5,115 Shares in SharkNinja, Inc. (NYSE:SN) Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated purchased a new stake in SharkNinja, Inc. (NYSE:SN) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,115 shares of the company’s stock, valued at approximately $490,000.

A number of other large investors have also recently bought and sold shares of the company. Stifel Financial Corp increased its position in shares of SharkNinja by 2.1% in the third quarter. Stifel Financial Corp now owns 4,790 shares of the company’s stock valued at $521,000 after acquiring an additional 100 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of SharkNinja by 3.6% in the third quarter. CIBC Asset Management Inc now owns 4,026 shares of the company’s stock valued at $438,000 after purchasing an additional 139 shares during the last quarter. Signaturefd LLC lifted its position in SharkNinja by 104.6% during the third 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 stake in SharkNinja by 6.4% in the 4th quarter. Avior Wealth Management LLC now owns 5,139 shares of the company’s stock valued at $500,000 after purchasing an additional 310 shares during the period. Finally, Hollencrest Capital Management acquired a new position in shares of SharkNinja in the third quarter valued at about $54,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Price Performance

Shares of SN opened at $113.92 on Friday. 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 business’s fifty day moving average is $103.64 and its 200 day moving average is $99.08. SharkNinja, Inc. has a 12-month low of $48.05 and a 12-month high of $115.87. The stock has a market cap of $15.94 billion, a P/E ratio of 44.68, a P/E/G ratio of 1.59 and a beta of 1.13.

Wall Street Analysts Forecast Growth

SN has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. The Goldman Sachs Group upped 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. Jefferies Financial Group boosted their target price on shares of SharkNinja from $115.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley lifted their price objective on SharkNinja from $80.00 to $93.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. Finally, Canaccord Genuity Group upped their price target on shares of SharkNinja from $128.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $117.28.

About SharkNinja

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.