Pinterest Target of Unusually High Options Trading (NYSE:PINS)

Key Points

• Unusually high options activity: Traders bought 60,715 call options on Tuesday—about a 95% increase over the typical daily call volume of 31,120, signaling elevated bullish bets or speculative interest.
• Q1 beat and upbeat guidance drove the rally: Pinterest reported Q1 revenue of ~$1.01B (+17.8% Y/Y) and $0.27 adjusted EPS, announced roughly $2 billion in share repurchases and guided Q2 revenue above consensus, lifting the stock ~9.7% on heavy volume.
• Headline and fundamental risks remain: The company still posted a GAAP net loss and faces multiple securities‑class‑action notices, while analyst sentiment is mixed (consensus "Hold" with a $26.40 target), leaving upside dependent on execution.

Pinterest, Inc. (NYSE:PINS - Get Free Report) was the recipient of unusually large options trading on Tuesday. Traders acquired 60,715 call options on the stock. This represents an increase of 95% compared to the typical daily volume of 31,120 call options.

Insider Activity at Pinterest

In other news, Director Gokul Rajaram sold 2,100 shares of the business's 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 sale, the director directly owned 27,450 shares in the company, 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 SEC, 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 currently owned by company insiders.

Institutional Trading of Pinterest

Several hedge funds have recently added to or reduced their stakes in PINS. Envestnet Asset Management Inc. increased its position in shares of Pinterest by 30.4% during the third quarter. Envestnet Asset Management Inc. now owns 1,036,157 shares of the company's stock valued at $33,333,000 after buying an additional 241,527 shares during the period. Peak Retirement Planning Inc. purchased a new stake in shares of Pinterest during the third quarter valued at approximately $1,850,000. Yousif Capital Management LLC grew its holdings in shares of Pinterest by 2,298.3% during the fourth quarter. Yousif Capital Management LLC now owns 185,170 shares of the company's stock valued at $4,701,000 after buying an additional 177,449 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Pinterest by 50,133.2% during the third quarter. Cullen Frost Bankers Inc. now owns 255,687 shares of the company's stock valued at $8,225,000 after buying an additional 255,178 shares during the last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in Pinterest by 114.7% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 231,964 shares of the company's stock valued at $7,462,000 after purchasing an additional 123,900 shares during the period. 88.81% of the stock is owned by institutional investors.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Quarterly beat and upbeat guidance — Q1 revenue of ~$1.01B (+17.8% Y/Y) and adjusted EPS of $0.27 topped estimates; management guided Q2 revenue above consensus (midpoint ~ $1.14B). This combination is the main driver of the stock rally. Business Wire: Q1 Results
• Positive Sentiment: AI is being credited with ad revenue lift — CEO and company commentary point to improvements in AI-driven visual search and personalization as material contributors to stronger ad performance and advertiser demand. That narrative supports expectations for continued ad revenue momentum. Investopedia: AI helped drive growth
• Positive Sentiment: Capital return program — the company disclosed approximately $2 billion of share repurchases alongside results, supporting EPS and signaling confidence from management. Business Wire: Share repurchases
• Neutral Sentiment: Analyst revisions — several firms raised price targets (Mizuho to $30, Guggenheim to $24 and others to $24), with some changing to outperform/buy while others kept neutral ratings despite higher targets. Upgrades add support, but the mix of ratings means follow‑through depends on sustained execution. Benzinga: Analyst moves
• Neutral Sentiment: Technical/volume context — shares are trading well above average volume and sit above the 50‑day moving average but near the 200‑day; that can amplify short‑term moves in either direction as investors reprice based on the new guidance and analyst action.
• Negative Sentiment: Multiple securities‑class‑action notices — several law firms have filed or are soliciting lead plaintiffs alleging inadequate disclosures for an identified class period; potential litigation and associated costs create headline risk and could pressure sentiment. GlobeNewswire: Schall Law Firm notice PR Newswire: Faruqi & Faruqi notice
• Negative Sentiment: GAAP loss remains — while adjusted metrics and cash flow showed strength, GAAP net loss was reported for the quarter, which some investors may view as a reminder that profitability on a GAAP basis has not fully normalized. Business Wire: Financial details

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Guggenheim boosted their price target on Pinterest from $21.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday. Wolfe Research set a $33.00 price target on Pinterest and gave the company an "outperform" rating in a report on Monday, January 5th. UBS Group boosted their price target on Pinterest from $26.00 to $29.00 and gave the company a "buy" rating in a report on Tuesday, April 21st. Wall Street Zen lowered Pinterest from a "buy" rating to a "hold" rating in a 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 report on Monday, April 27th. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $26.40.

Pinterest Trading Up 9.7%

Shares of PINS traded up $2.03 during mid-day trading on Tuesday, reaching $22.88. 30,986,830 shares of the stock traded hands, compared to its average volume of 18,380,615. Pinterest has a 1 year low of $13.84 and a 1 year high of $39.93. The company has a market cap of $15.22 billion, a price-to-earnings ratio of 37.86, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The firm has a fifty day moving average price of $18.77 and a 200 day moving average price of $23.51.

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

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.

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