Short Interest in Pinterest, Inc. (NYSE:PINS) Declines By 20.4%

Pinterest, Inc. (NYSE:PINS) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 70,785,235 shares, a drop of 20.4% from the March 31st total of 88,971,072 shares. Approximately 11.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,583,694 shares, the short-interest ratio is presently 4.9 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on PINS shares. Zacks Research raised Pinterest from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. BMO Capital Markets set a $28.00 price objective on Pinterest and gave the company an “outperform” rating in a research report on Friday, February 13th. Wall Street Zen cut Pinterest from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup cut Pinterest from a “buy” rating to a “neutral” rating and reduced their target price for the company from $38.00 to $19.00 in a report on Friday, February 13th. Finally, Barclays reduced their target price on Pinterest from $36.00 to $25.00 and set an “equal weight” rating on the stock in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $25.40.

Insider Buying and Selling at Pinterest

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the firm’s stock in a transaction 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 transaction, the director owned 27,450 shares of the company’s stock, valued at approximately $549,000. This trade represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Malik Ducard sold 2,293 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $22.06, for a total value of $50,583.58. Following the transaction, the insider directly owned 695,187 shares of the company’s stock, valued at $15,335,825.22. The trade was a 0.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,443 shares of company stock valued at $113,584 in the last three months. 8.09% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Revolve Wealth Partners LLC purchased a new stake in shares of Pinterest during the fourth quarter worth about $252,000. Integrated Wealth Concepts LLC increased its position in shares of Pinterest by 5.9% during 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 during the last quarter. Empowered Funds LLC increased its position 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 acquiring an additional 4,748 shares during the last quarter. Sivia Capital Partners LLC increased its position 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 acquiring an additional 2,649 shares during the last quarter. Finally, Jump Financial LLC purchased 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 Trading Up 2.8%

Shares of PINS traded up $0.55 during midday trading on Friday, reaching $20.21. 15,925,797 shares of the company were exchanged, compared to its average volume of 12,164,577. The stock has a 50-day moving average price of $18.77 and a 200-day moving average price of $23.64. The company has a market cap of $13.44 billion, a price-to-earnings ratio of 33.13, a P/E/G ratio of 1.32 and a beta of 0.93. Pinterest has a 1-year low of $13.84 and a 1-year high of $39.93.

Pinterest (NYSE:PINS) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.01). The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.56 EPS. Equities research analysts anticipate that Pinterest will post 0.64 earnings per share for the current year.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Benchmark trimmed its price target slightly (from $34 to $33) but maintained a “buy” rating, signaling continued analyst conviction in upside if Pinterest can execute on monetization. Benchmark lowed price target
• Neutral Sentiment: Analysts and press are parsing Pinterest’s move into AI shopping tools and connected‑TV (CTV) ads — coverage argues these initiatives could support revenue growth but also raise costs and execution risk; RBC Capital left a hold rating and other research shows only modest changes to fair‑value estimates. AI shopping and CTV ads analysis RBC hold
• Negative Sentiment: Multiple law firms have announced or encouraged participation in a securities‑class action against Pinterest (class period: Feb. 7, 2025–Feb. 12, 2026) with a May 29, 2026 lead‑plaintiff deadline; complaints allege material misstatements/omissions about advertising revenues, ad capabilities and tariff impacts — this cluster of litigation notices increases legal overhang and could pressure sentiment and valuation depending on developments. Representative filings/alerts: Pomerantz (complaint filed) Pomerantz filing, Glancy Prongay Wolke & Rotter Glancy notice, and Kessler Topaz Kessler Topaz alert.

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.