Northwestern Mutual Investment Management Company LLC Takes Position in Pinterest, Inc. $PINS

Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Pinterest, Inc. (NYSE:PINS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 133,310 shares of the company’s stock, valued at approximately $3,451,000.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Pinterest by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 62,056,069 shares of the company’s stock valued at $1,606,632,000 after acquiring an additional 1,069,646 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Pinterest by 18.5% during the 3rd quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company’s stock valued at $685,899,000 after acquiring an additional 3,213,241 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Pinterest by 10.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 19,732,086 shares of the company’s stock valued at $634,767,000 after acquiring an additional 1,913,668 shares during the last quarter. State Street Corp increased its holdings in shares of Pinterest by 1.6% during the 3rd quarter. State Street Corp now owns 14,079,956 shares of the company’s stock valued at $452,952,000 after acquiring an additional 224,909 shares during the last quarter. Finally, Davis Selected Advisers increased its holdings in shares of Pinterest by 49.5% during the 4th quarter. Davis Selected Advisers now owns 11,801,983 shares of the company’s stock valued at $305,554,000 after acquiring an additional 3,909,926 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company’s stock.

Insider Activity at Pinterest

In other news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.09% of the company’s stock.

Pinterest Trading Up 2.5%

Pinterest stock opened at $19.50 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.23 and a current ratio of 4.23. The business’s 50-day simple moving average is $19.29 and its 200-day simple moving average is $22.79. The firm has a market capitalization of $10.92 billion, a PE ratio of 40.62, a PEG ratio of 1.05 and a beta of 0.93. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93.

Pinterest (NYSE:PINS) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The firm’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. Equities research analysts forecast that Pinterest, Inc. will post 0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. HSBC lowered Pinterest from a “buy” rating to a “hold” rating and set a $24.90 price objective on the stock. in a report on Friday, January 30th. Guggenheim increased their price objective on Pinterest from $21.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on Pinterest from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Weiss Ratings lowered Pinterest from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Finally, Robert W. Baird lifted their price objective on Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Sixteen 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $27.40.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Analyst-related news pointed to a higher price target for Pinterest, which can support sentiment by suggesting Wall Street sees more upside in the stock. Pinterest (PINS) price target increased by 16.41% to 27.25
• Neutral Sentiment: Several firms, including Faruqi & Faruqi, Rosen, Schall, The Gross Law Firm, Bernstein Liebhard, Pomerantz, DJS Law Group, and Glancy Prongay Wolke & Rotter, issued reminders about a May 29 lead-plaintiff deadline in an existing securities-fraud class action. The filings keep legal risk in focus but do not add new operational information. Deadline Alert: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Neutral Sentiment: Pinterest also appeared in “trending stock” coverage, which may reflect elevated investor attention but does not by itself change fundamentals. Pinterest, Inc. (PINS) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: The cluster of class-action notices highlights ongoing litigation risk tied to alleged securities-law violations during the Feb. 7, 2025 to Feb. 12, 2026 period, which can weigh on sentiment if investors worry about potential costs or reputational damage. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS

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.