Hsbc Holdings PLC Boosts Stock Position in Pinterest, Inc. $PINS

Hsbc Holdings PLC increased its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 40.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 834,914 shares of the company’s stock after acquiring an additional 241,154 shares during the period. Hsbc Holdings PLC’s holdings in Pinterest were worth $21,596,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in Pinterest during the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in Pinterest by 2,017.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after purchasing an additional 1,049 shares in the last quarter. Addison Advisors LLC grew its position in shares of Pinterest by 727.3% in the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after purchasing an additional 1,200 shares during the period. Garner Asset Management Corp acquired a new stake in shares of Pinterest in the fourth quarter valued at about $36,000. Finally, MidFirst Bank purchased a new stake in shares of Pinterest during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Wells Fargo raised its price target on Pinterest to $30 from $28 and kept an Overweight rating, signaling roughly 34% upside from the current share price. Article: Wells Fargo raises Pinterest price target
• Positive Sentiment: Market commentary continues to highlight Pinterest as a stock some investors see as undervalued after a sharp pullback over the past year, which may be supporting bargain-hunting interest. Article: Should You Buy Pinterest Inc. (PINS)’s Shares?
• Neutral Sentiment: Zacks Research trimmed several forward EPS estimates for Pinterest, including FY2026, FY2027, and FY2028, which suggests analysts are still cautiously resetting expectations rather than turning more bullish. Article: Zacks Research estimate updates
• Neutral Sentiment: Recent articles continue to debate Pinterest’s longer-term outlook, with some pieces highlighting strong product appeal while others warn the stock faces a tougher ad-demand test. Article: Pinterest Rally Faces A Bigger Ad Test

Analysts Set New Price Targets

A number of brokerages recently weighed in on PINS. Morgan Stanley raised their price target on shares of Pinterest from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Wall Street Zen lowered Pinterest from a “buy” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company increased their target price on Pinterest from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Tuesday. Evercore set a $27.00 target price on Pinterest in a research report on Tuesday, May 5th. Finally, Oppenheimer lifted their price target on Pinterest from $24.00 to $30.00 and gave the stock an “outperform” 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.42.

Pinterest Stock Up 0.8%

PINS stock opened at $22.43 on Wednesday. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average of $20.60 and a two-hundred day moving average of $20.95. Pinterest, Inc. has a 12 month low of $13.84 and a 12 month high of $39.93. The company has a market cap of $12.57 billion, a price-to-earnings ratio of 46.74, a PEG ratio of 1.26 and a beta of 0.89.

Pinterest (NYSE:PINS) last issued its earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $965.84 million. During the same period in the previous year, the firm posted $0.23 EPS. The business’s revenue for the quarter was up 17.8% compared to the same quarter last year. As a group, analysts forecast that Pinterest, Inc. will post 0.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Wanjiku Juanita Walcott sold 27,337 shares of Pinterest stock in a transaction on Friday, May 29th. The stock was sold at an average price of $20.46, for a total transaction of $559,315.02. Following the transaction, the insider owned 724,673 shares in the company, valued at $14,826,809.58. The trade was a 3.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares of the company’s stock, valued at $549,000. This represents a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 279,070 shares of company stock valued at $5,817,283. 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.