SharkNinja, Inc. (NYSE:SN) Shares Purchased by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. raised its position in SharkNinja, Inc. (NYSE:SN - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 499,290 shares of the company's stock after acquiring an additional 37,100 shares during the period. SharkNinja makes up approximately 2.3% of Oberweis Asset Management Inc.'s holdings, making the stock its 3rd biggest holding. Oberweis Asset Management Inc. owned 0.36% of SharkNinja worth $48,611,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SN. Stifel Financial Corp grew its position in SharkNinja by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 4,790 shares of the company's stock worth $521,000 after purchasing an additional 100 shares during the last quarter. Barclays PLC lifted its stake in shares of SharkNinja by 117.4% during the third quarter. Barclays PLC now owns 8,394 shares of the company's stock worth $913,000 after buying an additional 4,533 shares during the period. World Investment Advisors LLC purchased a new stake in shares of SharkNinja during the third quarter valued at $244,000. Tidal Investments LLC increased its position in shares of SharkNinja by 38.7% in the 3rd quarter. Tidal Investments LLC now owns 19,397 shares of the company's stock valued at $2,109,000 after acquiring an additional 5,416 shares during the period. Finally, Logan Capital Management Inc. purchased a new position in SharkNinja in the 3rd quarter worth $2,181,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Price Performance

Shares of SharkNinja stock traded up $1.09 on Tuesday, hitting $81.19. The company's stock had a trading volume of 389,011 shares, compared to its average volume of 1,625,561. The company has a market capitalization of $11.40 billion, a price-to-earnings ratio of 26.07, a price-to-earnings-growth ratio of 2.35 and a beta of 1.65. SharkNinja, Inc. has a 1 year low of $60.50 and a 1 year high of $123.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73. The firm has a fifty day moving average price of $85.43 and a 200-day moving average price of $97.40.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.06). The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. As a group, sell-side analysts anticipate that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Jefferies Financial Group increased their price target on shares of SharkNinja from $150.00 to $175.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Canaccord Genuity Group raised their target price on shares of SharkNinja from $129.00 to $136.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Morgan Stanley upped their price target on shares of SharkNinja from $93.00 to $108.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. reduced their price objective on SharkNinja from $139.00 to $98.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Finally, The Goldman Sachs Group lowered their target price on SharkNinja from $133.00 to $100.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, SharkNinja has a consensus rating of "Moderate Buy" and a consensus target price of $116.72.

SharkNinja 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.