Key Points
- CFO Adam Quigley sold 2,620 SharkNinja shares on March 4 at an average price of $114.36 for a total of $299,623, reducing his stake by 23.2% to 8,673 shares valued at about $991,844.
- SharkNinja beat expectations in its most recent quarter with $1.93 EPS (vs. $1.78 est.) and $2.10 billion revenue (up 17.6% YoY), and set FY2026 guidance of 5.900–6.000 EPS.
- The stock traded down to $110.90 (about a 2.7% drop), the company has a $15.66 billion market cap and a 22.46 P/E, and analysts hold a consensus "Moderate Buy" with a $145.78 target (nine Buys, three Holds).
SharkNinja, Inc. (NYSE:SN - Get Free Report) CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the transaction, the chief financial officer directly owned 8,673 shares of the company's stock, valued at $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
SharkNinja Trading Down 2.7%
SN traded down $3.10 during trading on Friday, reaching $110.90. 514,741 shares of the stock traded hands, compared to its average volume of 1,611,222. The company has a quick ratio of 1.26, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. The stock's 50-day moving average is $121.44 and its 200 day moving average is $109.75. SharkNinja, Inc. has a 12 month low of $60.50 and a 12 month high of $133.99. The stock has a market capitalization of $15.66 billion, a PE ratio of 22.46, a P/E/G ratio of 1.53 and a beta of 1.39.
SharkNinja (NYSE:SN - Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The firm's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Equities analysts anticipate that SharkNinja, Inc. will post 4.52 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on SN shares. TD Cowen reaffirmed a "buy" rating on shares of SharkNinja in a research report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their price target on shares of SharkNinja from $126.00 to $142.00 and gave the company an "overweight" rating in a research report on Friday, January 16th. Bank of America lifted their price target on SharkNinja from $140.00 to $145.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a report on Thursday, February 12th. Finally, Cantor Fitzgerald reaffirmed an "outperform" rating on shares of SharkNinja in a research note on Wednesday, December 17th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $145.78.
Get Our Latest Research Report on SharkNinja
Institutional Trading of SharkNinja
Large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. purchased a new position in SharkNinja in the third quarter valued at about $29,000. Larson Financial Group LLC raised its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company's stock worth $33,000 after acquiring an additional 126 shares during the period. Transamerica Financial Advisors LLC grew its holdings in shares of SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company's stock valued at $34,000 after purchasing an additional 248 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of SharkNinja during the 4th quarter worth approximately $38,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of SharkNinja in the third quarter worth $46,000. 34.77% of the stock is owned by hedge funds and other institutional investors.
SharkNinja Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
