Vaughan Nelson Investment Management L.P. Boosts Stock Position in SharkNinja, Inc. $SN

Key Points

• Vaughan Nelson Investment Management increased its stake in SharkNinja by 27.2% in Q4 to 305,155 shares — about $34.15 million, or roughly 0.22% of the company — signaling notable institutional buying.
• SharkNinja beat quarterly expectations (EPS $1.93 vs. $1.78; revenue $2.10B vs. $2.09B; revenue +17.6% YoY) and Wall Street maintains a consensus Moderate Buy rating with an average target of about $145.70 after several price-target increases.
• Insider activity: CFO Adam Quigley sold 2,620 shares at $114.36 on March 4, reducing his holding by 23.2%.

Vaughan Nelson Investment Management L.P. lifted its position in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 27.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 305,155 shares of the company's stock after buying an additional 65,345 shares during the period. Vaughan Nelson Investment Management L.P. owned about 0.22% of SharkNinja worth $34,147,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Versor Investments LP lifted its stake in SharkNinja by 386.0% in the third quarter. Versor Investments LP now owns 18,921 shares of the company's stock worth $1,952,000 after purchasing an additional 15,028 shares during the last quarter. Nixon Capital LLC grew its stake in shares of SharkNinja by 12.8% during the third quarter. Nixon Capital LLC now owns 159,874 shares of the company's stock valued at $16,491,000 after buying an additional 18,184 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of SharkNinja during the third quarter valued at about $2,608,000. Magnetar Financial LLC purchased a new position in shares of SharkNinja in the third quarter worth about $2,859,000. Finally, Waratah Capital Advisors Ltd. increased its holdings in shares of SharkNinja by 84.1% in the third quarter. Waratah Capital Advisors Ltd. now owns 306,133 shares of the company's stock worth $31,578,000 after buying an additional 139,858 shares during the period. Institutional investors own 34.77% of the company's stock.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the company's stock in a transaction 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 transaction, the chief financial officer directly owned 8,673 shares in the company, valued at approximately $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SN shares. TD Cowen restated a "buy" rating on shares of SharkNinja in a report on Wednesday, January 14th. National Bank Financial set a $145.00 price objective on SharkNinja in a research report on Tuesday, March 17th. Bank of America raised their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock a "buy" rating in a report on Thursday, January 22nd. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a report on Thursday, February 12th. Finally, Oppenheimer increased their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, SharkNinja presently has a consensus rating of "Moderate Buy" and a consensus target price of $145.70.

SharkNinja Trading Down 4.4%

NYSE SN opened at $97.58 on Tuesday. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $133.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04. The stock has a 50 day simple moving average of $116.65 and a two-hundred day simple moving average of $108.14. The stock has a market cap of $13.78 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 1.36 and a beta of 1.39.

SharkNinja (NYSE:SN - Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. The firm had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The business's revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, analysts forecast that SharkNinja, Inc. will post 4.52 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.

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