Pacer Advisors Inc. Sells 2,379,424 Shares of Pinterest, Inc. $PINS

Pacer Advisors Inc. decreased its stake in Pinterest, Inc. (NYSE:PINS) by 80.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 571,997 shares of the company’s stock after selling 2,379,424 shares during the quarter. Pacer Advisors Inc.’s holdings in Pinterest were worth $10,490,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new position in Pinterest during the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Pinterest by 2,017.3% in the 4th 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 grew its holdings in shares of Pinterest by 727.3% in the 4th quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after purchasing an additional 1,200 shares during the last quarter. Garner Asset Management Corp bought a new stake in shares of Pinterest in the 4th quarter worth about $36,000. Finally, MidFirst Bank acquired a new stake in shares of Pinterest during the 4th quarter worth about $44,000. 88.81% of the stock is currently owned by institutional investors.

Pinterest Stock Up 5.9%

Shares of NYSE:PINS opened at $25.59 on Wednesday. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. The firm has a market cap of $14.33 billion, a P/E ratio of 53.31, a P/E/G ratio of 1.43 and a beta of 0.90. Pinterest, Inc. has a 12 month low of $13.84 and a 12 month high of $39.83. The company’s 50-day moving average price is $21.93 and its two-hundred day moving average price is $20.50.

Pinterest (NYSE:PINS) last announced its earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The company’s revenue was up 18.2% on a year-over-year basis. As a group, research analysts forecast that Pinterest, Inc. will post 0.63 EPS for the current fiscal year.

Insider Buying and Selling

In other Pinterest news, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $22.54, for a total transaction of $1,056,562.50. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 14,208 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $19.65, for a total value of $279,187.20. Following the completion of the transaction, the insider owned 691,840 shares in the company, valued at $13,594,656. The trade was a 2.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 370,720 shares of company stock valued at $7,892,627. 8.09% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on PINS shares. Piper Sandler reissued a “neutral” rating and set a $26.00 price target (up from $21.00) on shares of Pinterest in a report on Tuesday, May 5th. Evercore set a $27.00 price objective on shares of Pinterest in a report on Tuesday, May 5th. Robert W. Baird boosted their target price on Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Wells Fargo & Company boosted their target price on Pinterest from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Finally, Citigroup increased their price target on Pinterest from $19.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Pinterest currently has an average rating of “Hold” and a consensus target price of $27.69.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Second-quarter adjusted earnings were $0.43 per share, above the $0.36 analyst consensus and up from $0.33 a year earlier. Revenue of $1.18 billion also exceeded the $1.15 billion estimate. Pinterest Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Revenue increased 18% year over year to $1.18 billion, while global monthly active users rose 11% to a record 640 million, highlighting continued traction with Gen Z and user engagement. Adjusted EBITDA was $311 million and free cash flow reached $270 million. Pinterest Announces Second Quarter 2026 Results
• Neutral Sentiment: Pinterest forecast third-quarter revenue of approximately $1.2 billion, broadly in line with analyst expectations. The company’s EPS outlook was not provided in the available guidance details.
• Negative Sentiment: The in-line revenue forecast implies slower growth, raising concerns that Pinterest may be losing momentum as Meta’s Instagram and other platforms compete more aggressively for digital-advertising budgets. Pinterest Expects Slower Quarterly Revenue Growth
• Negative Sentiment: Despite the adjusted earnings beat, Pinterest posted a $46.7 million GAAP net loss, with higher costs weighing on profitability. That pressure, combined with the softer outlook, overshadowed the quarter’s strong user and revenue growth. Pinterest Sales Climb on Traction With Gen Z

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.