Strs Ohio Has $2.73 Million Stock Position in Pinterest, Inc. $PINS

Strs Ohio lowered its stake in shares of Pinterest, Inc. (NYSE:PINS) by 39.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 149,128 shares of the company’s stock after selling 96,921 shares during the quarter. Strs Ohio’s holdings in Pinterest were worth $2,735,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Elevated Capital Advisors LLC bought a new position in shares of Pinterest in the fourth quarter worth about $26,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Pinterest by 2,017.3% during 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 during the last quarter. Addison Advisors LLC grew its stake in shares of Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after purchasing an additional 1,200 shares during the last quarter. Garner Asset Management Corp acquired a new stake in shares of Pinterest in the fourth quarter valued at approximately $36,000. Finally, MidFirst Bank acquired a new stake in shares of Pinterest in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

Key Stories Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Wells Fargo boosted its price target on Pinterest to $30 from $28 and kept an overweight rating, signaling confidence in the company’s upside potential. Benzinga article
• Negative Sentiment: Zacks Research trimmed its earnings estimates across several periods, including FY2026, FY2027, FY2028, and multiple quarterly forecasts, which suggests slightly weaker profit expectations ahead. MarketBeat ticker page
• Neutral Sentiment: Recent articles highlighting Pinterest as a potential value idea and discussing reasons to like the stock may have helped reinforce longer-term investor interest, but they do not represent new fundamental developments. Yahoo Finance article

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PINS shares. Benchmark reduced their price objective on Pinterest from $34.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Citigroup lifted their target price on Pinterest from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Rothschild & Co Redburn set a $23.00 target price on Pinterest and gave the stock a “neutral” rating in a research report on Monday, April 27th. Oppenheimer upped their price target on Pinterest from $24.00 to $30.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $30.00 price target on shares of Pinterest in a report on Tuesday, May 5th. Sixteen research 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 currently has an average rating of “Hold” and a consensus target price of $27.47.

Pinterest Stock Up 0.4%

Shares of NYSE PINS traded up $0.09 during mid-day trading on Tuesday, reaching $22.34. 1,426,230 shares of the company’s stock were exchanged, compared to its average volume of 18,898,838. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.93. 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 firm has a market capitalization of $12.52 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 1.24 and a beta of 0.89. The business has a fifty day simple moving average of $20.55 and a 200 day simple moving average of $20.97.

Pinterest (NYSE:PINS) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The firm’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period last year, the business posted $0.23 earnings per share. As a group, equities analysts expect that Pinterest, Inc. will post 0.66 EPS for the current fiscal year.

Insider Activity at Pinterest

In other news, insider Wanjiku Juanita Walcott sold 14,208 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $19.65, for a total value of $279,187.20. Following the completion of the sale, the insider owned 691,840 shares of the company’s stock, valued at approximately $13,594,656. This represents a 2.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gokul Rajaram sold 2,100 shares of the firm’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 owned 27,450 shares of the company’s stock, valued at $549,000. This trade represents a 7.11% 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. Over the last quarter, insiders have sold 279,070 shares of company stock valued at $5,817,283. 8.09% of the stock is owned by insiders.

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.