19,747 Shares in SharkNinja, Inc. (NYSE:SN) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new position in SharkNinja, Inc. (NYSE:SN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,747 shares of the company’s stock, valued at approximately $1,484,000.

A number of other institutional investors also recently made changes to their positions in SN. SG Americas Securities LLC grew its position in SharkNinja by 9.4% during the 1st quarter. SG Americas Securities LLC now owns 4,418 shares of the company’s stock worth $275,000 after acquiring an additional 380 shares during the last quarter. Parallel Advisors LLC bought a new position in shares of SharkNinja in the fourth quarter worth approximately $37,000. Picton Mahoney Asset Management purchased a new position in shares of SharkNinja in the second quarter worth $70,000. Headlands Technologies LLC bought a new stake in SharkNinja during the 1st quarter valued at $66,000. Finally, Kessler Investment Group LLC purchased a new stake in SharkNinja during the 2nd quarter valued at $125,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SN shares. Bank of America boosted their price objective on shares of SharkNinja from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. China Renaissance started coverage on SharkNinja in a research report on Wednesday, May 29th. They set a “buy” rating for the company. The Goldman Sachs Group boosted their target price on SharkNinja from $83.00 to $102.00 and gave the company a “buy” rating in a research note on Monday, August 12th. JPMorgan Chase & Co. raised their price target on SharkNinja from $80.00 to $97.00 and gave the stock an “overweight” rating in a research note on Friday, August 9th. Finally, Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $82.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, July 23rd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.81.

SharkNinja Stock Down 1.0 %

NYSE:SN opened at $105.77 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.71 and a quick ratio of 1.04. The firm’s 50-day moving average price is $87.18 and its 200-day moving average price is $75.06. The company has a market capitalization of $14.80 billion, a PE ratio of 78.35, a P/E/G ratio of 1.52 and a beta of 0.76. SharkNinja, Inc. has a 1-year low of $38.69 and a 1-year high of $108.68.

SharkNinja (NYSE:SN) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.14. SharkNinja had a net margin of 5.16% and a return on equity of 32.29%. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the company earned $0.46 earnings per share. The business’s revenue was up 31.4% compared to the same quarter last year. On average, equities analysts predict that SharkNinja, Inc. will post 3.89 EPS 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.