Aubrey Capital Management Ltd lessened its holdings in shares of SharkNinja, Inc. (NYSE:SN – Free Report) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 41,100 shares of the company’s stock after selling 900 shares during the period. SharkNinja comprises 1.5% of Aubrey Capital Management Ltd’s holdings, making the stock its 23rd largest position. Aubrey Capital Management Ltd’s holdings in SharkNinja were worth $4,000,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of SN. Stifel Financial Corp boosted its holdings in SharkNinja by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 4,790 shares of the company’s stock worth $521,000 after acquiring an additional 100 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in SharkNinja by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 4,026 shares of the company’s stock worth $438,000 after acquiring an additional 139 shares during the last quarter. Signaturefd LLC boosted its holdings in SharkNinja by 104.6% during the 3rd quarter. Signaturefd LLC now owns 356 shares of the company’s stock worth $39,000 after acquiring an additional 182 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in SharkNinja by 6.4% during the 4th quarter. Avior Wealth Management LLC now owns 5,139 shares of the company’s stock worth $500,000 after acquiring an additional 310 shares during the last quarter. Finally, Hollencrest Capital Management purchased a new position in SharkNinja during the 3rd quarter worth $54,000. Institutional investors own 34.77% of the company’s stock.
Analyst Upgrades and Downgrades
SN has been the topic of a number of analyst reports. Canaccord Genuity Group lifted their price objective on shares of SharkNinja from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Jefferies Financial Group boosted their price target on shares of SharkNinja from $115.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. The Goldman Sachs Group boosted their price target on shares of SharkNinja from $102.00 to $123.00 and gave the stock a “buy” rating in a report on Monday, October 21st. JPMorgan Chase & Co. boosted their price target on shares of SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Finally, Morgan Stanley boosted their price target on shares of SharkNinja from $80.00 to $93.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.28.
SharkNinja Price Performance
NYSE SN opened at $113.92 on Monday. The company has a market cap of $15.94 billion, a PE ratio of 44.68, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13. SharkNinja, Inc. has a 52 week low of $48.05 and a 52 week high of $115.87. The company has a quick ratio of 0.95, a current ratio of 1.67 and a debt-to-equity ratio of 0.42. The firm’s 50-day simple moving average is $103.91 and its two-hundred day simple moving average is $99.76.
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.
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