Hussman Strategic Advisors Inc. Acquires Shares of 31,500 Pinterest, Inc. $PINS

Hussman Strategic Advisors Inc. acquired a new stake in Pinterest, Inc. (NYSE:PINS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,500 shares of the company’s stock, valued at approximately $1,013,000.

Several other hedge funds and other institutional investors have also modified their holdings of PINS. Truist Financial Corp raised its holdings in Pinterest by 4.9% in the 3rd quarter. Truist Financial Corp now owns 103,216 shares of the company’s stock valued at $3,320,000 after acquiring an additional 4,853 shares during the period. Kornitzer Capital Management Inc. KS boosted its holdings in shares of Pinterest by 4.5% during the third quarter. Kornitzer Capital Management Inc. KS now owns 276,096 shares of the company’s stock worth $8,882,000 after acquiring an additional 11,800 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Pinterest by 0.5% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 88,297 shares of the company’s stock worth $2,841,000 after acquiring an additional 448 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of Pinterest by 50,133.2% in the third quarter. Cullen Frost Bankers Inc. now owns 255,687 shares of the company’s stock valued at $8,225,000 after purchasing an additional 255,178 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of Pinterest by 46.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company’s stock worth $42,000 after purchasing an additional 419 shares during the period. Institutional investors own 88.81% of the company’s stock.

Pinterest Stock Down 3.7%

PINS opened at $22.55 on Thursday. The stock has a market capitalization of $15.23 billion, a price-to-earnings ratio of 7.83, a P/E/G ratio of 1.11 and a beta of 0.91. Pinterest, Inc. has a twelve month low of $22.50 and a twelve month high of $40.90. The company has a 50-day simple moving average of $26.14 and a 200 day simple moving average of $31.38.

Pinterest (NYSE:PINS) last issued its earnings results on Tuesday, November 4th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. Pinterest had a net margin of 48.99% and a return on equity of 8.20%. Pinterest’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Sell-side analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PINS. JPMorgan Chase & Co. reduced their price target on Pinterest from $44.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Citigroup reissued a “buy” rating on shares of Pinterest in a research report on Wednesday, November 5th. Piper Sandler reaffirmed a “neutral” rating and set a $33.00 price target (down from $35.00) on shares of Pinterest in a research report on Wednesday, November 5th. Bank of America dropped their price objective on shares of Pinterest from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada decreased their target price on shares of Pinterest from $45.00 to $38.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.64.

Insider Buying and Selling at Pinterest

In other news, CFO Donnelly Julia Brau sold 22,821 shares of Pinterest stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total value of $590,151.06. Following the transaction, the chief financial officer owned 540,358 shares in the company, valued at approximately $13,973,657.88. This trade represents a 4.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Wanjiku Juanita Walcott sold 74,047 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $26.89, for a total value of $1,991,123.83. Following the sale, the insider owned 301,214 shares of the company’s stock, valued at approximately $8,099,644.46. This represents a 19.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 105,161 shares of company stock worth $2,796,466 over the last three months. Corporate insiders own 7.11% of the company’s stock.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Goldman Sachs maintained a Buy on Pinterest and sees upside despite lowering its target, signaling institutional confidence that the company can return to growth. Stability in Q4 Generates Positive Views on Pinterest (PINS)
• Positive Sentiment: Benzinga notes Pinterest remains in the upper tier of growth stocks per its data, and the AI pivot could reaccelerate long-term growth and product differentiation if execution succeeds. Pinterest Tops Growth Despite Announcing Restructuring And Job Cuts
• Neutral Sentiment: The company framed the cuts as a reallocation toward higher-growth AI initiatives and said changes will be finished by late September; this reduces costs but raises execution risk and one-time charges. Pinterest to lay off 15% of staff to redirect resources to AI
• Negative Sentiment: The workforce-reduction announcement ( ~15%, ~700 jobs) and SEC-filed restructuring details triggered a sharp sell-off and heightened investor concern about near-term disruption to product and ad revenue. Pinterest cuts nearly 15% jobs to redirect resources to AI
• Negative Sentiment: Shares plunged intraday after multiple outlets reported the layoffs and office-space reductions, with investors selling into the headline risk despite the company’s cost-saving rationale. Why Pinterest (PINS) Dipped More Than Broader Market Today
• Negative Sentiment: Coverage highlighted the shock to investors and the stock’s volatility following the move; near-term headline and execution risk make the stock sensitive to further updates on layoffs, costs, and AI progress. Pinterest (PINS) Sheds 9.6% on Workforce Layoff

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.