127,282 Shares in Pinterest, Inc. $PINS Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in Pinterest, Inc. (NYSE:PINS) during the 1st quarter, Holdings Channel reports. The fund acquired 127,282 shares of the company’s stock, valued at approximately $2,334,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Elevated Capital Advisors LLC bought a new position in Pinterest during the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Pinterest by 2,017.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after purchasing an additional 1,049 shares in the last quarter. Addison Advisors LLC boosted its position in shares of Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after buying an additional 1,200 shares during the period. Garner Asset Management Corp bought a new position in shares of Pinterest during the fourth quarter worth about $36,000. Finally, MidFirst Bank bought a new position in shares of Pinterest during the fourth quarter worth about $44,000. 88.81% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Wells Fargo raised its price target on Pinterest (PINS) to $30 and maintained an overweight rating, reinforcing a bullish outlook for the stock. Benzinga / The Fly report
• Positive Sentiment: Pinterest (PINS) is being highlighted as a trending stock across multiple market sites, which can attract short-term buying interest and boost sentiment. Zacks article
• Neutral Sentiment: Several research notes from Zacks Research trimmed Pinterest’s near- and long-term EPS estimates, including cuts to FY2026, FY2027, and FY2028 projections, signaling slightly more cautious earnings expectations. MarketBeat report
• Neutral Sentiment: Commentary on macroeconomic headwinds and a tougher ad-test backdrop suggests Pinterest still faces advertising-market pressure, which may limit upside if revenue growth slows. Insider Monkey report
• Negative Sentiment: Analysts have also noted that Pinterest’s rally could face a bigger ad-related test, underscoring risk around the company’s core advertising business. Kalkine Media article

Analyst Upgrades and Downgrades

Several research firms have commented on PINS. BMO Capital Markets restated an “outperform” rating and issued a $30.00 target price on shares of Pinterest in a research note on Tuesday, May 5th. Wall Street Zen cut shares of Pinterest from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Piper Sandler reiterated a “neutral” rating and issued a $26.00 price objective (up from $21.00) on shares of Pinterest in a report on Tuesday, May 5th. Morgan Stanley boosted their price objective on shares of Pinterest from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company increased their target price on shares of Pinterest from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday. Seventeen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Pinterest currently has a consensus rating of “Hold” and a consensus price target of $27.42.

Pinterest Stock Up 0.5%

NYSE:PINS opened at $22.54 on Thursday. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 46.96, a price-to-earnings-growth ratio of 1.26 and a beta of 0.89. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.93. The stock’s 50 day moving average price is $20.65 and its two-hundred day moving average price is $20.92. 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) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The business’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 EPS. Equities research analysts expect that Pinterest, Inc. will post 0.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Pinterest news, insider Wanjiku Juanita Walcott sold 14,208 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $19.65, for a total transaction of $279,187.20. Following the sale, the insider directly owned 691,840 shares of the company’s stock, valued at approximately $13,594,656. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through 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 stock in a transaction on 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 owned 27,450 shares of the company’s stock, valued at approximately $549,000. This represents 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. Over the last three months, insiders have sold 279,070 shares of company stock valued at $5,817,283. 8.09% of the stock is currently owned by corporate insiders.

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.