Pinterest, Inc. $PINS Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board cut its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 18.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after selling 22,000 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Pinterest were worth $2,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Norges Bank acquired a new stake in shares of Pinterest in the fourth quarter worth $357,945,000. State Street Corp lifted its position in Pinterest by 52.6% during the fourth quarter. State Street Corp now owns 21,492,169 shares of the company’s stock valued at $556,432,000 after purchasing an additional 7,412,213 shares during the period. Victory Capital Management Inc. boosted its holdings in Pinterest by 30.5% in the fourth quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock valued at $694,082,000 after purchasing an additional 6,258,628 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Pinterest by 271.1% in the 1st quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock valued at $109,831,000 after buying an additional 4,375,000 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Pinterest by 15.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,809,693 shares of the company’s stock worth $719,994,000 after buying an additional 3,669,476 shares during the last quarter. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 46,875 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $21.15, for a total transaction of $991,406.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Donnelly Julia Brau sold 59,096 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $23.48, for a total value of $1,387,574.08. Following the completion of the transaction, the chief financial officer owned 817,409 shares in the company, valued at approximately $19,192,763.32. This trade represents a 6.74% decrease in their position. 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. Insiders sold a total of 555,344 shares of company stock worth $12,335,578 over the last ninety days. 8.09% of the stock is currently owned by corporate insiders.

Pinterest Price Performance

Shares of NYSE PINS opened at $23.20 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.81 and a current ratio of 3.81. The firm has a fifty day moving average of $22.80 and a 200 day moving average of $20.52. The firm has a market cap of $13.00 billion, a PE ratio of 68.24, a PEG ratio of 1.29 and a beta of 0.90. Pinterest, Inc. has a one year low of $13.84 and a one year high of $38.57.

Pinterest (NYSE:PINS) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. Pinterest had a net margin of 5.46% and a return on equity of 7.49%. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm posted $0.33 earnings per share. The company’s revenue was up 18.2% compared to the same quarter last year. As a group, research analysts predict that Pinterest, Inc. will post 0.59 EPS for the current fiscal year.

Key Stories Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Rising average revenue per user (ARPU), stronger advertising tools and AI-driven efficiencies are supporting Pinterest’s monetization strategy. An analyst view argues that the company’s resilient business model and potential for up to 15% revenue growth in the third quarter are not fully reflected in its valuation. Pinterest: Pricing In Disruption That Hasn’t Yet Happened
• Positive Sentiment: Pinterest’s latest quarterly results exceeded expectations, with adjusted earnings of $0.43 per share versus the $0.36 consensus and revenue of $1.18 billion versus $1.15 billion expected. The company’s net cash position and continued international monthly active-user growth provide additional financial support.
• Neutral Sentiment: Chief Financial Officer Julia Donnelly will leave Pinterest on October 30, and the company has begun an external search for her replacement. The transition introduces execution risk, although an orderly search could reduce disruption. Pinterest finance chief Julia Donnelly to step down in October
• Neutral Sentiment: Director Benjamin Silbermann sold $1.1 million of stock under a pre-arranged Rule 10b5-1 trading plan. The sale may attract attention, but the scheduled nature of the transaction makes it a weaker signal of management’s current outlook. Pinterest Director Sells $1,102,968.75 in Stock
• Negative Sentiment: Zacks Research significantly lowered EPS forecasts across multiple periods, including Q3 and Q4 2026, FY2026, FY2027 and FY2028. FY2026 estimates fell to $0.43 from $0.64, FY2027 to $0.37 from $0.81, and FY2028 to $1.05 from $1.34, signaling concern about profit growth despite continued revenue expansion.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Morgan Stanley upped their price objective on Pinterest from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Citigroup raised their price target on shares of Pinterest from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $24.00 price objective on shares of Pinterest in a report on Tuesday, May 5th. Robert W. Baird increased their target price on shares of Pinterest from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Stifel Nicolaus raised their target price on Pinterest from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Eighteen equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.90.

About Pinterest

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.