Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Pinterest, Inc. (NYSE:PINS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 149,103 shares of the company’s stock, valued at approximately $3,860,000.
Other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Pinterest during the 4th quarter worth about $357,945,000. Davis Selected Advisers bought a new position in shares of Pinterest during the 3rd quarter worth about $253,887,000. Man Group plc increased its holdings in shares of Pinterest by 185.7% during the 3rd quarter. Man Group plc now owns 4,983,427 shares of the company’s stock worth $160,317,000 after purchasing an additional 3,239,222 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Pinterest by 18.5% during the 3rd quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company’s stock worth $685,899,000 after purchasing an additional 3,213,241 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Pinterest by 5.3% during the 3rd quarter. Vanguard Group Inc. now owns 60,986,423 shares of the company’s stock worth $1,961,933,000 after purchasing an additional 3,044,674 shares during the period. Institutional investors own 88.81% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Pinterest from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Wedbush dropped their price objective on shares of Pinterest from $30.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Argus downgraded shares of Pinterest from a “buy” rating to a “hold” rating in a report on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on shares of Pinterest from $17.00 to $23.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Finally, TD Cowen boosted their price objective on shares of Pinterest from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Pinterest presently has a consensus rating of “Hold” and an average target price of $27.40.
Insider Activity at Pinterest
In related news, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $20.50, for a total value of $960,937.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares in the company, valued at approximately $549,000. The trade was a 7.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 77,362 shares of company stock valued at $1,583,253 over the last quarter. 8.09% of the stock is owned by company insiders.
Pinterest Stock Performance
NYSE PINS opened at $21.57 on Friday. The stock has a market cap of $12.08 billion, a P/E ratio of 44.93, a PEG ratio of 1.12 and a beta of 0.92. The company’s 50-day simple moving average is $19.59 and its 200 day simple moving average is $21.77. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.93. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34.
Pinterest (NYSE:PINS – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The firm’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. As a group, research analysts forecast that Pinterest, Inc. will post 0.68 earnings per share for the current fiscal year.
Pinterest News Summary
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Pinterest announced a major expansion of its partnership with Amazon Web Services, including a planned $4 billion commitment through 2031, to power AI-driven visual search, recommendations, and personalized content. Investors appear to be treating the deal as a sign that Pinterest is investing aggressively in product improvement and long-term user engagement. Article Title
- Positive Sentiment: The AWS agreement is being described as Pinterest’s largest infrastructure commitment to date, which could strengthen the company’s AI roadmap and improve monetization over time if better search and discovery features boost user activity. Article Title
- Neutral Sentiment: Analysts and media are also revisiting Pinterest’s valuation after a mixed share performance, with investors weighing its recent operational progress against a still-depressed stock price and expectations for future AI-driven growth. Article Title
- Negative Sentiment: Director Benjamin Silbermann sold 46,875 shares in a pre-arranged Rule 10b5-1 plan. While the sale was routine, insider selling can still weigh on sentiment, especially when the stock is trying to rally. Article Title
- Negative Sentiment: Recent reports noted additional insider selling and highlighted concerns about slowing ad demand, weaker ad pricing, and competition, which may be limiting enthusiasm despite the AWS news. Article Title
Pinterest Company 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.
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