9,490 Shares in SharkNinja, Inc. (NYSE:SN) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in SharkNinja, Inc. (NYSE:SN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,490 shares of the company's stock, valued at approximately $924,000.

A number of other large investors also recently bought and sold shares of SN. Quarry LP acquired a new stake in shares of SharkNinja during the fourth quarter worth about $47,000. Continuum Advisory LLC lifted its position in shares of SharkNinja by 6,875.0% during the fourth quarter. Continuum Advisory LLC now owns 558 shares of the company's stock worth $54,000 after purchasing an additional 550 shares in the last quarter. R Squared Ltd acquired a new stake in shares of SharkNinja during the fourth quarter worth about $55,000. Covestor Ltd lifted its position in shares of SharkNinja by 284.4% during the fourth quarter. Covestor Ltd now owns 642 shares of the company's stock worth $63,000 after purchasing an additional 475 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC lifted its position in shares of SharkNinja by 200.0% during the fourth quarter. Safe Harbor Fiduciary LLC now owns 1,500 shares of the company's stock worth $146,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company's stock.

SharkNinja Stock Up 0.2%

Shares of NYSE:SN traded up $0.17 during trading on Monday, hitting $92.10. 1,065,771 shares of the company were exchanged, compared to its average volume of 1,459,882. The firm's 50 day moving average price is $84.25 and its 200-day moving average price is $95.47. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $123.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.73 and a quick ratio of 1.14. The stock has a market capitalization of $12.99 billion, a P/E ratio of 29.61, a PEG ratio of 2.35 and a beta of 1.68.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.73 by $0.14. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business earned $1.06 EPS. SharkNinja's revenue for the quarter was up 14.7% compared to the same quarter last year. On average, research analysts predict that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SN has been the topic of several research reports. Jefferies Financial Group increased their price target on shares of SharkNinja from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Oppenheimer raised their target price on shares of SharkNinja from $105.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, May 9th. Guggenheim reduced their target price on shares of SharkNinja from $135.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Canaccord Genuity Group raised their target price on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. reduced their target price on shares of SharkNinja from $139.00 to $98.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.50.

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.