SharkNinja, Inc. $SN Shares Bought by Boston Partners

Boston Partners grew its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 51.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 196,446 shares of the company’s stock after purchasing an additional 66,568 shares during the quarter. Boston Partners owned approximately 0.14% of SharkNinja worth $19,452,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SN. CreativeOne Wealth LLC acquired a new position in SharkNinja during the second quarter worth approximately $710,000. Jefferies Financial Group Inc. increased its holdings in shares of SharkNinja by 183.5% during the 2nd quarter. Jefferies Financial Group Inc. now owns 18,500 shares of the company’s stock worth $1,831,000 after buying an additional 11,975 shares during the last quarter. Eisler Capital Management Ltd. raised its position in shares of SharkNinja by 20.3% in the 2nd quarter. Eisler Capital Management Ltd. now owns 39,053 shares of the company’s stock worth $3,866,000 after buying an additional 6,592 shares during the period. Prudential Financial Inc. acquired a new position in SharkNinja in the second quarter valued at $205,000. Finally, Rock Creek Group LP purchased a new stake in SharkNinja during the second quarter valued at about $990,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on SN. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Oppenheimer reduced their price objective on SharkNinja from $135.00 to $112.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 21st. Morgan Stanley set a $110.00 target price on SharkNinja in a research report on Monday, October 27th. Weiss Ratings downgraded SharkNinja from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Finally, Guggenheim reissued a “buy” rating on shares of SharkNinja in a research report on Friday, August 8th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.57.

SharkNinja Stock Up 2.0%

Shares of NYSE:SN opened at $98.13 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.96. The company’s fifty day moving average is $94.05 and its two-hundred day moving average is $102.44. The stock has a market capitalization of $13.85 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 1.74 and a beta of 1.51. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $128.51.

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.