Aubrey Capital Management Ltd Has $4 Million Position in SharkNinja, Inc. (NYSE:SN)

Aubrey Capital Management Ltd reduced its stake in SharkNinja, Inc. (NYSE:SN) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,100 shares of the company’s stock after selling 900 shares during the period. SharkNinja comprises approximately 1.5% of Aubrey Capital Management Ltd’s investment portfolio, 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 also recently made changes to their positions in the stock. Silver Oak Securities Incorporated acquired a new stake in SharkNinja during the 4th quarter worth approximately $490,000. WT Asset Management Ltd acquired a new stake in SharkNinja during the 4th quarter worth approximately $3,887,000. First Dallas Securities Inc. boosted its position in SharkNinja by 1,078.5% during the 4th quarter. First Dallas Securities Inc. now owns 23,275 shares of the company’s stock worth $2,266,000 after buying an additional 21,300 shares during the period. Hodges Capital Management Inc. boosted its position in SharkNinja by 92.6% during the 4th quarter. Hodges Capital Management Inc. now owns 368,447 shares of the company’s stock worth $35,872,000 after buying an additional 177,169 shares during the period. Finally, KG&L Capital Management LLC boosted its position in SharkNinja by 19.8% during the 4th quarter. KG&L Capital Management LLC now owns 4,447 shares of the company’s stock worth $433,000 after buying an additional 735 shares during the period. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on SN shares. Jefferies Financial Group lifted their target price on shares of SharkNinja from $115.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. The Goldman Sachs Group raised 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. Canaccord Genuity Group raised their price target on shares of SharkNinja from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. JPMorgan Chase & Co. raised 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 raised 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 equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $117.28.

SharkNinja Stock Performance

NYSE:SN opened at $113.92 on Monday. The company has a fifty day moving average of $103.91 and a 200-day moving average of $99.76. The firm has a market capitalization of $15.94 billion, a P/E ratio of 44.68, a P/E/G ratio of 1.74 and a beta of 1.13. The company has a quick ratio of 0.95, a current ratio of 1.67 and a debt-to-equity ratio of 0.42. SharkNinja, Inc. has a twelve month low of $48.05 and a twelve month high of $115.87.

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.