K.J. Harrison & Partners Inc Makes New $1.23 Million Investment in SharkNinja, Inc. $SN

Key Points

• K.J. Harrison & Partners established a new position in SharkNinja of 11,000 shares worth approximately $1.23 million in the fourth quarter.
• SharkNinja posted a Q1 beat (EPS $1.09 vs $1.01 est.) with revenue +15.6% YoY and raised FY2026 EPS guidance to $6.00–$6.10, spurring analyst upgrades including JPMorgan's $146 price target.
• Investors should note margin compression (declines in gross and adjusted gross margins) and a conservative full‑year revenue range ($7.1B–$7.2B), which could limit upside despite the beat and guidance raise.

K.J. Harrison & Partners Inc bought a new position in shares of SharkNinja, Inc. (NYSE:SN - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 11,000 shares of the company's stock, valued at approximately $1,231,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SN. Geneos Wealth Management Inc. acquired a new position in shares of SharkNinja in the 3rd quarter valued at about $29,000. Larson Financial Group LLC lifted its stake in shares of SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company's stock valued at $33,000 after purchasing an additional 126 shares during the period. Sunbelt Securities Inc. acquired a new position in shares of SharkNinja in the 3rd quarter valued at about $46,000. TFC Financial Management Inc. acquired a new position in shares of SharkNinja in the 3rd quarter valued at about $55,000. Finally, Quarry LP acquired a new position in shares of SharkNinja in the 3rd quarter valued at about $59,000. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Stock Performance

Shares of SharkNinja stock opened at $113.43 on Friday. SharkNinja, Inc. has a one year low of $80.69 and a one year high of $133.99. The firm has a market capitalization of $16.06 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 1.55 and a beta of 1.37. The business has a 50-day simple moving average of $111.57 and a 200 day simple moving average of $110.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47.

SharkNinja (NYSE:SN - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. SharkNinja had a return on equity of 30.06% and a net margin of 10.70%.The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the company posted $0.87 EPS. The firm's revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, research analysts anticipate that SharkNinja, Inc. will post 5.77 earnings per share for the current fiscal year.

SharkNinja News Roundup

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: Q1 beat and raised FY outlook — SharkNinja reported EPS $1.09 vs $1.01 est. and revenue +15.6% YoY to $1.413B; management raised FY 2026 EPS guidance to $6.00–6.10 and reiterated growth drivers (international expansion, product innovation). SharkNinja Reports First Quarter 2026 Results
• Positive Sentiment: Wall Street upgrade — JPMorgan raised its price target to $146 and put an Overweight rating on SN, signaling ~28% upside from current levels and likely supporting buyer interest. Benzinga
• Neutral Sentiment: Investor materials and call transcripts available — Management hosted an earnings call and published a slide deck; transcripts and summaries (Seeking Alpha, Yahoo, TipRanks, Zacks) give more detail for investors digging into growth drivers and international execution. Q1 Earnings Call Transcript
• Negative Sentiment: Margin compression — Gross margin and adjusted gross margin fell (roughly 10 bps and 100 bps reported), which raises questions about cost/price mix and could weigh on multiples if sustained. Zacks: Q1 Earnings Beat
• Negative Sentiment: Revenue guidance tone — Full‑year revenue was guided to a $7.1B–$7.2B range that sits at/just below consensus at the low end; investors may view the top‑line range as conservative relative to the beat, contributing to profit‑taking. Earnings Slide Deck

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SN. National Bank Financial set a $145.00 price objective on SharkNinja in a research note on Tuesday, March 17th. Bank of America boosted their price objective on SharkNinja from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. Weiss Ratings reissued a "hold (c+)" rating on shares of SharkNinja in a research note on Friday, April 10th. Wall Street Zen raised SharkNinja from a "hold" rating to a "buy" rating in a research note on Saturday, March 14th. Finally, Oppenheimer boosted their price objective on SharkNinja from $140.00 to $145.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, SharkNinja has an average rating of "Moderate Buy" and an average target price of $146.20.

Insider Buying and Selling

In related news, CFO Adam Quigley sold 2,620 shares of the business's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.12% of the stock is owned by insiders.

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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