Kepler Cheuvreux Suisse SA purchased a new stake in shares of Pinterest, Inc. (NYSE:PINS – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 221,256 shares of the company’s stock, valued at approximately $5,728,000.
Other hedge funds have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in Pinterest during the 4th quarter valued at about $26,000. N.E.W. Advisory Services LLC boosted its stake in Pinterest by 505.7% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock valued at $27,000 after purchasing an additional 713 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in Pinterest by 3,839.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 883 shares during the last quarter. Garner Asset Management Corp acquired a new position in Pinterest during the 4th quarter valued at about $36,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Pinterest by 46.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company’s stock worth $42,000 after buying an additional 419 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company’s stock.
Pinterest Trading Up 0.1%
NYSE:PINS opened at $21.30 on Monday. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $11.93 billion, a PE ratio of 44.38, a price-to-earnings-growth ratio of 1.23 and a beta of 0.93. The firm’s 50 day moving average is $19.05 and its 200 day moving average is $23.28. Pinterest, Inc. has a 12 month low of $13.84 and a 12 month high of $39.93.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on PINS. Benchmark cut their target price on Pinterest from $34.00 to $33.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on Pinterest from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. The Goldman Sachs Group restated a “buy” rating and issued a $28.00 target price on shares of Pinterest in a research note on Tuesday, May 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $20.00 target price on shares of Pinterest in a research note on Friday, February 13th. Finally, Rosenblatt Securities boosted their target price on Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.40.
View Our Latest Stock Analysis on PINS
Trending Headlines about Pinterest
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Pinterest’s latest quarterly results were strong, with revenue and earnings beating expectations, monthly active users rising, and management showing continued execution on growth and buybacks. Pinterest: Holy Speedy Buybacks Batman!
- Positive Sentiment: Several analysts turned more constructive on Pinterest after the earnings report, including price-target increases from firms such as Citigroup and Oppenheimer, which supports the stock’s recent upward momentum. Citigroup Boosts Pinterest (NYSE:PINS) Price Target to $25.00
- Positive Sentiment: Unusual options activity suggests traders are positioning for a near-term move in Pinterest shares, which can add to volatility and speculative interest. Unusual options activity in Pinterest stock caught my eye. How to trade it here.
- Neutral Sentiment: Multiple law firms are issuing reminders about a May 29 lead-plaintiff deadline in an existing securities class action against Pinterest, keeping legal overhang in focus but not adding new allegations. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
- Neutral Sentiment: Recent coverage also notes Pinterest’s earlier buyback activity and balance-sheet flexibility, which are supportive over the longer term but unlikely to be the main driver of today’s trading. Pinterest: Holy Speedy Buybacks Batman!
- Negative Sentiment: Today’s legal headlines may weigh on sentiment, as investors are repeatedly reminded of the class action alleging securities-fraud-related harm during the February 2025 to February 2026 period. Deadline Alert: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Insider Activity at Pinterest
In related news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total value of $42,000.00. Following the sale, the director owned 27,450 shares of the company’s stock, valued at approximately $549,000. The trade was a 7.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 8.09% of the company’s stock.
Pinterest Profile
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.
Further Reading
- Five stocks we like better than Pinterest
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
- 3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill
Want to see what other hedge funds are holding PINS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinterest, Inc. (NYSE:PINS – Free Report).
Receive News & Ratings for Pinterest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinterest and related companies with MarketBeat.com's FREE daily email newsletter.
