Alamea Verwaltungs GmbH Makes New $286,000 Investment in Pinterest, Inc. $PINS

Key Points

• Alamea Verwaltungs GmbH acquired 9,236 shares of Pinterest, valued at approximately $286,000 in its latest SEC filing, indicating the interest of institutional investors in the company.
• Insider sales at Pinterest included Director Benjamin Silbermann selling 102,083 shares for over $3.39 million, reducing his ownership by 92.39%.
• Analysts have updated their price targets for Pinterest, with UBS raising it to $50.00 and a consensus target around $42.40, reflecting a generally positive outlook.

Alamea Verwaltungs GmbH bought a new stake in Pinterest, Inc. (NYSE:PINS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,236 shares of the company's stock, valued at approximately $286,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Riverpark Capital Management LLC boosted its stake in shares of Pinterest by 1.2% in the first quarter. Riverpark Capital Management LLC now owns 31,825 shares of the company's stock valued at $987,000 after purchasing an additional 377 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Pinterest by 18.6% in the first quarter. Smartleaf Asset Management LLC now owns 3,040 shares of the company's stock valued at $96,000 after purchasing an additional 476 shares during the period. Redwood Investment Management LLC boosted its stake in shares of Pinterest by 3.2% in the fourth quarter. Redwood Investment Management LLC now owns 15,951 shares of the company's stock valued at $463,000 after purchasing an additional 495 shares during the period. NorthRock Partners LLC boosted its stake in shares of Pinterest by 4.7% in the first quarter. NorthRock Partners LLC now owns 11,246 shares of the company's stock valued at $349,000 after purchasing an additional 502 shares during the period. Finally, Brooklyn Investment Group boosted its stake in shares of Pinterest by 8.9% in the first quarter. Brooklyn Investment Group now owns 6,743 shares of the company's stock valued at $209,000 after purchasing an additional 552 shares during the period. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PINS shares. Citigroup restated a "buy" rating and issued a $50.00 target price (up from $44.00) on shares of Pinterest in a research note on Friday, August 8th. Wolfe Research upgraded shares of Pinterest from a "peer perform" rating to an "outperform" rating and set a $40.00 target price for the company in a research note on Thursday, May 15th. Benchmark upped their target price 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. UBS Group upped their target price on shares of Pinterest from $44.00 to $50.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Finally, Wall Street Zen upgraded shares of Pinterest from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Twenty-five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $42.40.

Insider Buying and Selling at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $36.03, for a total transaction of $3,678,050.49. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gokul Rajaram sold 1,150 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $35.00, for a total transaction of $40,250.00. Following the sale, the director directly owned 30,600 shares in the company, valued at $1,071,000. This trade represents a 3.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 992,196 shares of company stock valued at $35,442,008 over the last three months. 7.11% of the stock is currently owned by company insiders.

Pinterest Trading Down 0.0%

NYSE PINS traded down $0.00 during trading hours on Thursday, reaching $37.12. 6,109,756 shares of the company traded hands, compared to its average volume of 11,514,885. Pinterest, Inc. has a 12 month low of $23.68 and a 12 month high of $40.90. The stock has a market capitalization of $25.24 billion, a PE ratio of 13.30, a PEG ratio of 1.47 and a beta of 0.77. The company has a 50 day moving average of $36.59 and a two-hundred day moving average of $33.21.

Pinterest (NYSE:PINS - Get Free Report) last posted 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 company had revenue of $998.23 million for the quarter, compared to the consensus estimate of $973.42 million. Pinterest had a net margin of 49.31% and a return on equity of 8.44%. The company's revenue was up 16.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.29 earnings per share. Pinterest has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Pinterest, Inc. will post 0.6 earnings per share for the current year.

Pinterest Profile

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.