--- title: "Hodges Capital Management Inc. Acquires New Holdings in SharkNinja, Inc. (NYSE:SN)" description: "Hodges Capital Management Inc. has acquired a new position in SharkNinja, Inc. (NYSE:SN) by purchasing 27,932 shares valued at approximately $1,099,000. Other institutional investors have also made re" type: "news" locale: "en" url: "https://longbridge.com/en/news/213547688.md" published_at: "2024-09-05T11:35:48.000Z" --- # Hodges Capital Management Inc. Acquires New Holdings in SharkNinja, Inc. (NYSE:SN) > Hodges Capital Management Inc. has acquired a new position in SharkNinja, Inc. (NYSE:SN) by purchasing 27,932 shares valued at approximately $1,099,000. Other institutional investors have also made recent investments in SharkNinja. Analysts are optimistic about SharkNinja, with several raising their price targets and issuing buy ratings. The company's stock opened at $23.07, and it has performed well, exceeding consensus estimates in its latest earnings report. SharkNinja reported significant revenue growth in the last quarter, indicating strong market presence and consumer demand. Hodges Capital Management Inc. bought a new position in SharkNinja, Inc. (NYSE:SN - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 27,932 shares of the company's stock, valued at approximately $2,099,000. - Snap's AR Power Play: Don’t Miss This Potential Rebound Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in shares of SharkNinja in the fourth quarter worth about $37,000. Headlands Technologies LLC acquired a new position in shares of SharkNinja during the first quarter worth approximately $66,000. Picton Mahoney Asset Management bought a new stake in shares of SharkNinja in the second quarter valued at approximately $70,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of SharkNinja in the first quarter worth $77,000. Finally, Kessler Investment Group LLC bought a new position in SharkNinja during the second quarter worth $125,000. Institutional investors own 34.77% of the company's stock. ## Wall Street Analysts Forecast Growth SN has been the topic of several research analyst reports. UBS Group raised their price target on shares of SharkNinja from $76.00 to $83.50 and gave the stock a "buy" rating in a research report on Friday, May 10th. The Goldman Sachs Group boosted their price target on SharkNinja from $83.00 to $102.00 and gave the company a "buy" rating in a research note on Monday, August 12th. China Renaissance initiated coverage on SharkNinja in a research report on Wednesday, May 29th. They issued a "buy" rating for the company. JPMorgan Chase & Co. boosted their price objective on SharkNinja from $80.00 to $97.00 and gave the company an "overweight" rating in a research report on Friday, August 9th. Finally, Canaccord Genuity Group raised their target price on SharkNinja from $82.00 to $90.00 and gave the stock a "buy" rating in a research report on Tuesday, July 23rd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, SharkNinja currently has an average rating of "Moderate Buy" and a consensus price target of $83.81. - MarketBeat Week in Review – 8/26 - 8/30 **Read Our Latest Stock Report on SharkNinja** ## SharkNinja Price Performance Shares of SN stock opened at $98.07 on Thursday. The stock's fifty day simple moving average is $80.75 and its 200 day simple moving average is $71.25. SharkNinja, Inc. has a one year low of $33.08 and a one year high of $98.33. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 72.64, a P/E/G ratio of 1.40 and a beta of 0.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.71 and a quick ratio of 1.04. - Snowflake’s Risk/Reward Profile Is Too Good To Miss SharkNinja (NYSE:SN - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.57 by $0.14. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.08 billion. SharkNinja had a net margin of 5.16% and a return on equity of 32.29%. The firm's revenue for the quarter was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. On average, analysts expect that SharkNinja, Inc. will post 3.89 earnings per share for the current fiscal year. ## SharkNinja 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, 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. ## Recommended Stories - Five stocks we like better than SharkNinja - Best Stocks Under $5.00 - ZEEKR Is the Chinese EV Stock to Put on Your Watchlist - Using the MarketBeat Stock Split Calculator - Why the Recent Drop in Palantir Could Be a Perfect Buying Moment - What Are Dividend Contenders? Investing in Dividend Contenders - Agilent Technologies Thrives From the Forever Chemicals Crackdown *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → The solution to fast food’s wage hike crisis (From Deal Maker) (Ad)## Should you invest $1,000 in SharkNinja right now? Before you consider SharkNinja, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SharkNinja wasn't on the list. While SharkNinja currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [SN.US - SharkNinja](https://longbridge.com/en/quote/SN.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Hodges Capital Management Inc. 出售了 26,518 股 SharkNinja, Inc.的股票 $SN | Hodges Capital Management Inc. 在第三季度减少了对 SharkNinja, Inc. (NYSE:SN) 的持股比例，下降了 9.3%，出售了 26,518 股，目前持有 258,239 股。SharkNinj | [Link](https://longbridge.com/en/news/276236287.md) | | 奥本海默将 SharkNinja, Inc. (SN) 的目标价从 140 美元上调至 145 美元，并维持优于大盘的评级 | Oppenheimer 已将 SharkNinja, Inc.（纽约证券交易所代码：SN）的目标股价从 140 美元上调至 145 美元，维持 “跑赢大盘” 的评级。这一调整是在与公司管理层会晤后做出的，反映了对 SharkNinja 更为 | [Link](https://longbridge.com/en/news/276516355.md) | | 谁还需要巧克力呢？为什么越来越多的情人节购物者选择购买吸尘器和汽车轮胎 | 情人节购物者越来越倾向于选择实用的礼物，如吸尘器和汽车轮胎，而不是传统的巧克力和鲜花。像 iRobot 和 SharkNinja 这样的品牌正在将家用电器作为浪漫礼物进行营销，强调其实用性和节省时间的好处。全国零售联合会预测情人节销售额将创 | [Link](https://longbridge.com/en/news/275938426.md) | | 强劲的假日季度业绩推动了 SharkNinja 的股价上涨 | SharkNinja 宣布其首个股票回购计划，金额为 7.5 亿美元，计划于今年开始 | [Link](https://longbridge.com/en/news/275637370.md) | | SharkNinja 超出第四季度每股收益预期，并设定了股票回购计划 | SharkNinja 报告第四季度净销售额增长 17.6%，超出分析师预期。第四季度调整后的每股收益为 1.93 美元，超过市场共识的 1.80 美元。公司宣布了一项 7.5 亿美元的股票回购计划，并预计 2026 年净销售增长为 10-1 | [Link](https://longbridge.com/en/news/275597277.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.