VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Pinterest, Inc. (NYSE:PINS – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 32,600 shares of the company’s stock, valued at approximately $844,000.
Other hedge funds also recently bought and sold shares of the company. Davis Selected Advisers bought a new position in Pinterest in the 3rd quarter worth approximately $253,887,000. Man Group plc lifted its holdings in shares of Pinterest by 185.7% in the 3rd quarter. Man Group plc now owns 4,983,427 shares of the company’s stock valued at $160,317,000 after acquiring an additional 3,239,222 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Pinterest by 18.5% in the 3rd quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company’s stock valued at $685,899,000 after acquiring an additional 3,213,241 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Pinterest by 5.3% in the 3rd quarter. Vanguard Group Inc. now owns 60,986,423 shares of the company’s stock valued at $1,961,933,000 after acquiring an additional 3,044,674 shares during the last quarter. Finally, Erste Asset Management GmbH lifted its holdings in shares of Pinterest by 33,818.9% in the 3rd quarter. Erste Asset Management GmbH now owns 2,510,000 shares of the company’s stock valued at $83,633,000 after acquiring an additional 2,502,600 shares during the last quarter. Institutional investors own 88.81% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Citigroup raised 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. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $24.00 price target on shares of Pinterest in a research report on Tuesday, May 5th. Piper Sandler reissued a “neutral” rating and issued a $26.00 price objective (up from $21.00) on shares of Pinterest in a research note on Tuesday, May 5th. Oppenheimer raised their price objective on shares of Pinterest from $24.00 to $30.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Wall Street Zen raised shares of Pinterest from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Sixteen investment 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $27.40.
Pinterest Stock Performance
Pinterest stock opened at $19.50 on Monday. The company has a 50 day moving average price of $19.29 and a 200-day moving average price of $22.70. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.23 and a current ratio of 4.23. Pinterest, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $39.93. The company has a market capitalization of $10.92 billion, a PE ratio of 40.62, a P/E/G ratio of 1.05 and a beta of 0.93.
Pinterest (NYSE:PINS – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The company’s revenue 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, equities analysts forecast that Pinterest, Inc. will post 0.68 earnings per share for the current year.
More Pinterest News
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Analyst-related news pointed to a higher price target for Pinterest, which can support sentiment by suggesting Wall Street sees more upside in the stock. Pinterest (PINS) price target increased by 16.41% to 27.25
- Neutral Sentiment: Several firms, including Faruqi & Faruqi, Rosen, Schall, The Gross Law Firm, Bernstein Liebhard, Pomerantz, DJS Law Group, and Glancy Prongay Wolke & Rotter, issued reminders about a May 29 lead-plaintiff deadline in an existing securities-fraud class action. The filings keep legal risk in focus but do not add new operational information. Deadline Alert: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
- Neutral Sentiment: Pinterest also appeared in “trending stock” coverage, which may reflect elevated investor attention but does not by itself change fundamentals. Pinterest, Inc. (PINS) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: The cluster of class-action notices highlights ongoing litigation risk tied to alleged securities-law violations during the Feb. 7, 2025 to Feb. 12, 2026 period, which can weigh on sentiment if investors worry about potential costs or reputational damage. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
Insider Buying and Selling at Pinterest
In related news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares in the company, valued at $549,000. The trade was a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is owned by 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.
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