New York State Teachers Retirement System Makes New Investment in Pinterest, Inc. $PINS

Key Points

• New York State Teachers Retirement System bought 410,542 shares of Pinterest in Q4 (about $10.63M), representing roughly 0.06% ownership.
• Pinterest beat Q1 expectations with $0.27 EPS and $1.01B revenue (+18% Y/Y), reported 631M MAUs (+11% Y/Y), guided Q2 revenue to roughly $1.13–$1.15B, and disclosed approximately $2 billion in share repurchases.
• Analyst sentiment is mixed—MarketBeat shows a consensus "Hold" rating with a $25.40 target—and institutional investors own about 88.8% of the stock.

New York State Teachers Retirement System bought a new position in Pinterest, Inc. (NYSE:PINS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 410,542 shares of the company's stock, valued at approximately $10,629,000. New York State Teachers Retirement System owned 0.06% of Pinterest as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Snowden Capital Advisors LLC boosted its stake in Pinterest by 4.4% in the 2nd quarter. Snowden Capital Advisors LLC now owns 7,046 shares of the company's stock worth $253,000 after purchasing an additional 296 shares during the period. EP Wealth Advisors LLC boosted its stake in Pinterest by 3.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 9,483 shares of the company's stock worth $340,000 after purchasing an additional 358 shares during the period. 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 worth $42,000 after purchasing an additional 419 shares during the period. Resonant Capital Advisors LLC boosted its position in shares of Pinterest by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 12,751 shares of the company's stock valued at $410,000 after acquiring an additional 433 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of Pinterest by 0.5% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 88,297 shares of the company's stock valued at $2,841,000 after acquiring an additional 448 shares during the last quarter. Institutional investors own 88.81% of the company's stock.

Pinterest Price Performance

Shares of Pinterest stock opened at $20.86 on Tuesday. The business's 50 day simple moving average is $18.77 and its two-hundred day simple moving average is $23.51. The stock has a market capitalization of $13.87 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. Pinterest, Inc. has a one year low of $13.84 and a one year high of $39.93.

Pinterest (NYSE:PINS - Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. The business had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $965.84 million. Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The business's quarterly revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 EPS. Sell-side analysts expect that Pinterest, Inc. will post 0.64 earnings per share for the current fiscal year.

Key Stories 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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group lifted their price target on Pinterest from $26.00 to $29.00 and gave the company a "buy" rating in a research report on Tuesday, April 21st. Mizuho set a $35.00 price target on Pinterest in a research report on Tuesday, February 3rd. Evercore set a $25.00 price target on Pinterest and gave the company an "in-line" rating in a research report on Friday, February 13th. Wall Street Zen downgraded Pinterest from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Finally, Rothschild & Co Redburn set a $23.00 price target on Pinterest and gave the company a "neutral" rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Pinterest currently has an average rating of "Hold" and a consensus target price of $25.40.

Insider Buying and Selling

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction that occurred 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 directly owned 27,450 shares of the company's stock, valued at $549,000. The trade was a 7.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is owned by company insiders.

Pinterest 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.

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.