UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $124.04 Million Stock Holdings in Pinterest, Inc. $PINS

Key Points

• UBS Asset Management Americas LLC reduced its holdings in Pinterest, Inc. by 5.8%, owning 4,001,176 shares valued at approximately $124 million after selling 246,299 shares.
• Pinterest recently reported a quarterly earnings per share (EPS) of $0.33, slightly below the consensus estimate of $0.34, but had revenue of $998.23 million, exceeding expectations.
• Several institutional investors such as Janney Montgomery Scott LLC and Wealth Enhancement Advisory Services LLC have significantly increased their Pinterest holdings in the first quarter, indicating strong institutional interest in the stock.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC decreased its holdings in shares of Pinterest, Inc. (NYSE:PINS - Free Report) by 5.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,001,176 shares of the company's stock after selling 246,299 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.59% of Pinterest worth $124,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its holdings in Pinterest by 73.9% in the first quarter. Janney Montgomery Scott LLC now owns 89,034 shares of the company's stock worth $2,760,000 after acquiring an additional 37,829 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in Pinterest in the first quarter worth approximately $235,000. Concurrent Investment Advisors LLC bought a new position in Pinterest in the first quarter worth approximately $261,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Pinterest by 21.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 112,201 shares of the company's stock worth $3,478,000 after acquiring an additional 19,552 shares in the last quarter. Finally, Revolve Wealth Partners LLC bought a new position in Pinterest in the fourth quarter worth approximately $252,000. Institutional investors own 88.81% of the company's stock.

Pinterest Stock Performance

Shares of NYSE PINS opened at $35.04 on Friday. The stock has a market cap of $23.82 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 1.46 and a beta of 0.77. Pinterest, Inc. has a fifty-two week low of $23.68 and a fifty-two week high of $40.90. The stock has a fifty day moving average of $36.68 and a 200-day moving average of $33.12.

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PINS. Stifel Nicolaus raised their target price on Pinterest from $46.00 to $47.00 and gave the company a "buy" rating in a report on Friday, August 8th. Piper Sandler set a $40.00 target price on Pinterest in a report on Friday, August 8th. Guggenheim restated a "buy" rating on shares of Pinterest in a report on Tuesday, September 2nd. Oppenheimer restated an "outperform" rating on shares of Pinterest in a report on Friday, August 8th. Finally, Monness Crespi & Hardt raised their target price on Pinterest from $40.00 to $46.00 and gave the company a "buy" rating in a report on Friday, August 8th. Twenty-five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Pinterest currently has an average rating of "Moderate Buy" and an average price target of $42.40.

Insider Buying and Selling

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $34.82, for a total transaction of $3,554,530.06. Following the transaction, the director owned 8,414 shares in the company, valued at approximately $292,975.48. This represents a 92.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 1,088,005 shares of company stock worth $39,037,739. Corporate insiders own 7.06% of the company's stock.

Pinterest Company 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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