8,925 Shares in SharkNinja, Inc. (NYSE:SN) Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new stake in SharkNinja, Inc. (NYSE:SNFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,925 shares of the company’s stock, valued at approximately $414,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SN. Counterpoint Mutual Funds LLC bought a new stake in SharkNinja during the 3rd quarter worth approximately $141,000. SG Americas Securities LLC bought a new stake in SharkNinja during the 3rd quarter worth approximately $185,000. Pinnacle Associates Ltd. bought a new stake in SharkNinja during the 3rd quarter worth approximately $335,000. Handelsbanken Fonder AB bought a new stake in SharkNinja during the 3rd quarter worth approximately $457,000. Finally, Financial Enhancement Group LLC bought a new position in shares of SharkNinja in the third quarter valued at approximately $1,330,000.

SharkNinja Trading Up 2.6 %

SharkNinja stock opened at 52.36 on Tuesday. SharkNinja, Inc. has a 12 month low of 25.84 and a 12 month high of 53.40. The company has a current ratio of 1.77, a quick ratio of 1.07 and a debt-to-equity ratio of 0.52. The firm has a 50 day moving average price of 49.37.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SN. Morgan Stanley began coverage on SharkNinja in a report on Tuesday, January 30th. They issued an “equal weight” rating and a $54.00 target price for the company. Guggenheim began coverage on SharkNinja in a report on Monday, February 5th. They issued a “buy” rating and a $60.00 target price for the company. The Goldman Sachs Group began coverage on SharkNinja in a report on Wednesday, October 25th. They issued a “buy” rating and a $52.00 target price for the company. Canaccord Genuity Group assumed coverage on SharkNinja in a report on Tuesday, November 28th. They issued a “buy” rating and a $61.00 target price for the company. Finally, Canaccord Genuity Group assumed coverage on SharkNinja in a research note on Tuesday, November 28th. They issued a “buy” rating and a $61.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of 57.60.

Check Out Our Latest Stock Report on SharkNinja

SharkNinja Company Profile

(Free Report)

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, as well as other floorcare products; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, cookware, cutlery, kettles, toasters, and bakeware products; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, home environment products, and garment care products.

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Institutional Ownership by Quarter for SharkNinja (NYSE:SN)

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