Guild Investment Management Inc. Buys 11,250 Shares of Pinterest, Inc. $PINS

Key Points

• Guild Investment Management Inc. increased its stake in Pinterest, Inc. by 47.5% during Q2, now holding 34,955 shares valued at approximately $1.25 million.
• Pinterest's stock has seen a decrease of 2.0% and currently trades at $31.39, with a market capitalization of $21.34 billion.
• Recent earnings results showed Pinterest reported $0.33 EPS, missing the consensus estimate, but revenue increased by 16.9% year-over-year.

Guild Investment Management Inc. boosted its stake in shares of Pinterest, Inc. (NYSE:PINS - Free Report) by 47.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,955 shares of the company's stock after purchasing an additional 11,250 shares during the quarter. Guild Investment Management Inc.'s holdings in Pinterest were worth $1,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Pinterest in the first quarter valued at about $25,000. Garde Capital Inc. bought a new stake in shares of Pinterest in the first quarter valued at about $26,000. NBC Securities Inc. boosted its position in shares of Pinterest by 99,900.0% in the first quarter. NBC Securities Inc. now owns 1,000 shares of the company's stock valued at $31,000 after acquiring an additional 999 shares during the period. West Branch Capital LLC bought a new stake in shares of Pinterest in the second quarter valued at about $36,000. Finally, Golden State Wealth Management LLC boosted its position in shares of Pinterest by 665.4% in the first quarter. Golden State Wealth Management LLC now owns 1,217 shares of the company's stock valued at $38,000 after acquiring an additional 1,058 shares during the period. 88.81% of the stock is owned by institutional investors.

Pinterest Stock Down 2.0%

PINS opened at $31.39 on Wednesday. The stock has a market capitalization of $21.34 billion, a price-to-earnings ratio of 11.25, a P/E/G ratio of 1.34 and a beta of 0.81. Pinterest, Inc. has a twelve month low of $23.68 and a twelve month high of $40.90. The company has a 50-day simple moving average of $35.67 and a 200 day simple moving average of $33.16.

Pinterest (NYSE:PINS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The business had revenue of $998.23 million for the quarter, compared to analyst estimates of $973.42 million. Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The firm's revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS. Pinterest has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PINS. Oppenheimer reissued an "outperform" rating on shares of Pinterest in a research report on Friday, August 8th. UBS Group boosted their target price on shares of Pinterest from $44.00 to $50.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Wall Street Zen cut shares of Pinterest from a "buy" rating to a "hold" rating in a research report on Saturday. TD Cowen boosted their target price on shares of Pinterest from $40.00 to $43.00 and gave the company a "buy" rating in a research report on Tuesday, July 15th. Finally, Susquehanna reissued a "positive" rating and issued a $42.00 target price on shares of Pinterest in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $42.63.

Insiders Place Their Bets

In other Pinterest news, CFO Donnelly Julia Brau sold 22,821 shares of the business's stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $34.85, for a total transaction of $795,311.85. Following the completion of the transaction, the chief financial officer owned 312,422 shares of the company's stock, valued at approximately $10,887,906.70. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Benjamin Silbermann sold 102,083 shares of the business's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $36.01, for a total value of $3,676,008.83. Following the transaction, the director directly owned 8,414 shares of the company's stock, valued at approximately $302,988.14. The trade was a 92.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 865,552 shares of company stock valued at $31,242,397. 7.11% of the stock is currently owned by corporate insiders.

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.

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