SharkNinja, Inc. (NYSE:SN) Shares Sold by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. trimmed its position in shares of SharkNinja, Inc. (NYSE:SN) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,200 shares of the company’s stock after selling 200 shares during the period. Thompson Davis & CO. Inc.’s holdings in SharkNinja were worth $214,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its stake in shares of SharkNinja by 104.6% in the third quarter. Signaturefd LLC now owns 356 shares of the company’s stock valued at $39,000 after acquiring an additional 182 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of SharkNinja in the third quarter valued at $54,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of SharkNinja in the third quarter valued at $54,000. R Squared Ltd acquired a new stake in shares of SharkNinja in the fourth quarter valued at $55,000. Finally, Northwest & Ethical Investments L.P. acquired a new stake in shares of SharkNinja in the third quarter valued at $163,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SN has been the topic of several analyst reports. Jefferies Financial Group increased their price objective on SharkNinja from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Morgan Stanley increased their price objective on SharkNinja from $93.00 to $108.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Canaccord Genuity Group raised their price target on SharkNinja from $129.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. raised their price target on SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, SharkNinja presently has an average rating of “Moderate Buy” and a consensus price target of $122.50.

SharkNinja Stock Performance

Shares of SN stock opened at $103.17 on Friday. The stock’s 50-day moving average is $105.77 and its two-hundred day moving average is $101.85. The firm has a market cap of $14.44 billion, a price-to-earnings ratio of 33.17, a PEG ratio of 2.35 and a beta of 1.13. SharkNinja, Inc. has a 1 year low of $52.05 and a 1 year high of $123.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.06). The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.61 billion. SharkNinja had a return on equity of 32.51% and a net margin of 7.94%. Analysts predict that SharkNinja, Inc. will post 4.52 earnings per share for the current 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.