15,441 Shares in Pinterest, Inc. $PINS Acquired by Avior Wealth Management LLC

Avior Wealth Management LLC acquired a new position in shares of Pinterest, Inc. (NYSE:PINS) during the 2nd quarter, Holdings Channel reports. The fund acquired 15,441 shares of the company’s stock, valued at approximately $554,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bartlett & CO. Wealth Management LLC bought a new position in Pinterest during the 1st quarter worth approximately $25,000. Garde Capital Inc. bought a new position in Pinterest during the 1st quarter worth approximately $26,000. NBC Securities Inc. boosted its stake in Pinterest by 99,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock worth $31,000 after acquiring an additional 999 shares during the last quarter. West Branch Capital LLC bought a new position in Pinterest during the 2nd quarter worth approximately $36,000. Finally, American National Bank & Trust bought a new position in Pinterest during the 1st quarter worth approximately $32,000. Institutional investors own 88.81% of the company’s stock.

Pinterest Stock Performance

Shares of PINS opened at $33.27 on Tuesday. Pinterest, Inc. has a twelve month low of $23.68 and a twelve month high of $40.90. The firm’s 50 day moving average price is $36.41 and its two-hundred day moving average price is $33.16. The firm has a market cap of $22.62 billion, a P/E ratio of 11.92, a PEG ratio of 1.41 and a beta of 0.77.

Pinterest (NYSE:PINS) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $998.23 million during the quarter, compared to the consensus estimate of $973.42 million. Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 EPS. Pinterest has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Pinterest, Inc. will post 0.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PINS has been the topic of several recent analyst reports. UBS Group lifted their price objective on shares of Pinterest from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Wedbush lifted their price objective on shares of Pinterest from $42.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. JPMorgan Chase & Co. raised shares of Pinterest from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $35.00 to $40.00 in a research note on Tuesday, June 3rd. Morgan Stanley raised shares of Pinterest from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $37.00 to $45.00 in a research note on Monday, July 21st. Finally, Benchmark lifted their price target on shares of Pinterest from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Twenty-four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Pinterest has an average rating of “Moderate Buy” and a consensus price target of $42.38.

Insider Buying and Selling at Pinterest

In other news, CFO Donnelly Julia Brau sold 22,821 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $34.85, for a total value of $795,311.85. Following the sale, the chief financial officer owned 312,422 shares of the company’s stock, valued at $10,887,906.70. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Andrea Acosta sold 3,759 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $34.96, for a total transaction of $131,414.64. Following the completion of the sale, the chief accounting officer directly owned 157,402 shares in the company, valued at approximately $5,502,773.92. This represents a 2.33% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 1,069,710 shares of company stock worth $38,480,848. Company insiders own 7.11% of the company’s stock.

About Pinterest

Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.