Oregon Public Employees Retirement Fund purchased a new stake in shares of Pinterest, Inc. (NYSE:PINS – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 118,400 shares of the company’s stock, valued at approximately $3,065,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Pinterest by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 62,056,069 shares of the company’s stock valued at $1,606,632,000 after purchasing an additional 1,069,646 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Pinterest by 18.5% during the 3rd quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company’s stock valued at $685,899,000 after purchasing an additional 3,213,241 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Pinterest by 10.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 19,732,086 shares of the company’s stock worth $634,767,000 after acquiring an additional 1,913,668 shares in the last quarter. State Street Corp increased its holdings in Pinterest by 1.6% in the 3rd quarter. State Street Corp now owns 14,079,956 shares of the company’s stock worth $452,952,000 after acquiring an additional 224,909 shares in the last quarter. Finally, Davis Selected Advisers increased its holdings in Pinterest by 49.5% in the 4th quarter. Davis Selected Advisers now owns 11,801,983 shares of the company’s stock worth $305,554,000 after acquiring an additional 3,909,926 shares in the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.
Pinterest Trading Down 1.5%
Shares of PINS opened at $19.07 on Friday. 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, Inc. has a 1 year low of $13.84 and a 1 year high of $39.93. The company has a 50 day simple moving average of $19.29 and a two-hundred day simple moving average of $22.82. The firm has a market cap of $10.68 billion, a P/E ratio of 39.73, a price-to-earnings-growth ratio of 1.05 and a beta of 0.93.
Insider Transactions at Pinterest
In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the stock in a transaction that occurred on 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 directly owned 27,450 shares of the company’s stock, valued at $549,000. This trade represents a 7.11% decrease in their position. The sale was disclosed in a 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 currently owned by company insiders.
Key Stories Impacting Pinterest
Here are the key news stories impacting Pinterest this week:
- Negative Sentiment: Multiple law firms, including Pomerantz, Bernstein Liebhard, Faruqi & Faruqi, Rosen, the Schall Law Firm, DJS Law Group, and Glancy Prongay Wolke & Rotter, announced or promoted class-action claims against Pinterest over alleged securities-law violations, keeping legal risk in focus for investors. Article: Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
- Negative Sentiment: The repeated reminders that the May 29, 2026 lead-plaintiff deadline is approaching may add to uncertainty and headline pressure on PINS, even though these notices are largely procedural. Article: ROSEN, HIGHLY REGARDED INVESTOR RIGHTS COUNSEL, Encourages Pinterest, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PINS
- Neutral Sentiment: Zacks noted that Pinterest has been drawing elevated attention from investors, which can increase trading volume but does not by itself provide a clear fundamental catalyst. Article: Pinterest, Inc. (PINS) Is a Trending Stock: Facts to Know Before Betting on It
Analysts Set New Price Targets
PINS has been the subject of several analyst reports. Bank of America reissued a “neutral” rating and issued a $19.00 target price (down from $39.00) on shares of Pinterest in a report on Friday, February 13th. Cantor Fitzgerald set a $18.00 target price on shares of Pinterest in a report on Friday, February 13th. Piper Sandler reissued a “neutral” rating and issued a $26.00 target price (up from $21.00) on shares of Pinterest in a report on Tuesday, May 5th. Argus lowered shares of Pinterest from a “buy” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Guggenheim increased their target price on shares of Pinterest from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pinterest presently has a consensus rating of “Hold” and an average price target of $27.40.
View Our Latest Stock Report on Pinterest
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.
Featured Stories
- Five stocks we like better than Pinterest
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding PINS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinterest, Inc. (NYSE:PINS – Free Report).
Receive News & Ratings for Pinterest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinterest and related companies with MarketBeat.com's FREE daily email newsletter.
