Waverton Investment Management increases Pinterest stake, with institutional investors holding 88.81% of stock.
Waverton Investment Management has boosted its Pinterest stake by acquiring 20,085 shares, totaling 145,555 shares. Institutional investors hold 88.81% of Pinterest stock. The company reported a 20.6% revenue increase year-over-year and an EPS of $0.29, surpassing expectations. Analysts generally rate Pinterest as a "Moderate Buy," with a consensus price target of $42.65. Recent adjustments in investor stakes reflect ongoing interest in the stock.
September 06, 2024
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