Coatue Management Adds $34M in Pinterest, Inc. ($PINS)
Key Points
- Wall Street's consensus rating on $PINS is Buy and an average price target of $27.75.
- $PINS last traded around $20.20.
Coatue Management acquired a new position in Pinterest, Inc. ($PINS), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,678,764 shares of Pinterest, Inc.. Coatue Management's holdings in Pinterest, Inc. were worth $33.92 million as of its most recent filing.
Pinterest, Inc. ($PINS) Stock
Pinterest, Inc. Earnings
Analysts Set New Price Targets
About Pinterest, Inc.
Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally. The company's platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. It also provides various advertising products to help advertisers meet users; and ad auction that allows to serve ads to users at relevant moments while optimizing business outcomes for advertisers. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
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