Pinterest, Inc. $PINS Shares Sold by Bronte Capital Management Pty Ltd.

Bronte Capital Management Pty Ltd. lessened its holdings in Pinterest, Inc. (NYSE:PINS) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 512,196 shares of the company’s stock after selling 137,086 shares during the quarter. Pinterest accounts for approximately 1.4% of Bronte Capital Management Pty Ltd.’s holdings, making the stock its 14th largest holding. Bronte Capital Management Pty Ltd.’s holdings in Pinterest were worth $13,261,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PINS. Revolve Wealth Partners LLC acquired a new stake in Pinterest in the fourth quarter worth about $252,000. Integrated Wealth Concepts LLC boosted its holdings in Pinterest by 5.9% in the first quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company’s stock worth $339,000 after acquiring an additional 607 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Pinterest by 45.6% during the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock worth $470,000 after purchasing an additional 4,748 shares during the period. Sivia Capital Partners LLC lifted its holdings 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 worth $335,000 after purchasing an additional 2,649 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Pinterest during the second quarter worth about $696,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 results beat top?and?bottom?line expectations: revenue $1.01B (+18% YoY), adjusted EPS $0.27 (beat), and MAUs rose to 631M; management gave Q2 revenue guidance above consensus — this is the primary catalyst for the rally. Business Wire: Q1 results
• Positive Sentiment: AI and ad-product momentum: management and coverage note that Pinterest’s AI-powered ad stack and Performance+ adoption are boosting ARPU and advertiser ROI — a structural improvement that supports sustained ad revenue growth. Investopedia: AI helped drive growth
• Positive Sentiment: Analyst upgrades and price?target increases: several firms (including Morgan Stanley, Oppenheimer, UBS, Mizuho and others) raised targets and ratings after the beat, adding credibility to the upside thesis and amplifying buying. 247WallStreet: Six firms hike price targets
• Positive Sentiment: Large share repurchases: Pinterest disclosed ~ $2B of repurchases at a sub?current price average (reducing shares outstanding), which mechanically supports EPS and signals management confidence. Business Wire: Share repurchases
• Positive Sentiment: Heavy bullish options flow: traders bought an unusually large number of call options intraday, indicating speculative positioning for further upside (short?term technical fuel).
• Neutral Sentiment: Elevated trading and volatility: volume is well above average as investors and traders reprice the stock around fresh guidance and analyst revisions — expect wider intraday swings.
• Negative Sentiment: Multiple securities?class action filings and plaintiff solicitations were announced alleging misstatements about advertising revenue/capabilities for the Feb 7, 2025–Feb 12, 2026 period; this creates legal overhang and potential future costs. GlobeNewswire: Pomerantz class action

Wall Street Analysts Forecast Growth

PINS has been the subject of a number of research reports. Evercore set a $27.00 target price on Pinterest in a report on Tuesday. Benchmark decreased their target price on Pinterest from $34.00 to $33.00 and set a “buy” rating for the company in a report on Thursday, April 30th. KeyCorp reduced their price target on Pinterest from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 3rd. Mizuho lifted their price target on Pinterest from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Roth Mkm reduced their price target on Pinterest from $34.00 to $29.00 and set a “neutral” rating for the company in a research report on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $27.31.

Pinterest Stock Performance

Shares of PINS opened at $22.29 on Wednesday. Pinterest, Inc. has a one year low of $13.84 and a one year high of $39.93. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 46.43, a PEG ratio of 1.40 and a beta of 0.93. The stock has a 50 day moving average price of $18.86 and a 200 day moving average price of $23.44.

Pinterest (NYSE:PINS) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 7.42% and a net margin of 7.64%.The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $965.84 million. During the same period in the previous year, the business earned $0.23 earnings per share. The firm’s revenue for the quarter was up 17.8% on a year-over-year basis. On average, analysts predict that Pinterest, Inc. will post 0.64 earnings per share for the current year.

Insider Activity at Pinterest

In related news, Director Gokul Rajaram sold 2,100 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares in the company, valued at approximately $549,000. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.09% of the company’s stock.

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.