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

Williamson Legacy Group LLC increased its stake in shares of SharkNinja, Inc. (NYSE:SN) by 109.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,930 shares of the company’s stock after purchasing 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.

Several other hedge funds have also recently modified their holdings of the stock. FMR LLC lifted its holdings in shares of SharkNinja by 47.5% during the third quarter. FMR LLC now owns 10,307,632 shares of the company’s stock worth $1,120,543,000 after purchasing an additional 3,321,684 shares during the period. Baillie Gifford & Co. lifted its holdings in shares of SharkNinja by 33.1% during the fourth quarter. Baillie Gifford & Co. now owns 2,430,185 shares of the company’s stock worth $236,603,000 after purchasing an additional 604,559 shares during the period. Westfield Capital Management Co. LP acquired a new stake in shares of SharkNinja during the third quarter worth $114,878,000. State Street Corp lifted its holdings in shares of SharkNinja by 17.8% during the third quarter. State Street Corp now owns 667,003 shares of the company’s stock worth $72,510,000 after purchasing an additional 101,020 shares during the period. Finally, Artemis Investment Management LLP lifted its holdings in shares of SharkNinja by 74.2% during the fourth quarter. Artemis Investment Management LLP now owns 390,757 shares of the company’s stock worth $38,044,000 after purchasing an additional 166,392 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

SharkNinja Trading Up 1.4 %

Shares of SN stock opened at $104.91 on Friday. SharkNinja, Inc. has a fifty-two week low of $53.41 and a fifty-two week high of $123.00. The stock has a market cap of $14.68 billion, a P/E ratio of 33.73, a P/E/G ratio of 2.35 and a beta of 1.13. The business has a fifty day simple moving average of $106.45 and a 200-day simple moving average of $102.63. 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 (NYSE:SN) last announced its quarterly earnings results on Thursday, February 13th. The company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.06). SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.61 billion. On average, analysts forecast that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

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.