinja Price Performance

Shares of SN opened at $111.51 on Monday. The firm has a market capitalization of $15.78 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 1.49 and a beta of 1.37. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. SharkNinja, Inc. has a 1-year low of $80.69 and a 1-year high of $133.99. The company's fifty day moving average price is $111.57 and its 200-day moving average price is $110.23.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business's quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities research analysts predict that SharkNinja, Inc. will post 5.77 EPS for the current year.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 2,620 shares of the business's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the sale, the chief financial officer directly owned 8,673 shares of the company's stock, valued at $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.12% of the stock is owned by company insiders.

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.

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