Blair William & Co. IL Has $9.81 Million Position in SharkNinja, Inc. (NYSE:SN)

Blair William & Co. IL trimmed its position in SharkNinja, Inc. (NYSE:SN - Free Report) by 10.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,778 shares of the company's stock after selling 11,269 shares during the period. Blair William & Co. IL owned approximately 0.07% of SharkNinja worth $9,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Riposte Capital LLC grew its stake in shares of SharkNinja by 15.0% in the 4th quarter. Riposte Capital LLC now owns 115,000 shares of the company's stock worth $11,196,000 after purchasing an additional 15,000 shares during the last quarter. Vanguard Group Inc. grew its position in SharkNinja by 6.3% in the fourth quarter. Vanguard Group Inc. now owns 159,888 shares of the company's stock worth $15,567,000 after buying an additional 9,484 shares during the last quarter. Sei Investments Co. increased its holdings in shares of SharkNinja by 7.1% in the fourth quarter. Sei Investments Co. now owns 104,265 shares of the company's stock valued at $10,151,000 after buying an additional 6,949 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of SharkNinja by 12.1% during the 4th quarter. Teacher Retirement System of Texas now owns 37,000 shares of the company's stock valued at $3,602,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Xponance Inc. boosted its stake in shares of SharkNinja by 11.3% during the 4th quarter. Xponance Inc. now owns 4,053 shares of the company's stock worth $395,000 after acquiring an additional 411 shares in the last quarter. 34.77% of the stock is owned by institutional investors.

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SharkNinja Stock Down 23.6 %

SN traded down $20.91 on Thursday, reaching $67.52. 3,087,354 shares of the company traded hands, compared to its average volume of 1,277,657. The company has a market cap of $9.45 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.73 and a quick ratio of 1.14. The stock's 50 day moving average price is $100.41 and its 200-day moving average price is $102.01. SharkNinja, Inc. has a 52-week low of $61.00 and a 52-week high of $123.00.

SharkNinja (NYSE:SN - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.06). SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The company had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.61 billion. On average, sell-side analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on SN shares. JPMorgan Chase & Co. upped their target price on SharkNinja from $120.00 to $127.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Jefferies Financial Group upped their price objective on shares of SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Canaccord Genuity Group boosted their price target on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a report on Friday, February 14th. Finally, Morgan Stanley raised their price objective on shares of SharkNinja from $93.00 to $108.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $122.50.

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.