Maven Securities LTD Buys 2,700 Shares of SharkNinja, Inc. (NYSE:SN)

Maven Securities LTD increased its position in SharkNinja, Inc. (NYSE:SN - Free Report) by 77.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,200 shares of the company's stock after purchasing an additional 2,700 shares during the quarter. Maven Securities LTD's holdings in SharkNinja were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of SharkNinja in the 4th quarter worth about $47,000. R Squared Ltd acquired a new stake in shares of SharkNinja in the 4th quarter worth about $55,000. Covestor Ltd increased its holdings in shares of SharkNinja by 284.4% in the 4th quarter. Covestor Ltd now owns 642 shares of the company's stock worth $63,000 after acquiring an additional 475 shares during the period. SG Americas Securities LLC acquired a new stake in shares of SharkNinja in the 4th quarter worth about $171,000. Finally, Altshuler Shaham Ltd acquired a new stake in shares of SharkNinja in the 4th quarter worth about $209,000. 34.77% of the stock is currently owned by institutional investors.

SharkNinja Stock Performance

SN stock traded down $1.43 on Monday, reaching $100.65. 278,709 shares of the company were exchanged, compared to its average volume of 1,449,119. SharkNinja, Inc. has a 12 month low of $60.50 and a 12 month high of $123.00. The stock's fifty day moving average price is $82.95 and its 200 day moving average price is $95.66. The firm has a market capitalization of $14.20 billion, a PE ratio of 32.35, a PEG ratio of 2.35 and a beta of 1.68. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.73 and a quick ratio of 1.14.

SharkNinja (NYSE:SN - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.14. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.17 billion. SharkNinja had a return on equity of 32.51% and a net margin of 7.94%. The firm's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the business earned $1.06 earnings per share. On average, research analysts anticipate that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Analyst Ratings Changes

SN has been the subject of a number of recent analyst reports. Canaccord Genuity Group increased their target price on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a research report on Friday, February 14th. JPMorgan Chase & Co. decreased their target price on shares of SharkNinja from $139.00 to $98.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Morgan Stanley increased their target price on shares of SharkNinja from $85.00 to $101.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. The Goldman Sachs Group raised 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. Finally, Jefferies Financial Group raised their price objective on shares of SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, SharkNinja currently has an average rating of "Moderate Buy" and a consensus price target of $121.50.

About SharkNinja

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.