The Manufacturers Life Insurance Company Acquires 66,964 Shares of Pinterest, Inc. $PINS

The Manufacturers Life Insurance Company boosted its stake in Pinterest, Inc. (NYSE:PINS) by 18.8% in the first quarter, HoldingsChannel.com reports. The firm owned 423,158 shares of the company’s stock after buying an additional 66,964 shares during the period. The Manufacturers Life Insurance Company’s holdings in Pinterest were worth $7,761,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Elevated Capital Advisors LLC acquired a new position in Pinterest during the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Pinterest by 2,017.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after buying an additional 1,049 shares during the period. Addison Advisors LLC raised its position in shares of Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after acquiring an additional 1,200 shares during the last quarter. Garner Asset Management Corp bought a new position in shares of Pinterest during the fourth quarter worth about $36,000. Finally, Summit Securities Group LLC acquired a new position in shares of Pinterest in the first quarter worth approximately $43,000. 88.81% of the stock is owned by institutional investors.

Pinterest Price Performance

Shares of NYSE:PINS opened at $25.59 on Wednesday. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.83. The stock’s 50 day moving average is $21.93 and its 200-day moving average is $20.50. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $14.33 billion, a price-to-earnings ratio of 53.31, a PEG ratio of 1.43 and a beta of 0.90.

Pinterest (NYSE:PINS) last posted its quarterly earnings results 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. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. Pinterest’s revenue was up 18.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 EPS. Sell-side analysts forecast that Pinterest, Inc. will post 0.63 EPS for the current fiscal year.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Second-quarter adjusted earnings were $0.43 per share, above the $0.36 analyst consensus and up from $0.33 a year earlier. Revenue of $1.18 billion also exceeded the $1.15 billion estimate. Pinterest Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Revenue increased 18% year over year to $1.18 billion, while global monthly active users rose 11% to a record 640 million, highlighting continued traction with Gen Z and user engagement. Adjusted EBITDA was $311 million and free cash flow reached $270 million. Pinterest Announces Second Quarter 2026 Results
• Neutral Sentiment: Pinterest forecast third-quarter revenue of approximately $1.2 billion, broadly in line with analyst expectations. The company’s EPS outlook was not provided in the available guidance details.
• Negative Sentiment: The in-line revenue forecast implies slower growth, raising concerns that Pinterest may be losing momentum as Meta’s Instagram and other platforms compete more aggressively for digital-advertising budgets. Pinterest Expects Slower Quarterly Revenue Growth
• Negative Sentiment: Despite the adjusted earnings beat, Pinterest posted a $46.7 million GAAP net loss, with higher costs weighing on profitability. That pressure, combined with the softer outlook, overshadowed the quarter’s strong user and revenue growth. Pinterest Sales Climb on Traction With Gen Z

Insiders Place Their Bets

In other news, Director Benjamin Silbermann sold 46,875 shares of Pinterest stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $22.54, for a total transaction of $1,056,562.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 27,337 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $20.46, for a total transaction of $559,315.02. Following the sale, the insider directly owned 724,673 shares of the company’s stock, valued at approximately $14,826,809.58. The trade was a 3.64% 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. Insiders sold 370,720 shares of company stock worth $7,892,627 over the last ninety days. Insiders own 8.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on PINS. Evercore set a $27.00 target price on Pinterest in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Pinterest from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Wells Fargo & Company boosted their price target on shares of Pinterest from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Wedbush initiated coverage on shares of Pinterest in a research report on Thursday, July 16th. They set a “neutral” rating and a $24.00 price objective for the company. Finally, Rosenblatt Securities increased their price objective on shares of Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $27.69.

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.