SharkNinja, Inc. (NYSE:SN) Shares Acquired by Williamson Legacy Group LLC

Williamson Legacy Group LLC grew its holdings in SharkNinja, Inc. (NYSE:SN - Free Report) by 109.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,930 shares of the company's stock after buying an additional 3,099 shares during the quarter. Williamson Legacy Group LLC's holdings in SharkNinja were worth $577,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SN. Hollencrest Capital Management purchased a new position in SharkNinja during the third quarter valued at $54,000. Safe Harbor Fiduciary LLC purchased a new position in SharkNinja in the 3rd quarter valued at about $54,000. R Squared Ltd acquired a new stake in SharkNinja in the 4th quarter worth about $55,000. Northwest & Ethical Investments L.P. purchased a new stake in SharkNinja during the 3rd quarter worth approximately $163,000. Finally, SG Americas Securities LLC acquired a new position in shares of SharkNinja during the fourth quarter valued at approximately $171,000. Hedge funds and other institutional investors own 34.77% of the company's stock.

SharkNinja Stock Down 3.4 %

NYSE SN traded down $3.58 during trading hours on Monday, hitting $101.51. 418,109 shares of the company were exchanged, compared to its average volume of 1,128,971. The company has a 50 day moving average of $106.45 and a two-hundred day moving average of $102.82. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.38. SharkNinja, Inc. has a 52-week low of $54.54 and a 52-week high of $123.00. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 2.35 and a beta of 1.13.

SharkNinja (NYSE:SN - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $1.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.06). The firm 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%. Equities research analysts anticipate that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. 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. JPMorgan Chase & Co. boosted their price objective on SharkNinja from $120.00 to $127.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Morgan Stanley raised their target price on SharkNinja from $93.00 to $108.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Finally, 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 research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, SharkNinja presently has a consensus rating of "Moderate Buy" and an average target price 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.