Rep. Julia Letlow Sells Pinterest, Inc. (NYSE:PINS) Shares

Representative Julia Letlow (R-Louisiana) recently sold shares of Pinterest, Inc. (NYSE:PINS). In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Pinterest stock on December 16th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 12/16/2025.
• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Warner Bros. Discovery (NASDAQ:WBD) on 12/8/2025.

Pinterest Trading Down 1.0%

NYSE:PINS traded down $0.26 on Thursday, reaching $26.81. 8,821,445 shares of the stock traded hands, compared to its average volume of 13,385,243. The company has a market capitalization of $18.11 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 1.23 and a beta of 0.91. Pinterest, Inc. has a 12 month low of $23.68 and a 12 month high of $40.90. The company’s fifty day simple moving average is $26.40 and its 200 day simple moving average is $32.08.

Pinterest (NYSE:PINS) last issued its earnings results on Tuesday, November 4th. The company reported $0.38 earnings per share (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 the consensus estimate of $1.05 billion. Pinterest had a return on equity of 8.20% and a net margin of 48.99%.The company’s quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 EPS. Equities analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Evercore ISI cut their target price on Pinterest from $50.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Benchmark lowered their price target on Pinterest from $48.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Zacks Research downgraded Pinterest from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Mizuho began coverage on Pinterest in a research report on Monday, September 29th. They issued an “outperform” rating and a $50.00 target price for the company. Finally, Wedbush downgraded shares of Pinterest from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $34.00 to $30.00 in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Pinterest currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.93.

Institutional Investors Weigh In On Pinterest

A number of large investors have recently made changes to their positions in PINS. Frank Rimerman Advisors LLC bought a new position in shares of Pinterest in the fourth quarter worth approximately $331,000. Fulcrum Capital LLC purchased a new position in shares of Pinterest during the 4th quarter valued at $3,524,000. Fifth Third Wealth Advisors LLC bought a new position in Pinterest in the 4th quarter worth $450,000. Retirement Systems of Alabama purchased a new stake in Pinterest in the 4th quarter worth $27,556,000. Finally, Mn Services Vermogensbeheer B.V. raised its holdings in Pinterest by 1.4% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 224,909 shares of the company’s stock valued at $5,823,000 after acquiring an additional 3,009 shares during the period. 88.81% of the stock is currently owned by institutional investors.

Insider Transactions at Pinterest

In other Pinterest news, insider Malik Ducard sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total value of $155,160.00. Following the completion of the transaction, the insider directly owned 699,773 shares in the company, valued at $18,096,129.78. This represents a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Donnelly Julia Brau sold 22,821 shares of the stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $25.86, for a total transaction of $590,151.06. Following the sale, the chief financial officer directly owned 540,358 shares of the company’s stock, valued at approximately $13,973,657.88. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 105,161 shares of company stock valued at $2,796,466 over the last 90 days. Company insiders own 7.06% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.