Swedbank AB Has $105.68 Million Stock Holdings in Pinterest, Inc. $PINS

Key Points

• Swedbank AB cut its Pinterest stake by 51.6%, selling 4,360,250 shares and holding 4,081,736 shares worth about $105.68 million after the quarter.
• Pinterest reported a Q1 beat (revenue $1.01B, EPS $0.27), cited AI-driven ad improvements and rising ARPU, and has repurchased roughly $2B under a $3.5B buyback—factors that spurred analyst price-target upgrades and the recent rally.
• However, multiple securities-class action suits and repeated law-firm notices pose a legal overhang, and analysts’ consensus remains a “Hold” with a $27.40 price target.

Swedbank AB trimmed its stake in shares of Pinterest, Inc. (NYSE:PINS - Free Report) by 51.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,081,736 shares of the company's stock after selling 4,360,250 shares during the quarter. Swedbank AB owned 0.60% of Pinterest worth $105,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of PINS. Davis Selected Advisers bought a new stake in Pinterest in the third quarter valued at $253,887,000. Man Group plc lifted its holdings in shares of Pinterest by 185.7% during the third 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 during the period. Victory Capital Management Inc. lifted its holdings in shares of Pinterest by 18.5% during the third 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 during the period. Vanguard Group Inc. boosted its stake in shares of Pinterest by 5.3% in the 3rd quarter. Vanguard Group Inc. now owns 60,986,423 shares of the company's stock valued at $1,961,933,000 after purchasing an additional 3,044,674 shares in the last quarter. Finally, Erste Asset Management GmbH boosted its stake in shares of Pinterest by 33,818.9% in the 3rd quarter. Erste Asset Management GmbH now owns 2,510,000 shares of the company's stock valued at $83,633,000 after purchasing an additional 2,502,600 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Rothschild & Co Redburn set a $23.00 target price on shares of Pinterest and gave the stock a "neutral" rating in a research report on Monday, April 27th. JPMorgan Chase & Co. boosted their price target on shares of Pinterest from $20.00 to $25.00 and gave the company a "neutral" rating in a research report on Tuesday. Evercore set a $27.00 price objective on shares of Pinterest in a research note on Tuesday. Royal Bank Of Canada raised their price objective on shares of Pinterest from $17.00 to $23.00 and gave the stock a "sector perform" rating in a report on Tuesday. Finally, TD Cowen lifted their target price on shares of Pinterest from $36.00 to $38.00 and gave the company a "buy" rating in a research note on Tuesday. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Pinterest has a consensus rating of "Hold" and a consensus price target of $27.40.

Insider Activity at Pinterest

In related news, Director Gokul Rajaram sold 2,100 shares of Pinterest 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is currently owned by company insiders.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 beat and upbeat guidance: Pinterest delivered stronger‑than‑expected Q1 revenue and EPS, cited AI ad improvements and raised Q2 outlook — the core driver of the recent rally. Pinterest Q1 Earnings Beat
• Positive Sentiment: AI and monetization momentum: Management points to its Taste Graph/PinRec and Performance+ adoption as materially improving advertiser ROI and ARPU — a structural rationale for sustained ad revenue growth. Pinterest's AI Bet Paying Off
• Positive Sentiment: Wall Street support and price‑target lifts: Multiple firms raised targets and ratings after the quarter (including Morgan Stanley, Oppenheimer, UBS, Mizuho, Wells Fargo and others), adding analyst momentum to the stock’s upside case. Analyst Price‑Target Hikes
• Positive Sentiment: Share repurchases and capital return: Management’s aggressive buyback (≈$2B repurchased so far under a $3.5B program) is reducing float and supporting EPS — a mechanical floor for valuation. MarketBeat: Pinterest Profit Play
• Neutral Sentiment: Options and volume indicate elevated short‑term trading interest: Unusually high call option activity and daily volume suggest traders are actively repositioning around the earnings news and legal headlines; this raises near‑term volatility but is not a directional fundamental.
• Negative Sentiment: Multiple securities‑class action suits filed: Several law firms and notices allege misstatements about ad revenues, restructuring and tariff exposure, and are soliciting lead plaintiffs — creating a legal overhang and potential litigation risk/costs. PR Newswire: Shareholder Opportunity to Lead Lawsuit
• Negative Sentiment: Repeated law‑firm notices and lead‑plaintiff deadlines: Multiple firms (Bernstein Liebhard, Levi & Korsinsky, Rosen, Pomerantz, etc.) have publicized claims and May 29 lead‑plaintiff deadlines — amplifying headlines that can pressure sentiment even if substantive damages are uncertain. Newsfile: Securities Class Action Filed

Pinterest Price Performance

Shares of PINS stock opened at $21.22 on Thursday. The firm's 50 day moving average price is $18.95 and its two-hundred day moving average price is $23.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 7.64 and a current ratio of 4.23. Pinterest, Inc. has a 52-week low of $13.84 and a 52-week high of $39.93. The stock has a market cap of $14.11 billion, a PE ratio of 44.20, a PEG ratio of 1.49 and a beta of 0.93.

Pinterest (NYSE:PINS - Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The business's revenue for the quarter was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. As a group, analysts forecast that Pinterest, Inc. will post 0.64 EPS for the current year.

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.

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