Baker Chad R Buys Shares of 19,000 SharkNinja, Inc. $SN

Key Points

• Baker Chad R established a new position of 19,000 shares in SharkNinja (NYSE:SN) in Q4, valued at about $2.16 million.
• Multiple hedge funds — including Abrams Bison, AllianceBernstein, Palestra, Greenvale and Third Point — materially increased holdings, and institutional investors now own roughly 34.77% of the stock.
• Analysts maintain a consensus "Moderate Buy" with a $145.70 price target; SharkNinja recently beat quarterly EPS estimates ($1.93 vs. $1.78), reported $2.10B in revenue, and issued FY2026 guidance of $5.90–$6.00 EPS.

Baker Chad R purchased a new position in SharkNinja, Inc. (NYSE:SN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 19,000 shares of the company's stock, valued at approximately $2,160,000.

Several other hedge funds also recently made changes to their positions in SN. Abrams Bison Investments LLC boosted its stake in SharkNinja by 20.3% in the 2nd quarter. Abrams Bison Investments LLC now owns 1,775,000 shares of the company's stock worth $175,707,000 after purchasing an additional 300,000 shares during the period. Alliancebernstein L.P. boosted its position in shares of SharkNinja by 13.2% in the third quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company's stock valued at $156,152,000 after acquiring an additional 176,104 shares during the period. Palestra Capital Management LLC grew its stake in SharkNinja by 10.3% during the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company's stock valued at $143,177,000 after acquiring an additional 130,121 shares in the last quarter. Greenvale Capital LLP grew its stake in SharkNinja by 26.2% during the second quarter. Greenvale Capital LLP now owns 1,350,000 shares of the company's stock valued at $133,636,000 after acquiring an additional 280,000 shares in the last quarter. Finally, Third Point LLC increased its holdings in SharkNinja by 118.2% during the 2nd quarter. Third Point LLC now owns 1,200,000 shares of the company's stock worth $118,788,000 after acquiring an additional 650,000 shares during the period. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SN has been the subject of several analyst reports. National Bank Financial set a $145.00 price target on shares of SharkNinja in a report on Tuesday, March 17th. TD Cowen reaffirmed a "buy" rating on shares of SharkNinja in a report on Wednesday, January 14th. Morgan Stanley set a $128.00 price objective on SharkNinja in a research report on Thursday, February 12th. Cantor Fitzgerald reissued an "outperform" rating on shares of SharkNinja in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. boosted their target price on SharkNinja from $126.00 to $142.00 and gave the stock an "overweight" rating in a research report on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, SharkNinja currently has a consensus rating of "Moderate Buy" and a consensus price target of $145.70.

Insider Activity

In related news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the transaction, 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 link. Corporate insiders own 11.12% of the company's stock.

SharkNinja Trading Down 2.7%

NYSE SN opened at $104.58 on Friday. The firm has a market cap of $14.77 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 1.43 and a beta of 1.39. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $133.99. The stock has a 50-day moving average of $117.74 and a 200-day moving average of $108.45. 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 (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.78 by $0.15. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The business had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same period in the previous year, the firm earned $1.40 EPS. The business's quarterly revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, sell-side analysts forecast that SharkNinja, Inc. will post 4.52 EPS for the current year.

SharkNinja Company Profile

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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