Baillie Gifford & Co. Decreases Stake in SharkNinja, Inc. $SN

Key Points

• Baillie Gifford & Co. trimmed its stake in SharkNinja by 2.6% in Q4, selling 52,442 shares and now holds 1,988,633 shares (~1.41% of the company) valued at about $222.53 million.
• Quarterly results topped estimates with $1.93 EPS (vs. $1.78 expected) and revenue up 17.6% year-over-year, and the company set FY2026 guidance of $5.90–$6.00 EPS.
• Analyst sentiment has turned more positive—several firms raised price targets and ratings, leaving a consensus "Moderate Buy" with an average target of $145.70.

Baillie Gifford & Co. reduced its holdings in SharkNinja, Inc. (NYSE:SN - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,988,633 shares of the company's stock after selling 52,442 shares during the period. Baillie Gifford & Co. owned approximately 1.41% of SharkNinja worth $222,528,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new stake in SharkNinja during the third quarter worth about $29,000. Larson Financial Group LLC increased its position in shares of SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company's stock valued at $33,000 after acquiring an additional 126 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja during the third quarter valued at about $46,000. TFC Financial Management Inc. acquired a new stake in shares of SharkNinja during the third quarter valued at about $55,000. Finally, GAMMA Investing LLC increased its position in shares of SharkNinja by 24.3% during the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company's stock valued at $63,000 after acquiring an additional 110 shares during the last quarter. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Stock Down 0.0%

Shares of NYSE:SN opened at $115.03 on Monday. The company has a market capitalization of $16.25 billion, a PE ratio of 23.28, a P/E/G ratio of 1.54 and a beta of 1.54. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. SharkNinja, Inc. has a twelve month low of $69.19 and a twelve month high of $133.99. The firm has a 50 day simple moving average of $114.23 and a 200-day simple moving average of $107.87.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. SharkNinja's revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, equities analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 2,620 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the sale, the chief financial officer directly owned 8,673 shares of the company's stock, valued at approximately $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Analysts Set New Price Targets

A number of brokerages have weighed in on SN. Oppenheimer lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Friday, February 13th. Bank of America lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. raised their price objective on shares of SharkNinja from $126.00 to $142.00 and gave the company an "overweight" rating in a research note on Friday, January 16th. Wall Street Zen raised shares of SharkNinja from a "hold" rating to a "buy" rating in a research note on Saturday, March 14th. Finally, Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a research note on Thursday, February 12th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $145.70.

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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