Teza Capital Management LLC Acquires New Holdings in Pinterest, Inc. $PINS

Key Points

• Teza Capital Management LLC acquired 20,830 shares of Pinterest, valued at approximately $646,000, marking a new stake in the company during the first quarter.
• Analysts have varied opinions on Pinterest's stock, with Wedbush raising its target price to $44.00 and Citigroup increasing it to $50.00, indicating a general consensus rating of "Moderate Buy".
• Pinterest reported quarterly revenue of $998.23 million, exceeding analyst estimates, although its earnings per share missed expectations by $0.01.

Teza Capital Management LLC bought a new position in shares of Pinterest, Inc. (NYSE:PINS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,830 shares of the company's stock, valued at approximately $646,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PINS. Bartlett & CO. Wealth Management LLC acquired a new position in Pinterest during the first quarter worth about $25,000. Garde Capital Inc. acquired a new position in Pinterest during the first quarter worth about $26,000. NBC Securities Inc. raised its position in Pinterest by 99,900.0% during the first 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. American National Bank & Trust acquired a new position in shares of Pinterest in the first quarter valued at approximately $32,000. Finally, Golden State Wealth Management LLC raised 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 buying an additional 1,058 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Pinterest Stock Performance

Shares of PINS stock traded up $0.08 on Friday, hitting $35.04. The stock had a trading volume of 6,134,508 shares, compared to its average volume of 8,250,459. Pinterest, Inc. has a 52-week low of $23.68 and a 52-week high of $40.90. The firm has a market capitalization of $23.82 billion, a price-to-earnings ratio of 12.56, a P/E/G ratio of 1.46 and a beta of 0.77. The stock's 50 day moving average is $36.68 and its 200-day moving average is $33.12.

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). Pinterest had a net margin of 49.31% and a return on equity of 8.44%. The company had revenue of $998.23 million for the quarter, compared to the consensus estimate of $973.42 million. During the same quarter last year, the company earned $0.29 earnings per share. The company's revenue was up 16.9% compared to the same quarter last year. Pinterest has set its Q3 2025 guidance at EPS. Equities analysts expect that Pinterest, Inc. will post 0.6 earnings per share for the current year.

Insider Buying and Selling

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of the stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $34.82, for a total transaction of $3,554,530.06. Following the transaction, the director directly owned 8,414 shares in the company, valued at $292,975.48. This represents a 92.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 1,088,005 shares of company stock worth $39,037,739. Corporate insiders own 7.06% of the company's stock.

Analyst Upgrades and Downgrades

PINS has been the subject of a number of analyst reports. Citigroup reissued a "buy" rating and issued a $50.00 price objective (up previously from $44.00) on shares of Pinterest in a research report on Friday, August 8th. UBS Group upped their price target on shares of Pinterest from $44.00 to $50.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Piper Sandler set a $40.00 price target on shares of Pinterest in a research report on Friday, August 8th. Barclays upped their price target on shares of Pinterest from $38.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Finally, Stifel Nicolaus upped their price target on shares of Pinterest from $46.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Twenty-five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $42.40.

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.