Sivia Capital Partners LLC Boosts Holdings in Pinterest, Inc. $PINS

Sivia Capital Partners LLC increased its holdings in Pinterest, Inc. (NYSE:PINS) by 39.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,347 shares of the company’s stock after buying an additional 2,649 shares during the quarter. Sivia Capital Partners LLC’s holdings in Pinterest were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in PINS. Revolve Wealth Partners LLC purchased a new position in Pinterest during the fourth quarter valued at approximately $252,000. Janus Henderson Group PLC lifted its holdings in Pinterest by 7.0% during the fourth quarter. Janus Henderson Group PLC now owns 43,640 shares of the company’s stock valued at $1,265,000 after purchasing an additional 2,864 shares in the last quarter. Toronto Dominion Bank lifted its holdings in Pinterest by 4.4% during the fourth quarter. Toronto Dominion Bank now owns 81,252 shares of the company’s stock valued at $2,356,000 after purchasing an additional 3,410 shares in the last quarter. State of Wyoming lifted its holdings in Pinterest by 122.7% during the fourth quarter. State of Wyoming now owns 6,640 shares of the company’s stock valued at $193,000 after purchasing an additional 3,658 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in Pinterest by 258.3% during the fourth quarter. Tidal Investments LLC now owns 72,289 shares of the company’s stock valued at $2,096,000 after purchasing an additional 52,111 shares in the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Pinterest Stock Down 0.4%

PINS stock opened at $36.34 on Friday. Pinterest, Inc. has a twelve month low of $23.68 and a twelve month high of $40.90. The stock has a market capitalization of $24.71 billion, a price-to-earnings ratio of 13.03, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. The firm’s fifty day simple moving average is $36.72 and its two-hundred day simple moving average is $33.12.

Pinterest (NYSE:PINS) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.33 earnings per share 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 firm 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 firm earned $0.29 EPS. The company’s revenue was up 16.9% on a year-over-year basis. Pinterest has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Pinterest, Inc. will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $34.96, for a total transaction of $3,568,821.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have sold a total of 1,088,005 shares of company stock worth $39,225,572 in the last quarter. Insiders own 7.06% of the company’s stock.

Analysts Set New Price Targets

PINS has been the topic of several analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of Pinterest in a report on Friday, August 8th. KeyCorp lifted their price target on shares of Pinterest from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Bank of America lifted their price target on shares of Pinterest from $41.00 to $44.00 and gave the company a “buy” rating in a report on Friday, August 8th. Sanford C. Bernstein lifted their price target on shares of Pinterest from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Finally, Cowen reiterated a “buy” rating on shares of Pinterest in a research report on Friday, August 8th. Twenty-five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target 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.