Jefferies Financial Group Inc. Purchases Shares of 9,490 SharkNinja, Inc. (NYSE:SN)

Jefferies Financial Group Inc. purchased a new position in SharkNinja, Inc. (NYSE:SN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,490 shares of the company's stock, valued at approximately $924,000.

A number of other institutional investors also recently bought and sold shares of SN. Quarry LP purchased a new stake in shares of SharkNinja in the fourth quarter valued at $47,000. R Squared Ltd bought a new position in SharkNinja during the 4th quarter valued at about $55,000. Covestor Ltd raised its position in SharkNinja by 284.4% in the 4th quarter. Covestor Ltd now owns 642 shares of the company's stock worth $63,000 after purchasing an additional 475 shares during the period. SG Americas Securities LLC bought a new stake in SharkNinja in the fourth quarter worth about $171,000. Finally, Altshuler Shaham Ltd purchased a new position in shares of SharkNinja during the fourth quarter valued at approximately $209,000. 34.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Morgan Stanley increased their price target on SharkNinja from $85.00 to $101.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Oppenheimer lifted their target price on SharkNinja from $105.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Guggenheim cut their price target on shares of SharkNinja from $135.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, May 9th. JPMorgan Chase & Co. decreased their price objective on shares of SharkNinja from $139.00 to $98.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Finally, The Goldman Sachs Group boosted their price objective on shares of SharkNinja from $100.00 to $112.00 and gave the company a "buy" rating in a research report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $121.50.

SharkNinja Stock Down 1.3%

NYSE SN traded down $1.30 during trading on Wednesday, reaching $99.29. 125,600 shares of the company's stock traded hands, compared to its average volume of 1,446,404. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $123.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.73 and a quick ratio of 1.14. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 31.93, a price-to-earnings-growth ratio of 2.35 and a beta of 1.68. The company's 50 day simple moving average is $83.42 and its two-hundred day simple moving average is $95.78.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.14. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.17 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. SharkNinja's revenue was up 14.7% compared to the same quarter last year. During the same period last year, the company posted $1.06 earnings per share. As a group, sell-side analysts forecast that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

SharkNinja Company Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.