Oak Thistle LLC Acquires Shares of 3,630 SharkNinja, Inc. (NYSE:SN)

Oak Thistle LLC acquired a new stake in shares of SharkNinja, Inc. (NYSE:SN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,630 shares of the company's stock, valued at approximately $353,000.

Other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC raised its holdings in shares of SharkNinja by 104.6% in the 3rd quarter. Signaturefd LLC now owns 356 shares of the company's stock worth $39,000 after purchasing an additional 182 shares during the period. Hollencrest Capital Management acquired a new position in shares of SharkNinja during the third quarter worth $54,000. Safe Harbor Fiduciary LLC acquired a new stake in SharkNinja during the 3rd quarter valued at $54,000. Waldron Private Wealth LLC purchased a new stake in shares of SharkNinja during the third quarter worth about $65,000. Finally, Northwest & Ethical Investments L.P. purchased a new position in shares of SharkNinja during the 3rd quarter valued at approximately $163,000. Institutional investors and hedge funds own 34.77% of the company's stock.

Analyst Ratings Changes

SN has been the topic of several research analyst reports. Oppenheimer assumed coverage on shares of SharkNinja in a research report on Tuesday, October 1st. They set an "outperform" rating and a $120.00 price target on the stock. JPMorgan Chase & Co. raised their target price on SharkNinja from $120.00 to $127.00 and gave the company an "overweight" rating in a research report on Thursday. Canaccord Genuity Group lifted their price objective on shares of SharkNinja from $128.00 to $129.00 and gave the company a "buy" rating in a research note on Wednesday, January 8th. Morgan Stanley upped their price target on shares of SharkNinja from $80.00 to $93.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Finally, Guggenheim increased their price target on SharkNinja from $100.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, October 7th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $117.28.

SharkNinja Stock Up 0.7 %

SN traded up $0.75 on Friday, reaching $109.61. 569,470 shares of the company traded hands, compared to its average volume of 963,961. SharkNinja, Inc. has a 52-week low of $45.85 and a 52-week high of $112.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95. The company has a market cap of $15.34 billion, a price-to-earnings ratio of 42.99, a PEG ratio of 1.54 and a beta of 1.10. The stock's 50 day moving average price is $100.35 and its 200-day moving average price is $95.15.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.04 by $0.17. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.31 billion. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. SharkNinja's quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.95 EPS. On average, sell-side analysts expect that SharkNinja, Inc. will post 3.89 EPS for the current fiscal year.

SharkNinja Company Profile

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.