Freemont Management S.A. acquired a new stake in Pinterest, Inc. (NYSE:PINS – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 98,100 shares of the company’s stock, valued at approximately $2,540,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of PINS. Davis Selected Advisers bought a new stake in Pinterest in the third quarter valued at approximately $253,887,000. Man Group plc raised its stake in Pinterest by 185.7% in the third quarter. Man Group plc now owns 4,983,427 shares of the company’s stock valued at $160,317,000 after buying an additional 3,239,222 shares during the period. Victory Capital Management Inc. raised its stake in Pinterest by 18.5% in the third quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company’s stock valued at $685,899,000 after buying an additional 3,213,241 shares during the period. Vanguard Group Inc. raised its stake in Pinterest by 5.3% in the third quarter. Vanguard Group Inc. now owns 60,986,423 shares of the company’s stock valued at $1,961,933,000 after buying an additional 3,044,674 shares during the period. Finally, Erste Asset Management GmbH raised its stake in Pinterest by 33,818.9% in the third quarter. Erste Asset Management GmbH now owns 2,510,000 shares of the company’s stock valued at $83,633,000 after buying an additional 2,502,600 shares during the period. Institutional investors own 88.81% of the company’s stock.
Key Pinterest News
Here are the key news stories impacting Pinterest this week:
- Negative Sentiment: Multiple law firms announced or reiterated class action claims against Pinterest, saying investors who bought shares between February 7, 2025 and February 12, 2026 may have suffered losses and could seek to lead the case, with a key deadline set for May 29, 2026. Pomerantz class action filing
- Negative Sentiment: Additional firms, including Rosen, Faruqi & Faruqi, the Schall Law Firm, the Portnoy Law Firm, and others, issued similar notices urging affected Pinterest shareholders to contact counsel, reinforcing the legal uncertainty around the stock. Rosen deadline reminder
Insider Transactions at Pinterest
Pinterest Stock Performance
PINS opened at $19.36 on Thursday. The business has a fifty day simple moving average of $19.29 and a 200 day simple moving average of $22.92. The company has a market capitalization of $10.84 billion, a PE ratio of 40.33, a price-to-earnings-growth ratio of 1.11 and a beta of 0.93. Pinterest, Inc. has a 1 year low of $13.84 and a 1 year high of $39.93. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.23 and a quick ratio of 4.23.
Pinterest (NYSE:PINS – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The firm’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 EPS. Research analysts expect that Pinterest, Inc. will post 0.68 EPS for the current year.
Wall Street Analysts Forecast Growth
PINS has been the topic of several research analyst reports. Roth Mkm dropped their price objective on Pinterest from $34.00 to $29.00 and set a “neutral” rating on the stock in a research note on Friday, January 30th. Evercore set a $27.00 price objective on Pinterest in a research note on Tuesday, May 5th. Morgan Stanley upped their price objective on Pinterest from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Bank of America restated a “neutral” rating and issued a $19.00 price objective (down from $39.00) on shares of Pinterest in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded 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 assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Pinterest has a consensus rating of “Hold” and a consensus target price of $27.40.
Read Our Latest Stock Report on Pinterest
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.
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