SharkNinja, Inc. $SN Shares Acquired by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada Inc. massively raised its Q4 stake in SharkNinja—up 23,027.7%—adding 10,823 shares to hold 10,870 shares worth about $1.22 million, as institutional investors own 34.77% of the stock.
• CFO Adam Quigley sold 2,620 shares on March 4 at an average price of $114.36, trimming his holding by 23.2% to 8,673 shares (≈$991,844).
• Wall Street is broadly positive with a consensus "Moderate Buy" (9 Buys, 3 Holds) and a $145.90 target after SharkNinja beat Q4 EPS estimates ($1.93 vs. $1.78), reported revenue up 17.6% year-over-year, and set FY2026 guidance of $5.90–$6.00 EPS.

TD Waterhouse Canada Inc. lifted its position in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 23,027.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,870 shares of the company's stock after acquiring an additional 10,823 shares during the period. TD Waterhouse Canada Inc.'s holdings in SharkNinja were worth $1,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new stake in shares of SharkNinja during the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC increased its position in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company's stock worth $33,000 after buying an additional 126 shares during the period. Sunbelt Securities Inc. acquired a new stake in SharkNinja in the third quarter worth $46,000. TFC Financial Management Inc. acquired a new stake in SharkNinja in the third quarter worth $55,000. Finally, GAMMA Investing LLC increased its position in SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company's stock worth $63,000 after buying an additional 110 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Adam Quigley sold 2,620 shares of the stock in a transaction on 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 transaction, the chief financial officer owned 8,673 shares of the company's stock, valued at approximately $991,844.28. This represents a 23.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 11.12% of the company's stock.

Wall Street Analysts Forecast Growth

SN has been the topic of several analyst reports. Canaccord Genuity Group set a $160.00 target price on SharkNinja in a research report on Thursday, February 12th. JPMorgan Chase & Co. dropped their target price on SharkNinja from $152.00 to $144.00 and set an "overweight" rating on the stock in a research report on Friday, April 17th. Guggenheim increased their target price on SharkNinja from $140.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Wall Street Zen raised SharkNinja from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Finally, National Bank Financial set a $145.00 target price on SharkNinja in a research report on Tuesday, March 17th. Nine 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $145.90.

SharkNinja Trading Down 2.2%

NYSE:SN opened at $114.67 on Friday. SharkNinja, Inc. has a 1 year low of $76.45 and a 1 year high of $133.99. The stock has a market cap of $16.27 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 1.57 and a beta of 1.54. The business has a fifty day moving average of $113.74 and a 200-day moving average of $108.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04.

SharkNinja (NYSE:SN - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $2.09 billion. During the same quarter in the prior year, the business posted $1.40 earnings per share. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Equities analysts predict that SharkNinja, Inc. will post 5.76 earnings per share for the current year.

SharkNinja 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.

Want to see what other hedge funds are holding SN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SharkNinja, Inc. (NYSE:SN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.