Landscape Capital Management L.L.C. Acquires 138,728 Shares of Pinterest, Inc. $PINS

Landscape Capital Management L.L.C. increased its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 236.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 197,355 shares of the company’s stock after purchasing an additional 138,728 shares during the period. Landscape Capital Management L.L.C.’s holdings in Pinterest were worth $6,118,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. OMERS ADMINISTRATION Corp boosted its stake in shares of Pinterest by 23.8% during the first quarter. OMERS ADMINISTRATION Corp now owns 67,513 shares of the company’s stock valued at $2,093,000 after purchasing an additional 12,998 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Pinterest during the first quarter valued at approximately $268,000. Ieq Capital LLC boosted its stake in shares of Pinterest by 10.0% during the first quarter. Ieq Capital LLC now owns 612,581 shares of the company’s stock valued at $18,990,000 after purchasing an additional 55,682 shares in the last quarter. Orion Capital Management LLC boosted its stake in shares of Pinterest by 9.0% during the first quarter. Orion Capital Management LLC now owns 7,300 shares of the company’s stock valued at $226,000 after purchasing an additional 600 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Pinterest by 21.9% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,696,340 shares of the company’s stock valued at $83,587,000 after purchasing an additional 485,184 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Benchmark increased their target price on shares of Pinterest from $45.00 to $48.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Oppenheimer reissued an “outperform” rating on shares of Pinterest in a research report on Friday, August 8th. UBS Group increased 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. Guggenheim reissued a “buy” rating on shares of Pinterest in a research report on Monday, July 28th. Finally, TD Cowen increased 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. Twenty-five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $42.40.

Insider Transactions at Pinterest

In other news, Director Benjamin Silbermann sold 102,083 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $34.96, for a total value of $3,568,821.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Andrea Acosta sold 3,759 shares of the 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 owned 157,402 shares in the company, valued at $5,502,773.92. The trade was a 2.33% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 992,196 shares of company stock valued at $35,154,134. 7.06% of the stock is owned by corporate insiders.

Pinterest Trading Up 0.5%

NYSE PINS opened at $36.23 on Thursday. The company has a fifty day simple moving average of $36.39 and a two-hundred day simple moving average of $33.30. The stock has a market cap of $24.63 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.45 and a beta of 0.78. Pinterest, Inc. has a 12-month low of $23.68 and a 12-month high of $40.90.

Pinterest (NYSE:PINS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The company had revenue of $998.23 million during the quarter, compared to analysts’ expectations of $973.42 million. Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The company’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 EPS. Pinterest has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast 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.