Aristides Capital LLC Makes New Investment in SharkNinja, Inc. $SN

Aristides Capital LLC acquired a new stake in SharkNinja, Inc. (NYSE:SN) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 8,333 shares of the company’s stock, valued at approximately $860,000.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of SharkNinja during the 2nd quarter worth approximately $81,983,000. Third Point LLC boosted its stake in SharkNinja by 118.2% during the second quarter. Third Point LLC now owns 1,200,000 shares of the company’s stock worth $118,788,000 after acquiring an additional 650,000 shares in the last quarter. Disciplined Growth Investors Inc. MN acquired a new stake in SharkNinja in the second quarter worth $46,048,000. Voss Capital LP grew its holdings in SharkNinja by 238.6% in the second quarter. Voss Capital LP now owns 575,626 shares of the company’s stock worth $56,981,000 after purchasing an additional 405,626 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC increased its stake in SharkNinja by 79.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 900,661 shares of the company’s stock valued at $89,156,000 after purchasing an additional 399,043 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

Analyst Upgrades and Downgrades

SN has been the subject of several research reports. Cantor Fitzgerald restated an “outperform” rating on shares of SharkNinja in a research note on Wednesday, December 17th. Guggenheim upped their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. TD Cowen reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Oppenheimer raised their price objective on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. upped their target price on SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.78.

SharkNinja Trading Down 7.8%

NYSE SN opened at $101.61 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $121.07 and a 200 day simple moving average of $109.44. SharkNinja, Inc. has a 12 month low of $60.50 and a 12 month high of $133.99. The firm has a market capitalization of $14.35 billion, a P/E ratio of 20.57, a PEG ratio of 1.47 and a beta of 1.39.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.15. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the sale, the chief financial officer directly owned 8,673 shares of the company’s stock, valued at approximately $991,844.28. This represents a 23.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 11.12% of the company’s stock.

About SharkNinja

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.