Investors Purchase Large Volume of Pinterest Put Options (NYSE:PINS)

Pinterest, Inc. (NYSE:PINS) was the target of unusually large options trading on Friday. Traders purchased 17,657 put options on the company. This is an increase of approximately 23% compared to the typical daily volume of 14,328 put options.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported third-quarter revenue of $1.17 billion, up 11.9% year over year, while global monthly active users rose 10% to a record 661 million. The company also generated $339 million in adjusted EBITDA and $300 million in free cash flow. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: KeyBanc maintained its Buy rating, while Wells Fargo and Cantor Fitzgerald retained Overweight ratings. Their revised targets of $23 imply potential upside from current trading levels, suggesting some analysts still view the selloff as excessive. KeyBanc Remains a Buy on Pinterest
• Neutral Sentiment: Unusually heavy put-option activity was reported, with traders buying approximately 17,657 puts—about 23% above typical daily volume. This indicates elevated hedging or bearish speculation but does not confirm the direction of future trading.
• Negative Sentiment: Pinterest missed third-quarter expectations: adjusted EPS was $0.46 versus a $0.49 consensus, and revenue of $1.17 billion fell short of estimates near $1.21 billion. Analysts attributed the miss to pressure on advertising growth. Pinterest Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.45 billion was about 4.7% below Wall Street expectations, fueling concerns that Pinterest’s revenue growth is decelerating during the holiday period. Pinterest Sets Q4 Outlook Below Street View
• Negative Sentiment: Several firms cut their price targets: Wells Fargo lowered its target from $31 to $23, Barclays from $31 to $24, and Wedbush from $24 to $20; Wedbush also shifted to Neutral. The reductions reinforce concerns about weaker near-term growth and advertising momentum. Wells Fargo Lowers Pinterest Price Target

Wall Street Analysts Forecast Growth

A number of research analysts have commented on PINS shares. Cantor Fitzgerald cut their target price on shares of Pinterest from $30.00 to $23.00 and set an “overweight” rating on the stock in a research report on Friday. Phillip Securities raised shares of Pinterest to a “strong-buy” rating in a research report on Monday, October 19th. Zacks Research downgraded shares of Pinterest from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 13th. Robert W. Baird lifted their price objective on shares of Pinterest from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, KeyCorp reduced their price objective on shares of Pinterest from $30.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pinterest has an average rating of “Moderate Buy” and a consensus price target of $26.50.

Insiders Place Their Bets

In related news, CFO Julia Donnelly 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 sale, the chief financial officer directly owned 817,409 shares in the company, valued at $19,192,763.32. The trade was a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 93,750 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $21.43, for a total transaction of $2,009,062.50. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 692,877 shares of company stock worth $14,733,501 in the last three months. Corporate insiders own 8.09% of the company’s stock.

Hedge Funds Weigh In On Pinterest

Hedge funds have recently modified their holdings of the stock. Resona Asset Management Co. Ltd. grew its holdings in Pinterest by 0.5% in the first quarter. Resona Asset Management Co. Ltd. now owns 173,648 shares of the company’s stock valued at $3,176,000 after purchasing an additional 785 shares during the period. D.A. Davidson & CO. raised its stake in shares of Pinterest by 3.2% during the 3rd quarter. D.A. Davidson & CO. now owns 39,472 shares of the company’s stock worth $746,000 after buying an additional 1,218 shares during the period. GAMMA Investing LLC lifted its position in shares of Pinterest by 13.6% during the 2nd quarter. GAMMA Investing LLC now owns 10,929 shares of the company’s stock valued at $230,000 after buying an additional 1,308 shares in the last quarter. Allworth Financial LP lifted its position in shares of Pinterest by 8.7% during the 2nd quarter. Allworth Financial LP now owns 16,941 shares of the company’s stock valued at $356,000 after buying an additional 1,360 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in Pinterest by 31.7% in the 1st quarter. Parallel Advisors LLC now owns 5,780 shares of the company’s stock valued at $106,000 after acquiring an additional 1,390 shares during the period. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest Stock Down 2.8%

NYSE:PINS traded down $0.55 during midday trading on Friday, reaching $19.37. 34,923,202 shares of the stock traded hands, compared to its average volume of 16,586,785. The stock has a market capitalization of $10.85 billion, a PE ratio of 56.96, a price-to-earnings-growth ratio of 1.49 and a beta of 0.90. Pinterest has a 12-month low of $13.84 and a 12-month high of $34.12. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.81 and a current ratio of 3.81. The business has a 50-day moving average of $20.64 and a two-hundred day moving average of $20.79.

Pinterest (NYSE:PINS) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). Pinterest had a return on equity of 7.49% and a net margin of 5.46%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the firm posted $0.38 earnings per share. Pinterest’s revenue for the quarter was up 11.9% compared to the same quarter last year. On average, equities analysts forecast that Pinterest will post 0.53 earnings per share for the current fiscal year.

Pinterest Company Profile

Pinterest, Inc (NYSE: PINS) operates a visual discovery platform that helps people find ideas and inspiration for activities such as home improvement, cooking, fashion, travel and event planning. Users can discover, save and organize images and videos—known as Pins—on personalized boards and explore recommendations based on their interests.

The company also provides tools for businesses and creators to showcase products and content on the platform. Its advertising business includes promoted Pins and other advertising formats designed to help marketers reach users while they are discovering ideas, researching products and planning purchases.