Mark Barrocas Sells SharkNinja Shares
SharkNinja CEO Mark Barrocas sold 100,000 shares in a planned transaction.
Key Points
- On June 18, 2026, Mark Barrocas, CEO of SharkNinja, Inc., sold 100,000 shares at $140 each in a planned sale, totaling $14 million.
- SharkNinja, Inc. (NYSE:SN) traded near $138.56 on Wednesday, with a market cap of $19.61 billion and a P/E ratio of 27.9.
- FMR LLC reduced its stake in SharkNinja by 771,117 shares, while BlackRock, Inc. increased its holdings by 1,214,844 shares.
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On June 18, 2026, Mark Barrocas, the CEO of SharkNinja, Inc. (NYSE:SN), sold 100,000 shares of the company at an average price of $140 each. This transaction, which was planned, amounted to a total value of $14 million.
Insider Buying and Selling at SharkNinja, Inc.
The recent insider activity at SharkNinja included a planned sale by CEO Mark Barrocas, who sold 100,000 shares on June 18, 2026. This sale was executed at an average price of $140 per share, totaling $14 million. Additionally, Barney Tianhao Wang made several transactions on the same day, buying and selling small amounts of shares.
Other Institutional Activity in SharkNinja
Institutional investors have also been active in SharkNinja. FMR LLC reduced its holdings by 771,117 shares, bringing its total to 20,163,379 shares worth approximately $2.14 billion, a 3.7% decrease. In contrast, BlackRock, Inc. increased its stake significantly by 1,214,844 shares, ending with 3,148,454 shares valued at about $333.4 million, marking a 62.8% increase. HIGHTOWER ADVISORS, LLC added 299,411 shares, raising its holdings by 4.7% to 6,627,185 shares worth around $701.8 million.
SharkNinja, Inc. Stock Down 27.5%
Shares of SharkNinja, Inc. traded near $138.56 on Wednesday. The company has a market capitalization of approximately $19.61 billion and a P/E ratio of 27.9. Its stock has experienced a 52-week low of $83.12 and a high of $141.81. The 50-day moving average is $117.80, and the 200-day moving average is $110.62. SharkNinja's beta is 1.306, indicating moderate volatility compared to the market.
$SN stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
SharkNinja reported revenue of $6.59 billion with a growth rate of 15.6%. The company's net margin stands at 10.7%, while the return on equity is 29.4%. Earnings per share are $4.96. SharkNinja is expected to release its next earnings report on August 13, 2026.
Analysts Set New Price Targets
On June 10, 2026, Piper Sandler initiated coverage on SharkNinja with a 'buy' rating and a $150 price target. JP Morgan maintained its 'buy' rating with a target price of $146 on May 7, 2026. The consensus among analysts is a 'strong buy', with an average price target of $149.46 based on 12 analyst opinions.
About SharkNinja
SharkNinja, Inc. is a company focused on designing and developing consumer products. It operates in the Consumer Cyclical sector, specifically in the Furnishings, Fixtures, and Appliances industry. Headquartered in Needham, Massachusetts, SharkNinja offers a diverse range of products, including cleaning appliances, kitchen gadgets, and home environment products. The company markets its products under the Shark and Ninja brands across various retail and online platforms.
Bottom Line
Mark Barrocas' recent planned sale of SharkNinja shares is a part of regular insider activity. Investors keep a close eye on such transactions to gauge executive sentiment. SharkNinja continues to show strong performance in the market, with significant institutional interest and positive analyst ratings. As always, it's important to remember that insider trades are disclosed after the fact and may not reflect current positions.
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