Avior Wealth Management LLC Has $525,000 Stock Holdings in SharkNinja, Inc. (NYSE:SN)

Avior Wealth Management LLC grew its stake in shares of SharkNinja, Inc. (NYSE:SN) by 11,972.5% during the 3rd quarter, Holdings Channel reports. The firm owned 4,829 shares of the company’s stock after buying an additional 4,789 shares during the period. Avior Wealth Management LLC’s holdings in SharkNinja were worth $525,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CIBC Asset Management Inc grew its holdings in SharkNinja by 3.6% during the third quarter. CIBC Asset Management Inc now owns 4,026 shares of the company’s stock worth $438,000 after purchasing an additional 139 shares during the period. Signaturefd LLC lifted its position in shares of SharkNinja by 104.6% in the third quarter. Signaturefd LLC now owns 356 shares of the company’s stock valued at $39,000 after buying an additional 182 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of SharkNinja during the 3rd quarter worth approximately $54,000. Waldron Private Wealth LLC acquired a new position in shares of SharkNinja during the 3rd quarter worth approximately $65,000. Finally, Picton Mahoney Asset Management bought a new stake in SharkNinja in the 2nd quarter valued at $70,000. Institutional investors own 34.77% of the company’s stock.

Wall Street Analysts Forecast Growth

SN has been the topic of several research reports. Jefferies Financial Group upped their price objective on shares of SharkNinja from $115.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their price target on shares of SharkNinja from $128.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Canaccord Genuity Group boosted their price objective on SharkNinja from $126.00 to $128.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Morgan Stanley increased their target price 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, Oppenheimer started coverage on SharkNinja in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $120.00 price target for the company. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $110.85.

SharkNinja Price Performance

SharkNinja stock opened at $100.39 on Friday. The firm has a market cap of $14.05 billion, a PE ratio of 39.37, a price-to-earnings-growth ratio of 1.63 and a beta of 1.04. 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 fifty day moving average price is $104.40 and its two-hundred day moving average price is $88.25. SharkNinja, Inc. has a one year low of $45.35 and a one year high of $112.93.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Thursday, October 31st. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.17. SharkNinja had a return on equity of 32.55% and a net margin of 7.02%. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the business earned $0.95 earnings per share. SharkNinja’s revenue was up 33.3% on a year-over-year basis. As a group, research analysts expect that SharkNinja, Inc. will post 3.88 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.