Pinterest, Inc. $PINS Stake Reduced by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd decreased its holdings in Pinterest, Inc. (NYSE:PINS) by 36.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,204 shares of the company’s stock after selling 33,271 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Pinterest were worth $1,939,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PINS. Allspring Global Investments Holdings LLC increased its holdings in shares of Pinterest by 15.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 835,179 shares of the company’s stock valued at $26,600,000 after acquiring an additional 110,089 shares during the last quarter. Renaissance Group LLC lifted its holdings in Pinterest by 4.5% in the 2nd quarter. Renaissance Group LLC now owns 1,019,178 shares of the company’s stock worth $36,548,000 after purchasing an additional 43,541 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Pinterest by 243.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 69,446 shares of the company’s stock worth $2,490,000 after purchasing an additional 49,204 shares during the period. SG Americas Securities LLC boosted its position in Pinterest by 302.0% during the third quarter. SG Americas Securities LLC now owns 133,193 shares of the company’s stock worth $4,285,000 after purchasing an additional 100,063 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in Pinterest by 50,133.2% during the third quarter. Cullen Frost Bankers Inc. now owns 255,687 shares of the company’s stock valued at $8,225,000 after purchasing an additional 255,178 shares during the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Pinterest Price Performance

NYSE PINS opened at $20.77 on Wednesday. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 7.21, a P/E/G ratio of 1.01 and a beta of 0.92. The company’s fifty day moving average is $25.88 and its two-hundred day moving average is $30.94. Pinterest, Inc. has a 52-week low of $20.11 and a 52-week high of $40.90.

Pinterest (NYSE:PINS) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Pinterest had a net margin of 48.99% and a return on equity of 8.20%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the company posted $0.40 EPS. The firm’s quarterly revenue was up 16.8% on a year-over-year basis. As a group, sell-side analysts expect that Pinterest, Inc. will post 0.6 earnings per share for the current fiscal year.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: MarketBeat and other commentators flag PINS as oversold and a potential rebound candidate given a consensus price target well above current levels; that bullish framing supports the “value” narrative for contrarian investors. Read More.
• Positive Sentiment: Zacks Research modestly raised some near‑term/near‑term‑outlook estimates (Q4 2026, Q3 2027 and FY2026 were nudged higher in separate notes), which is a small constructive datapoint on forward profit expectations even as its rating remains “Hold”.
• Neutral Sentiment: Zacks’ overall revisions are mixed — several quarterly and FY2027 estimates were trimmed while a few quarters were raised; the firm maintains a “Hold” rating, tempering upside enthusiasm.
• Negative Sentiment: CEO Bill Ready publicly rebuked and fired employees who created an internal layoff‑tracking tool; coverage emphasizes governance and morale risk amid a announced ~15% workforce reduction. Read More.
• Negative Sentiment: Reports say two engineers were sacked over a related tool; this reinforces concerns about internal friction during the restructuring. Read More.
• Negative Sentiment: Pomerantz LLP announced an investor probe/alert into Pinterest, adding potential legal risk and a distraction for management. Read More.
• Negative Sentiment: Insider selling: Malik Ducard sold 2,293 shares at ~$22.06 (SEC filing disclosed), which can be read negatively by the market even though his remaining holding stays large. Read More.
• Negative Sentiment: Analyst reactions and market moves: PINS hit a new 52‑week low after downgrades/target cuts and traded down more steeply than the market in recent session notes. Read More. Read More.

Insiders Place Their Bets

In other news, insider Wanjiku Juanita Walcott sold 74,047 shares of Pinterest stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $26.89, for a total transaction of $1,991,123.83. Following the sale, the insider owned 301,214 shares of the company’s stock, valued at approximately $8,099,644.46. This trade represents a 19.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Donnelly Julia Brau sold 22,821 shares of the company’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $25.86, for a total value of $590,151.06. Following the completion of the transaction, the chief financial officer owned 540,358 shares of the company’s stock, valued at $13,973,657.88. The trade was a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 107,454 shares of company stock worth $2,847,049. 7.11% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on PINS shares. KeyCorp reduced their price objective on shares of Pinterest from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday. Roth Mkm dropped their target price on shares of Pinterest from $34.00 to $29.00 and set a “neutral” rating on the stock in a report on Friday. BMO Capital Markets cut their target price on shares of Pinterest from $41.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Monness Crespi & Hardt downgraded Pinterest from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 5th. Finally, Mizuho set a $35.00 price objective on Pinterest in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $37.13.

About Pinterest

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.