TD Private Client Wealth LLC Has $94,000 Stake in Pinterest, Inc. $PINS

TD Private Client Wealth LLC grew its holdings in Pinterest, Inc. (NYSE:PINS) by 16.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,623 shares of the company’s stock after purchasing an additional 371 shares during the period. TD Private Client Wealth LLC’s holdings in Pinterest were worth $94,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC bought a new position in shares of Pinterest in the 1st quarter valued at $25,000. Garde Capital Inc. bought a new position in shares of Pinterest in the 1st quarter valued at $26,000. NBC Securities Inc. increased its stake in shares of Pinterest by 99,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $31,000 after purchasing an additional 999 shares during the last quarter. American National Bank & Trust bought a new position in shares of Pinterest in the 1st quarter valued at $32,000. Finally, Golden State Wealth Management LLC increased its stake in shares of Pinterest by 665.4% in the 1st quarter. Golden State Wealth Management LLC now owns 1,217 shares of the company’s stock valued at $38,000 after purchasing an additional 1,058 shares during the last quarter. Institutional investors own 88.81% of the company’s stock.

Insider Buying and Selling

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of Pinterest stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $34.96, for a total transaction of $3,568,821.68. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 1,069,710 shares of company stock worth $38,480,848. 7.11% of the stock is currently owned by insiders.

Pinterest Trading Down 1.0%

Shares of PINS opened at $33.27 on Tuesday. The company has a market capitalization of $22.62 billion, a PE ratio of 11.92, a PEG ratio of 1.41 and a beta of 0.77. Pinterest, Inc. has a 12 month low of $23.68 and a 12 month high of $40.90. The stock’s 50-day moving average price is $36.41 and its two-hundred day moving average price is $33.16.

Pinterest (NYSE:PINS) last announced 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 company 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 quarterly 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 earnings per share. Pinterest has set its Q3 2025 guidance at EPS. Equities research analysts predict that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

PINS has been the topic of several recent analyst reports. Stifel Nicolaus lifted their price target on Pinterest from $46.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Sanford C. Bernstein lifted their price target on Pinterest from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. KeyCorp lifted their price target on Pinterest from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Barclays raised their price objective on Pinterest from $38.00 to $40.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Finally, Oppenheimer reissued an “outperform” rating on shares of Pinterest in a report on Friday, August 8th. Twenty-four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Pinterest has a consensus rating of “Moderate Buy” and an average price target of $42.38.

About Pinterest

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.