32,600 Shares in Pinterest, Inc. $PINS Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Pinterest, Inc. (NYSE:PINS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 32,600 shares of the company’s stock, valued at approximately $844,000.

Several other hedge funds have also added to or reduced their stakes in the business. Revolve Wealth Partners LLC bought a new stake in Pinterest in the fourth quarter valued at approximately $252,000. Integrated Wealth Concepts LLC lifted its position in Pinterest by 5.9% in the first quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company’s stock valued at $339,000 after purchasing an additional 607 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Pinterest by 45.6% during the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock valued at $470,000 after acquiring an additional 4,748 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Pinterest by 39.5% during the second quarter. Sivia Capital Partners LLC now owns 9,347 shares of the company’s stock valued at $335,000 after acquiring an additional 2,649 shares during the last quarter. Finally, Jump Financial LLC bought a new position in shares of Pinterest during the second quarter valued at about $696,000. 88.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on PINS shares. Wells Fargo & Company upped their price objective on shares of Pinterest from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating and set a $28.00 target price on shares of Pinterest in a report on Tuesday, May 5th. Mizuho upped their target price on Pinterest from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Roth Mkm decreased their target price on Pinterest from $34.00 to $29.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Finally, Citigroup upped their target price on Pinterest from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.40.

Pinterest Price Performance

PINS opened at $19.50 on Monday. The stock has a fifty day simple moving average of $19.29 and a two-hundred day simple moving average of $22.70. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The company has a market cap of $10.92 billion, a price-to-earnings ratio of 40.62, a price-to-earnings-growth ratio of 1.05 and a beta of 0.93. Pinterest, Inc. has a 12-month low of $13.84 and a 12-month high of $39.93.

Pinterest (NYSE:PINS) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 earnings per share. Research analysts predict that Pinterest, Inc. will post 0.68 earnings per share for the current fiscal year.

Pinterest News Summary

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 other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the firm’s 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 transaction, the director owned 27,450 shares of the company’s stock, valued at approximately $549,000. This trade represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.09% of the company’s stock.

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.