SharkNinja, Inc. $SN Shares Sold by Boothe Investment Group Inc.

Key Points

• Boothe Investment Group cut its SharkNinja stake by 33.5% in the third quarter, selling 23,293 shares and retaining 46,292 shares valued at approximately $8.34 million.
• SharkNinja reported strong quarterly results, with EPS of $1.26 beating estimates by $0.15 and revenue rising 22.2% year over year to $1.77 billion. The company issued fiscal 2026 EPS guidance of $6.45–$6.55.
• Analysts remain bullish, with all 12 covering analysts rating the stock a Buy and a consensus price target of $189.92. Shares opened at $199.46, near their 52-week high, while insiders have sold about $18.6 million of stock over the past 90 days.

Boothe Investment Group Inc. decreased its position in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 33.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,292 shares of the company's stock after selling 23,293 shares during the period. SharkNinja comprises 2.0% of Boothe Investment Group Inc.'s portfolio, making the stock its 19th biggest position. Boothe Investment Group Inc.'s holdings in SharkNinja were worth $8,338,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in SharkNinja during the 2nd quarter valued at $81,134,000. WCM Investment Management LLC raised its position in SharkNinja by 4.3% in the 1st quarter. WCM Investment Management LLC now owns 793,063 shares of the company's stock valued at $77,419,000 after purchasing an additional 32,524 shares during the last quarter. Evercore Wealth Management LLC raised its position in SharkNinja by 24.7% in the 1st quarter. Evercore Wealth Management LLC now owns 670,411 shares of the company's stock valued at $70,997,000 after purchasing an additional 132,749 shares during the last quarter. Bank of America Corp DE boosted its stake in SharkNinja by 17.9% in the first quarter. Bank of America Corp DE now owns 559,813 shares of the company's stock worth $59,284,000 after purchasing an additional 84,796 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in SharkNinja by 228.7% in the second quarter. Wellington Management Group LLP now owns 339,476 shares of the company's stock worth $51,692,000 after purchasing an additional 236,184 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company's stock.

SharkNinja Price Performance

SharkNinja stock opened at $199.46 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $28.10 billion, a P/E ratio of 37.85, a PEG ratio of 2.33 and a beta of 1.27. The business has a 50-day moving average of $180.47 and a 200-day moving average of $150.64. SharkNinja, Inc. has a 1 year low of $83.12 and a 1 year high of $200.38.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The company had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.65 billion. During the same period last year, the firm posted $0.97 earnings per share. The business's quarterly revenue was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, equities analysts anticipate that SharkNinja, Inc. will post 5.89 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SN shares. Oppenheimer lifted their price target on SharkNinja from $145.00 to $170.00 and gave the company an "outperform" rating in a report on Monday, July 13th. Wall Street Zen upgraded shares of SharkNinja from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Weiss Ratings raised shares of SharkNinja from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, August 17th. Guggenheim increased their price objective on shares of SharkNinja from $175.00 to $210.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, TD Cowen raised their price objective on shares of SharkNinja from $160.00 to $205.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating. According to MarketBeat, SharkNinja currently has an average rating of "Buy" and a consensus target price of $189.92.

Insider Buying and Selling at SharkNinja

In other SharkNinja news, insider Neil Shah sold 50,000 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the transaction, the insider owned 497,220 shares of the company's stock, valued at $92,661,919.20. This represents a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold 100,000 shares of company stock worth $18,613,911 over the last ninety days. 40.80% of the stock is owned by corporate insiders.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company's portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.

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