Danske Bank A S Has $8.60 Million Holdings in Pinterest, Inc. $PINS

Key Points

• Danske Bank cut its Pinterest stake by 43% in Q4, selling 250,000 shares and retaining 331,966 shares valued at about $8.6 million.
• Pinterest beat Q1 expectations with revenue of $1.008B (+18% Y/Y) and $0.27 EPS, grew MAUs to 631M, issued Q2 revenue guidance above estimates (~$1.13–$1.15B) and announced roughly $2B in share repurchases.
• Despite the strong quarter, analysts' consensus remains a "Hold" with an average target of $25.40 after multiple downgrades, while institutional ownership is high (88.81%) and the company faces potential securities‑class action headline risk.

Danske Bank A S lessened its position in shares of Pinterest, Inc. (NYSE:PINS - Free Report) by 43.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 331,966 shares of the company's stock after selling 250,000 shares during the quarter. Danske Bank A S's holdings in Pinterest were worth $8,595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Davis Selected Advisers acquired a new stake in shares of Pinterest during the 3rd quarter valued at about $253,887,000. Man Group plc boosted its position in shares of Pinterest by 185.7% during the 3rd quarter. Man Group plc now owns 4,983,427 shares of the company's stock valued at $160,317,000 after acquiring an additional 3,239,222 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Pinterest by 18.5% during the 3rd quarter. Victory Capital Management Inc. now owns 20,550,242 shares of the company's stock valued at $685,899,000 after acquiring an additional 3,213,241 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Pinterest by 5.3% during the 3rd quarter. Vanguard Group Inc. now owns 60,986,423 shares of the company's stock valued at $1,961,933,000 after acquiring an additional 3,044,674 shares in the last quarter. Finally, Erste Asset Management GmbH boosted its position in shares of Pinterest by 33,818.9% during the 3rd quarter. Erste Asset Management GmbH now owns 2,510,000 shares of the company's stock valued at $83,633,000 after acquiring an additional 2,502,600 shares in the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PINS. Robert W. Baird reiterated a "neutral" rating and set a $20.00 target price (down from $35.00) on shares of Pinterest in a research report on Friday, February 13th. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $20.00 price target on shares of Pinterest in a research note on Wednesday, March 4th. Stifel Nicolaus decreased their price target on Pinterest from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, February 13th. Citigroup lowered Pinterest from a "buy" rating to a "neutral" rating and decreased their price target for the company from $38.00 to $19.00 in a research note on Friday, February 13th. Finally, HSBC lowered Pinterest from a "buy" rating to a "hold" rating and set a $24.90 price target on the stock. in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $25.40.

Pinterest Stock Performance

Pinterest stock opened at $20.86 on Tuesday. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93. The business's fifty day moving average is $18.77 and its two-hundred day moving average is $23.51. The firm has a market cap of $13.87 billion, a P/E ratio of 34.20, a P/E/G ratio of 1.36 and a beta of 0.93.

Pinterest (NYSE:PINS - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. During the same quarter in the prior year, the firm posted $0.23 earnings per share. The firm's revenue for the quarter was up 17.8% compared to the same quarter last year. On average, equities research analysts predict that Pinterest, Inc. will post 0.64 earnings per share for the current year.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 top- and bottom-line beat: Revenue of $1.008B (+18% Y/Y) and $0.27 adjusted EPS topped consensus, driving investor optimism. Pinterest Announces First Quarter 2026 Results
• Positive Sentiment: Q2 revenue guidance above expectations — company forecast roughly $1.13B–$1.15B (midpoint > analysts' estimate), suggesting resilient advertiser spending. Pinterest surges after earnings beat as company posts strong guidance
• Positive Sentiment: User and ad-product momentum: MAUs rose to 631M (+11% Y/Y) and management emphasized AI integration to deepen ad personalization — a potential driver of higher yield per user. Q1 2026 Earnings Call Transcript
• Positive Sentiment: Capital return: the company disclosed approximately $2 billion in share repurchases, which supports EPS and signals confidence from the board. Business Wire Q1 Results
• Neutral Sentiment: Cash and profitability mix: Adjusted EBITDA was $207M and operating cash flow $328M, but GAAP net loss was $74M and free cash flow was $31M — shows improving operating cash yet mixed GAAP figures. Business Wire Q1 Results
• Neutral Sentiment: Analyst positioning: some analysts revised forecasts ahead of the print (mixed revisions can amplify swings post‑earnings). Analyst revisions ahead of earnings
• Negative Sentiment: Securities‑class action notices: multiple firms are soliciting lead‑plaintiff candidates for a suit covering Feb 7, 2025–Feb 12, 2026; potential litigation risk and associated headline risk remain. ROSEN investor notice

Insiders Place Their Bets

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the stock in a transaction dated 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. This represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is owned by corporate insiders.

About Pinterest

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.

Want to see what other hedge funds are holding PINS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinterest, Inc. (NYSE:PINS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.