Teachers Retirement System of The State of Kentucky Increases Stock Position in Pinterest, Inc. $PINS

Key Points

• Teachers Retirement System of Kentucky boosted its stake in Pinterest by 54.1% in Q4 to 398,892 shares (about 0.06% of the company), valued at roughly $10.33 million.
• Analysts hold a consensus rating of “Hold” on Pinterest with a $25.51 average target after several recent price-target cuts (one Strong Buy, 15 Buy, 17 Hold, 1 Sell reported).
• Pinterest reported Q4 revenue of $1.32 billion and EPS of $0.67 (missed estimates by $0.01) with revenue up 14.3% YoY; short interest has dropped ~20% recently, but ongoing class-action suits alleging revenue misstatements create legal risk.

Teachers Retirement System of The State of Kentucky boosted its position in shares of Pinterest, Inc. (NYSE:PINS - Free Report) by 54.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 398,892 shares of the company's stock after buying an additional 140,069 shares during the quarter. Teachers Retirement System of The State of Kentucky owned approximately 0.06% of Pinterest worth $10,328,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in shares of Pinterest during the 4th quarter worth about $26,000. N.E.W. Advisory Services LLC increased its stake in shares of Pinterest by 505.7% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company's stock valued at $27,000 after purchasing an additional 713 shares in the last quarter. Atlantic Union Bankshares Corp increased its stake in shares of Pinterest by 3,839.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company's stock valued at $29,000 after purchasing an additional 883 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings 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. Finally, Fifth Third Bancorp raised its holdings in Pinterest by 2,409.1% in the 3rd quarter. Fifth Third Bancorp now owns 1,380 shares of the company's stock worth $44,000 after purchasing an additional 1,325 shares during the period. Institutional investors and hedge funds own 88.81% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the company. HSBC lowered Pinterest from a "buy" rating to a "hold" rating and set a $24.90 price objective on the stock. in a report on Friday, January 30th. Bank of America reiterated a "neutral" rating and set a $19.00 target price (down from $39.00) on shares of Pinterest in a research report on Friday, February 13th. Oppenheimer dropped their price target on shares of Pinterest from $36.00 to $24.00 and set an "outperform" rating on the stock in a research note on Friday, February 13th. Benchmark cut their price target on shares of Pinterest from $39.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Finally, Zacks Research upgraded shares of Pinterest from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Pinterest currently has a consensus rating of "Hold" and a consensus target price of $25.51.

Pinterest Price Performance

Shares of Pinterest stock opened at $19.92 on Monday. The business has a 50 day simple moving average of $18.46 and a two-hundred day simple moving average of $23.85. Pinterest, Inc. has a 12 month low of $13.84 and a 12 month high of $39.93. The stock has a market capitalization of $13.25 billion, a P/E ratio of 32.65, a PEG ratio of 1.34 and a beta of 0.88.

Pinterest (NYSE:PINS - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.01). Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the firm earned $0.56 earnings per share. The business's revenue was up 14.3% on a year-over-year basis. As a group, research analysts anticipate that Pinterest, Inc. will post 0.64 EPS for the current fiscal year.

Insiders Place Their Bets

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the firm'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 in the company, valued at approximately $549,000. This trade represents a 7.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Malik Ducard sold 2,293 shares of Pinterest stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $22.06, for a total transaction of $50,583.58. Following the sale, the insider directly owned 695,187 shares in the company, valued at approximately $15,335,825.22. This trade represents a 0.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 5,443 shares of company stock worth $113,584 in the last 90 days. 8.09% of the stock is currently owned by insiders.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Short interest dropped sharply in April, removing some near-term bearish pressure. Short interest fell 20.4% to 70,785,235 shares as of April 15 (from 88,971,072 on March 31); that equals about 11.5% of the float and a days-to-cover ratio of ~4.9 based on average daily volume. Fewer outstanding shorts reduces the risk of continued selling and can be a tailwind if sentiment or results improve.
• Negative Sentiment: Multiple securities law firms and a shareholder have filed or issued class-action notices against Pinterest alleging misstatements about advertising revenue/capabilities and concealing restructuring needs; firms are soliciting lead plaintiffs for the class period Feb 7, 2025–Feb 12, 2026 and the lead-plaintiff deadline is May 29, 2026. These actions raise litigation and settlement risk, potential legal costs, and management distraction that can weigh on the stock. Read More. Read More. Read More. Read More.

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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