Shares of Pinterest (NASDAQ:PINS) gapped up prior to trading on Tuesday . The stock had previously closed at $37.75, but opened at $34.26. Pinterest shares last traded at $31.10, with a volume of 26716655 shares trading hands.
A number of brokerages have weighed in on PINS. DA Davidson began coverage on shares of Pinterest in a research report on Monday, April 15th. They issued a “neutral” rating on the stock. Atlantic Securities began coverage on shares of Pinterest in a research report on Tuesday, April 9th. They issued an “overweight” rating and a $23.00 target price on the stock.
In related news, Director Fredric G. Reynolds bought 40,000 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were purchased at an average price of $27.04 per share, for a total transaction of $1,081,600.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
There is no company description available for Pinterest Inc
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