Pinterest, Inc. $PINS Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its position in Pinterest, Inc. (NYSE:PINS) by 39.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,354 shares of the company’s stock after purchasing an additional 30,194 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Pinterest were worth $3,338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC raised its position in Pinterest by 15.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 835,179 shares of the company’s stock worth $26,600,000 after acquiring an additional 110,089 shares during the last quarter. Renaissance Group LLC raised its position in shares of Pinterest by 4.5% during the 2nd quarter. Renaissance Group LLC now owns 1,019,178 shares of the company’s stock worth $36,548,000 after purchasing an additional 43,541 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Pinterest by 243.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 69,446 shares of the company’s stock worth $2,490,000 after purchasing an additional 49,204 shares during the last quarter. SG Americas Securities LLC lifted its stake in Pinterest by 302.0% in the 3rd quarter. SG Americas Securities LLC now owns 133,193 shares of the company’s stock valued at $4,285,000 after buying an additional 100,063 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Pinterest by 101.4% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 206,903 shares of the company’s stock valued at $6,652,000 after buying an additional 104,192 shares during the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Benzinga notes Pinterest has surged into the top tier of growth stocks and highlights the company’s growth potential even as it restructures; the piece frames the AI pivot as a strategic move that could drive medium-term revenue/engagement gains. Pinterest Tops Growth Despite Announcing Restructuring And Job Cuts
• Positive Sentiment: Goldman Sachs (covered in InsiderMonkey) maintained a Buy on PINS, trimming the price target from $36 to $32 but leaving meaningful upside (~24%) — an analyst vote of confidence that can support the stock as restructuring costs are digested. Stability in Q4 Generates Positive Views on Pinterest (PINS)
• Neutral Sentiment: Pinned to a regulatory filing: the company is cutting under 15% of staff (about 700 roles reported by outlets) and will reduce office space, with the restructuring expected to complete by late September — the timeline moderates immediate fiscal impact but signals multi-quarter transition costs. Pinterest to Cut Roughly 15% of Staff in Shift to AI Focus
• Negative Sentiment: Major outlets (Reuters) and others reported the workforce reduction and resource reallocation to AI, which has rattled investors and increased short-term uncertainty about execution and near-term margins. Pinterest cuts nearly 15% jobs to redirect resources to AI
• Negative Sentiment: Market reaction included a sharp intraday sell-off in the prior session (Zacks noted a roughly 9.6% drop), reflecting investor concern over the restructuring, execution risks for the AI push, and possible near-term revenue/margin impact. Pinterest (PINS) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Coverage (CNBC/WSJ/TechCrunch) emphasized investor shock and short-term downside as the company cuts jobs and reallocates spending; headlines have pressured sentiment even as management positions the company for AI-driven growth. Pinterest laying off 15% of workforce in push toward AI roles and teams

Insider Activity at Pinterest

In other Pinterest news, insider Wanjiku Juanita Walcott sold 74,047 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $26.89, for a total transaction of $1,991,123.83. Following the completion of the sale, the insider owned 301,214 shares of the company’s stock, valued at approximately $8,099,644.46. The trade was a 19.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Donnelly Julia Brau sold 22,821 shares of the company’s stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total value of $590,151.06. Following the sale, the chief financial officer owned 540,358 shares of the company’s stock, valued at $13,973,657.88. This represents a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 105,161 shares of company stock worth $2,796,466. 7.11% of the stock is owned by insiders.

Pinterest Price Performance

NYSE PINS opened at $23.50 on Wednesday. The company has a market cap of $15.88 billion, a P/E ratio of 8.18, a P/E/G ratio of 1.23 and a beta of 0.91. Pinterest, Inc. has a 12 month low of $23.22 and a 12 month high of $40.90. The company has a 50-day moving average of $26.20 and a 200-day moving average of $31.45.

Pinterest (NYSE:PINS) last issued its quarterly 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 company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. Pinterest had a return on equity of 8.20% and a net margin of 48.99%.The business’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS. As a group, equities research analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Evercore ISI reissued an “outperform” rating on shares of Pinterest in a report on Tuesday. JPMorgan Chase & Co. dropped their price objective on Pinterest from $44.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Rosenblatt Securities restated a “neutral” rating and issued a $30.00 target price (down from $49.00) on shares of Pinterest in a report on Wednesday, November 5th. Citigroup reaffirmed a “buy” rating on shares of Pinterest in a research note on Wednesday, November 5th. Finally, Bank of America lowered their price target on shares of Pinterest from $44.00 to $39.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. One investment 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.64.

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.