SharkNinja, Inc. (NYSE:SN) Shares Acquired by Keybank National Association OH

Keybank National Association OH increased its holdings in SharkNinja, Inc. (NYSE:SN) by 19.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,487 shares of the company’s stock after buying an additional 1,039 shares during the period. Keybank National Association OH’s holdings in SharkNinja were worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of SN. State Street Corp increased its stake in SharkNinja by 17.8% in the 3rd quarter. State Street Corp now owns 667,003 shares of the company’s stock valued at $72,510,000 after buying an additional 101,020 shares during the period. Tidal Investments LLC increased its stake in SharkNinja by 38.7% in the 3rd quarter. Tidal Investments LLC now owns 19,397 shares of the company’s stock valued at $2,109,000 after buying an additional 5,416 shares during the period. Lord Abbett & CO. LLC acquired a new position in SharkNinja in the 3rd quarter valued at $5,832,000. Advisors Asset Management Inc. increased its stake in SharkNinja by 50.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,817 shares of the company’s stock valued at $2,154,000 after buying an additional 6,662 shares during the period. Finally, Harbor Capital Advisors Inc. increased its stake in SharkNinja by 30.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 117,403 shares of the company’s stock valued at $11,430,000 after buying an additional 27,436 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Price Performance

NYSE:SN opened at $90.57 on Friday. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average is $106.12 and its two-hundred day moving average is $102.86. SharkNinja, Inc. has a 12-month low of $54.54 and a 12-month high of $123.00.

SharkNinja (NYSE:SN) last released 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 analysts’ expectations of $1.61 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. Research analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SN shares. JPMorgan Chase & Co. boosted their target price on shares of SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Jefferies Financial Group boosted their target price 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. Canaccord Genuity Group boosted their target price 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. Finally, Morgan Stanley boosted their price objective on shares of SharkNinja from $93.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $122.50.

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.