Atika Capital Management LLC Has $4.13 Million Stock Holdings in SharkNinja, Inc. $SN

Atika Capital Management LLC lowered its position in shares of SharkNinja, Inc. (NYSE:SN) by 53.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,000 shares of the company’s stock after selling 45,500 shares during the quarter. Atika Capital Management LLC’s holdings in SharkNinja were worth $4,126,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new stake in SharkNinja during the 3rd quarter worth $29,000. TFC Financial Management Inc. bought a new position in SharkNinja during the third quarter worth about $55,000. EverSource Wealth Advisors LLC grew its stake in SharkNinja by 2,071.9% in the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock valued at $69,000 after acquiring an additional 663 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in SharkNinja in the third quarter valued at about $97,000. Finally, Allworth Financial LP increased its holdings in shares of SharkNinja by 495.5% in the second quarter. Allworth Financial LP now owns 1,840 shares of the company’s stock worth $182,000 after acquiring an additional 1,531 shares in the last quarter. Institutional investors own 34.77% of the company’s stock.

Wall Street Analyst Weigh In

SN has been the topic of a number of research analyst reports. Canaccord Genuity Group set a $160.00 price target on SharkNinja in a research report on Thursday, February 12th. Oppenheimer increased their target price on SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Jefferies Financial Group restated a “buy” rating and set a $200.00 target price on shares of SharkNinja in a report on Wednesday, February 11th. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a research note on Thursday, February 12th. Finally, TD Cowen reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $145.78.

SharkNinja Price Performance

NYSE:SN opened at $109.99 on Thursday. The stock has a market capitalization of $15.53 billion, a PE ratio of 22.26, a P/E/G ratio of 1.50 and a beta of 1.39. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $133.99. The firm has a fifty day simple moving average of $121.28 and a 200 day simple moving average of $109.49. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26.

SharkNinja (NYSE:SN) last posted its quarterly 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 for 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 company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, research analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Insider Buying and Selling at SharkNinja

In other 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 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 Securities & Exchange Commission, which can be accessed through the SEC website. 11.12% of the stock is owned by corporate insiders.

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.