New Mexico Educational Retirement Board Reduces Position in Pinterest, Inc. $PINS

New Mexico Educational Retirement Board decreased its holdings in Pinterest, Inc. (NYSE:PINS) by 18.0% in the second quarter, Holdings Channel reports. The fund owned 100,000 shares of the company’s stock after selling 22,000 shares during the period. New Mexico Educational Retirement Board’s holdings in Pinterest were worth $2,103,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Pinterest by 2,017.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after purchasing an additional 1,049 shares during the last quarter. Addison Advisors LLC lifted its position in Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after buying an additional 1,200 shares in the last quarter. Garner Asset Management Corp purchased a new position in Pinterest during the fourth quarter worth approximately $36,000. Summit Securities Group LLC acquired a new position in Pinterest during the first quarter worth $43,000. Finally, MidFirst Bank acquired a new position in Pinterest during the fourth quarter worth $44,000. 88.81% of the stock is owned by hedge funds and other institutional investors.

Pinterest Trading Up 0.0%

Shares of PINS stock opened at $23.20 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.81 and a quick ratio of 3.81. The firm has a market cap of $13.00 billion, a PE ratio of 68.24, a price-to-earnings-growth ratio of 1.29 and a beta of 0.90. The company has a 50-day moving average of $22.80 and a two-hundred day moving average of $20.52. Pinterest, Inc. has a 1-year low of $13.84 and a 1-year high of $38.57.

Pinterest (NYSE:PINS) last announced its earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07. Pinterest had a return on equity of 7.49% and a net margin of 5.46%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company earned $0.33 earnings per share. The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. On average, analysts predict that Pinterest, Inc. will post 0.59 EPS for the current year.

Insider Transactions at Pinterest

In other Pinterest news, CFO Donnelly Julia Brau sold 59,096 shares of Pinterest stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $23.48, for a total value of $1,387,574.08. Following the completion of the transaction, the chief financial officer directly owned 817,409 shares of the company’s stock, valued at $19,192,763.32. The trade was a 6.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $21.15, for a total transaction of $991,406.25. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 555,344 shares of company stock valued at $12,335,578 over the last 90 days. 8.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

PINS has been the subject of a number of recent research reports. Wedbush reaffirmed a “neutral” rating and issued a $24.00 target price on shares of Pinterest in a research note on Wednesday, August 5th. BMO Capital Markets upped their price objective on shares of Pinterest from $30.00 to $34.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Pinterest from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $28.00 target price on shares of Pinterest in a research note on Tuesday, May 5th. Finally, Wells Fargo & Company boosted their target price on shares of Pinterest from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Eighteen research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, Pinterest has an average rating of “Hold” and a consensus price target of $27.90.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Rising average revenue per user (ARPU), stronger advertising tools and AI-driven efficiencies are supporting Pinterest’s monetization strategy. An analyst view argues that the company’s resilient business model and potential for up to 15% revenue growth in the third quarter are not fully reflected in its valuation. Pinterest: Pricing In Disruption That Hasn’t Yet Happened
• Positive Sentiment: Pinterest’s latest quarterly results exceeded expectations, with adjusted earnings of $0.43 per share versus the $0.36 consensus and revenue of $1.18 billion versus $1.15 billion expected. The company’s net cash position and continued international monthly active-user growth provide additional financial support.
• Neutral Sentiment: Chief Financial Officer Julia Donnelly will leave Pinterest on October 30, and the company has begun an external search for her replacement. The transition introduces execution risk, although an orderly search could reduce disruption. Pinterest finance chief Julia Donnelly to step down in October
• Neutral Sentiment: Director Benjamin Silbermann sold $1.1 million of stock under a pre-arranged Rule 10b5-1 trading plan. The sale may attract attention, but the scheduled nature of the transaction makes it a weaker signal of management’s current outlook. Pinterest Director Sells $1,102,968.75 in Stock
• Negative Sentiment: Zacks Research significantly lowered EPS forecasts across multiple periods, including Q3 and Q4 2026, FY2026, FY2027 and FY2028. FY2026 estimates fell to $0.43 from $0.64, FY2027 to $0.37 from $0.81, and FY2028 to $1.05 from $1.34, signaling concern about profit growth despite continued revenue expansion.

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.