SharkNinja, Inc. (NYSE:SN) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lowered its stake in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 33.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,557 shares of the company's stock after selling 25,365 shares during the quarter. SharkNinja comprises approximately 0.5% of Landscape Capital Management L.L.C.'s investment portfolio, making the stock its 26th largest holding. Landscape Capital Management L.L.C.'s holdings in SharkNinja were worth $4,825,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SN. The Manufacturers Life Insurance Company acquired a new stake in shares of SharkNinja during the third quarter worth about $271,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in SharkNinja by 306.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 32,404 shares of the company's stock valued at $3,523,000 after acquiring an additional 24,423 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of SharkNinja in the 3rd quarter valued at $17,826,000. Point72 Asset Management L.P. acquired a new stake in shares of SharkNinja in the third quarter worth $770,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of SharkNinja in the third quarter worth $54,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Trading Down 0.9 %

SN traded down $0.59 during trading hours on Wednesday, reaching $65.06. The company's stock had a trading volume of 787,404 shares, compared to its average volume of 1,343,736. The stock has a market cap of $9.13 billion, a PE ratio of 20.99, a P/E/G ratio of 2.35 and a beta of 1.65. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $123.00. 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 business's 50-day moving average is $96.10 and its 200-day moving average is $100.72.

SharkNinja (NYSE:SN - Get Free Report) last announced 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). The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. As a group, equities research analysts predict that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

SharkNinja 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.