Pinterest Target of Unusually High Options Trading (NYSE:PINS)

Pinterest, Inc. (NYSE:PINS) was the recipient of unusually large options trading activity on Tuesday. Investors purchased 60,715 call options on the company. This is an increase of 95% compared to the typical volume of 31,120 call options.

Insider Activity

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total value of $42,000.00. Following the completion of the transaction, 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 at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is currently owned by company insiders.

Institutional Trading of Pinterest

Institutional investors have recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in Pinterest in the 4th quarter valued at $26,000. N.E.W. Advisory Services LLC raised its holdings in Pinterest by 505.7% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock valued at $27,000 after acquiring an additional 713 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Pinterest by 3,839.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock valued at $29,000 after acquiring an additional 883 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after acquiring an additional 1,049 shares in the last quarter. Finally, Addison Advisors LLC raised its holdings in Pinterest by 727.3% in the 4th quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after acquiring an additional 1,200 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.

Pinterest Stock Up 9.7%

Shares of NYSE:PINS traded up $2.03 during mid-day trading on Tuesday, reaching $22.88. 30,986,830 shares of the stock were exchanged, compared to its average volume of 18,380,615. The stock’s 50 day simple moving average is $18.77 and its 200-day simple moving average is $23.51. Pinterest has a one year low of $13.84 and a one year high of $39.93. The company has a market cap of $15.22 billion, a P/E ratio of 37.86, a P/E/G ratio of 1.36 and a beta of 0.93.

Pinterest (NYSE:PINS) last announced its earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. During the same quarter last year, the firm earned $0.23 EPS. Pinterest’s revenue for the quarter was up 17.8% compared to the same quarter last year. Analysts anticipate that Pinterest will post 0.64 EPS for the current fiscal year.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Quarterly beat and upbeat guidance — Q1 revenue of ~$1.01B (+17.8% Y/Y) and adjusted EPS of $0.27 topped estimates; management guided Q2 revenue above consensus (midpoint ~ $1.14B). This combination is the main driver of the stock rally. Business Wire: Q1 Results
• Positive Sentiment: AI is being credited with ad revenue lift — CEO and company commentary point to improvements in AI-driven visual search and personalization as material contributors to stronger ad performance and advertiser demand. That narrative supports expectations for continued ad revenue momentum. Investopedia: AI helped drive growth
• Positive Sentiment: Capital return program — the company disclosed approximately $2 billion of share repurchases alongside results, supporting EPS and signaling confidence from management. Business Wire: Share repurchases
• Neutral Sentiment: Analyst revisions — several firms raised price targets (Mizuho to $30, Guggenheim to $24 and others to $24), with some changing to outperform/buy while others kept neutral ratings despite higher targets. Upgrades add support, but the mix of ratings means follow?through depends on sustained execution. Benzinga: Analyst moves
• Neutral Sentiment: Technical/volume context — shares are trading well above average volume and sit above the 50?day moving average but near the 200?day; that can amplify short?term moves in either direction as investors reprice based on the new guidance and analyst action.
• Negative Sentiment: Multiple securities?class?action notices — several law firms have filed or are soliciting lead plaintiffs alleging inadequate disclosures for an identified class period; potential litigation and associated costs create headline risk and could pressure sentiment. GlobeNewswire: Schall Law Firm notice PR Newswire: Faruqi & Faruqi notice
• Negative Sentiment: GAAP loss remains — while adjusted metrics and cash flow showed strength, GAAP net loss was reported for the quarter, which some investors may view as a reminder that profitability on a GAAP basis has not fully normalized. Business Wire: Financial details

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Rothschild & Co Redburn set a $23.00 price objective on shares of Pinterest and gave the stock a “neutral” rating in a research note on Monday, April 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $28.00 price objective on shares of Pinterest in a research note on Tuesday. HSBC lowered shares of Pinterest from a “buy” rating to a “hold” rating and set a $24.90 price objective for the company. in a research note on Friday, January 30th. Bank of America reissued a “neutral” rating and set a $19.00 target price (down from $39.00) on shares of Pinterest in a research report on Friday, February 13th. Finally, Benchmark dropped their target price on shares of Pinterest from $34.00 to $33.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $26.40.

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.