Thrivent Financial for Lutherans Has $8.88 Million Holdings in Pinterest, Inc. $PINS

Thrivent Financial for Lutherans lessened its position in shares of Pinterest, Inc. (NYSE:PINS) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 343,086 shares of the company’s stock after selling 75,842 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Pinterest were worth $8,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Atlantic Union Bankshares Corp grew its holdings in shares of Pinterest by 3,839.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after purchasing an additional 883 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in Pinterest in the 4th quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Pinterest by 46.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company’s stock valued at $42,000 after buying an additional 419 shares in the last quarter. Fifth Third Bancorp boosted its stake in Pinterest by 2,409.1% in the 3rd quarter. Fifth Third Bancorp now owns 1,380 shares of the company’s stock valued at $44,000 after buying an additional 1,325 shares in the last quarter. Finally, Garner Asset Management Corp acquired a new stake in Pinterest in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest Price Performance

Pinterest stock opened at $18.84 on Wednesday. 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 firm has a market cap of $10.55 billion, a P/E ratio of 39.24, a P/E/G ratio of 1.08 and a beta of 0.93. The business’s fifty day moving average is $19.27 and its two-hundred day moving average is $22.51. 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 company 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 business’s revenue was up 17.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.23 earnings per share. Equities research analysts forecast that Pinterest, Inc. will post 0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on PINS. Loop Capital lowered Pinterest from a “buy” rating to a “hold” rating and decreased their price target for the company from $45.00 to $18.00 in a research note on Friday, February 13th. Stifel Nicolaus boosted their price target on Pinterest from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Citigroup boosted their price target on Pinterest from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Pinterest in a research note on Friday, February 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $28.00 price target on shares of Pinterest in a research note on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Pinterest presently has an average rating of “Hold” and a consensus target price of $27.40.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Negative Sentiment: Multiple law firms, including Pomerantz, Faruqi & Faruqi, Rosen, The Gross Law Firm, Portnoy, Bragar Eagel & Squire, Schall, Levi & Korsinsky, and others, announced or promoted class-action claims against Pinterest tied to alleged securities-law violations, with a key lead-plaintiff deadline of May 29, 2026. Article Title
• Negative Sentiment: Investor alerts reference a class period from February 7, 2025 through February 12, 2026 and suggest shareholders who suffered losses may seek recovery, reinforcing concerns that litigation could create financial and reputational risk for Pinterest. Article Title
• Neutral Sentiment: One market note said Pinterest was falling alongside broader social-media weakness and underperforming peers such as Meta Platforms and Snap, suggesting the move is not entirely company-specific. Article Title

Insider Buying and Selling

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the business’s stock in a transaction on 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 owned 27,450 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.09% of the company’s stock.

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.