Teacher Retirement System of Texas Raises Holdings in SharkNinja, Inc. $SN

Key Points

• Teacher Retirement System of Texas increased its stake in SharkNinja by 23.8% in Q4 to 181,800 shares—about $20.34 million or ~0.13% of the company.
• Other institutional activity included Goldman Sachs adding 317,730 shares to hold 505,301 shares (~$42.15M), while CFO Adam Quigley sold 2,620 shares; roughly 34.8% of SN is held by hedge funds/institutions and insiders own 11.12%.
• Operationally SharkNinja beat Q results (EPS $1.93 vs $1.78; revenue $2.10B, +17.6% YoY), set FY2026 EPS guidance of 5.90–6.00, and carries a consensus analyst target of about $145.90 with a "Moderate Buy" average rating.

Teacher Retirement System of Texas boosted its holdings in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 181,800 shares of the company's stock after buying an additional 35,000 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.13% of SharkNinja worth $20,343,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SN. Royal Bank of Canada increased its holdings in SharkNinja by 21.8% during the first quarter. Royal Bank of Canada now owns 71,872 shares of the company's stock valued at $5,995,000 after buying an additional 12,851 shares during the period. Integrated Wealth Concepts LLC purchased a new position in SharkNinja during the first quarter valued at approximately $369,000. Goldman Sachs Group Inc. increased its holdings in SharkNinja by 169.4% during the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company's stock valued at $42,147,000 after buying an additional 317,730 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in SharkNinja by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company's stock valued at $4,238,000 after buying an additional 3,632 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in SharkNinja during the first quarter valued at approximately $656,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the firm's stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 in the company, valued at $991,844.28. This trade represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.12% of the stock is currently owned by company insiders.

SharkNinja Price Performance

Shares of SN opened at $115.62 on Friday. The company has a market cap of $16.41 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 1.53 and a beta of 1.54. SharkNinja, Inc. has a twelve month low of $76.45 and a twelve month high of $133.99. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $113.44 and a two-hundred day moving average of $108.82.

SharkNinja (NYSE:SN - Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.15. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. SharkNinja's revenue was up 17.6% compared to the same quarter last year. During the same period last year, the firm earned $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, analysts predict that SharkNinja, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SN shares. Jefferies Financial Group reissued a "buy" rating and set a $200.00 price objective on shares of SharkNinja in a report on Wednesday, February 11th. Weiss Ratings reissued a "hold (c+)" rating on shares of SharkNinja in a report on Friday, April 10th. JPMorgan Chase & Co. cut their price objective on shares of SharkNinja from $152.00 to $144.00 and set an "overweight" rating on the stock in a report on Friday, April 17th. Oppenheimer raised their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. Finally, Bank of America raised their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $145.90.

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.

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.