First Dallas Securities Inc. Acquires 21,300 Shares of SharkNinja, Inc. (NYSE:SN)

First Dallas Securities Inc. lifted its holdings in shares of SharkNinja, Inc. (NYSE:SN) by 1,078.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,275 shares of the company’s stock after purchasing an additional 21,300 shares during the period. SharkNinja accounts for about 0.9% of First Dallas Securities Inc.’s portfolio, making the stock its 27th largest position. First Dallas Securities Inc.’s holdings in SharkNinja were worth $2,266,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Signaturefd LLC boosted its holdings in 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 during the last quarter. Hollencrest Capital Management bought a new position in SharkNinja in the third quarter valued at about $54,000. Safe Harbor Fiduciary LLC bought a new position in SharkNinja in the third quarter valued at about $54,000. R Squared Ltd bought a new position in SharkNinja in the fourth quarter valued at about $55,000. Finally, Waldron Private Wealth LLC bought a new position in SharkNinja in the third quarter valued at about $65,000. Institutional investors own 34.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price target on SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Morgan Stanley raised their target price on SharkNinja from $80.00 to $93.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. The Goldman Sachs Group raised their target price on SharkNinja from $102.00 to $123.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Canaccord Genuity Group raised their target price on SharkNinja from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Finally, Guggenheim raised their target price on SharkNinja from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, October 7th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $117.28.

SharkNinja Trading Down 2.7 %

NYSE SN opened at $108.81 on Tuesday. The firm has a market cap of $15.23 billion, a P/E ratio of 42.67, a P/E/G ratio of 1.59 and a beta of 1.13. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95. The stock’s 50-day moving average is $102.67 and its 200-day moving average is $98.34. SharkNinja, Inc. has a one year low of $47.29 and a one year high of $115.20.

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.