Pinstripes (PNST)

• Market cap: $18M
• 1 day: -0.33%
• 5 days: -11.76%
• 1 month: -43.40%
• 3 months: -41.32%
• 6 months: -79.91%
• Year to date: -96.62%
• 1 year: -96.62%
• 5 years: -96.62%
• 10 years: -96.62%
• Sector: Consumer Discretionary
• Industry: Eating & Drinking Places

About: Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates around 17 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits, and decorative fountains.

Employees: 1,700

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

10% more funds holding

Funds holding: 40 [Q2] → 44 (+4) [Q3]

0.1% more ownership

Funds ownership: 18.44% [Q2] → 18.54% (+0.1%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

71% less capital invested

Capital invested by funds: $19.7M [Q2] → $5.64M (-$14M) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $2 344% upside
• Avg. target: $2.50 456% upside
• High target: $3 567% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

BTIG Peter Saleh 65% 1-year accuracy 11 / 17 met price target	567% upside $3	Buy Maintained	27 Nov 2024
Oppenheimer Brian Bittner 50% 1-year accuracy 19 / 38 met price target	344% upside $2	Outperform Maintained	27 Nov 2024