Highland Peak Capital LLC Has $40.81 Million Holdings in SharkNinja, Inc. $SN

Key Points

• Highland Peak Capital LLC boosted its stake in SharkNinja by 14.9% to 395,629 shares worth $40.81 million, making SN the fund's largest holding at 13.4% of its portfolio (about 0.28% of SharkNinja).
• SharkNinja beat quarterly expectations with $1.93 EPS vs. $1.78 consensus and revenue of $2.10 billion (up 17.6% YoY), and set FY2026 guidance of 5.900–6.000 EPS.
• Analysts hold a consensus of "Moderate Buy" (nine Buys, three Holds) with an average price target of $145.78, while shares trade around $114.84, implying potential upside.

Highland Peak Capital LLC boosted its stake in SharkNinja, Inc. (NYSE:SN - Free Report) by 14.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 395,629 shares of the company's stock after acquiring an additional 51,223 shares during the period. SharkNinja accounts for 13.4% of Highland Peak Capital LLC's investment portfolio, making the stock its largest holding. Highland Peak Capital LLC owned about 0.28% of SharkNinja worth $40,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in shares of SharkNinja in the 3rd quarter worth approximately $29,000. TFC Financial Management Inc. bought a new position in SharkNinja during the third quarter worth $55,000. EverSource Wealth Advisors LLC lifted its holdings in SharkNinja by 2,071.9% in the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company's stock valued at $69,000 after buying an additional 663 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in SharkNinja in the third quarter valued at $97,000. Finally, Allworth Financial LP boosted its position in SharkNinja by 495.5% during the second quarter. Allworth Financial LP now owns 1,840 shares of the company's stock valued at $182,000 after acquiring an additional 1,531 shares during the last quarter. Institutional investors and hedge funds own 34.77% of the company's stock.

Wall Street Analyst Weigh In

SN has been the topic of a number of recent analyst reports. Wall Street Zen downgraded SharkNinja from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Cantor Fitzgerald reissued an "outperform" rating on shares of SharkNinja in a research note on Wednesday, December 17th. TD Cowen restated a "buy" rating on shares of SharkNinja in a report on Wednesday, January 14th. Guggenheim lifted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Finally, Bank of America boosted their target price 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. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $145.78.

SharkNinja Trading Down 0.8%

Shares of SharkNinja stock opened at $114.84 on Thursday. The stock has a market capitalization of $16.21 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 1.54 and a beta of 1.39. SharkNinja, Inc. has a 52 week low of $60.50 and a 52 week high of $133.99. The stock has a 50 day moving average price of $121.42 and a two-hundred day moving average price of $109.72. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.26 and a current ratio of 2.04.

SharkNinja (NYSE:SN - Get Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share 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 company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. SharkNinja's revenue for the quarter 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, equities analysts anticipate that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

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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