Thrivent Financial for Lutherans Grows Stock Position in Pinterest, Inc. $PINS

Thrivent Financial for Lutherans increased its stake in Pinterest, Inc. (NYSE:PINS) by 18.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 418,928 shares of the company’s stock after buying an additional 65,881 shares during the quarter. Thrivent Financial for Lutherans owned about 0.06% of Pinterest worth $13,477,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in shares of Pinterest by 15.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 835,179 shares of the company’s stock worth $26,600,000 after buying an additional 110,089 shares in the last quarter. Renaissance Group LLC lifted its stake in Pinterest by 4.5% in the second quarter. Renaissance Group LLC now owns 1,019,178 shares of the company’s stock worth $36,548,000 after acquiring an additional 43,541 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Pinterest by 243.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 69,446 shares of the company’s stock worth $2,490,000 after acquiring an additional 49,204 shares in the last quarter. SG Americas Securities LLC increased its position in Pinterest by 302.0% during the 3rd quarter. SG Americas Securities LLC now owns 133,193 shares of the company’s stock valued at $4,285,000 after purchasing an additional 100,063 shares during the period. Finally, Cullen Frost Bankers Inc. increased its position in Pinterest by 50,133.2% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 255,687 shares of the company’s stock valued at $8,225,000 after purchasing an additional 255,178 shares during the period. Institutional investors own 88.81% of the company’s stock.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: MarketBeat and other commentators call PINS heavily oversold with a sizable upside to consensus targets (~$37) if the company combines cost cuts and AI product execution with user/revenue stability — this supports a rebound thesis. Analysts Love These 3 Stocks Trading Near 52-Week Lows—Here’s Why
• Neutral Sentiment: Zacks made mixed estimate moves (small raises to some near-term quarterly estimates and trims to others) but retains a “Hold” view — this tempers immediate upside expectations while acknowledging modest earnings improvements.
• Neutral Sentiment: Insider activity: Malik Ducard sold 2,293 shares in early February (small reduction in a large holding), a routine disclosure that may be read as neutral to mildly negative depending on investor interpretation. Malik Ducard Sells 2,293 Shares of Pinterest (InsiderTrades)
• Negative Sentiment: Operational/governance risk: CEO Bill Ready publicly rebuked and fired employees who built an internal layoff‑tracking tool as Pinterest executes ~15% workforce cuts to fund AI — a story that raises morale and oversight concerns. Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs (CNBC)
• Negative Sentiment: Legal risk: Pomerantz LLP opened an investor probe regarding Pinterest, a development that can create distraction, potential liability and short‑term share pressure. INVESTOR ALERT: Pomerantz Investigates Claims on Behalf of Pinterest Investors (GlobeNewswire)
• Negative Sentiment: Price and analyst momentum: PINS has extended a multi‑session losing streak, recently hit new 52‑week lows and has been cut to Hold by some houses; Zacks and other note the stock is falling more steeply than the market. Pinterest extended losing streak to seven sessions (Seeking Alpha) Pinterest Falls More Steeply Than Broader Market (Zacks)

Insider Buying and Selling

In other Pinterest news, CFO Donnelly Julia Brau sold 22,821 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $25.86, for a total value of $590,151.06. Following the completion of the transaction, the chief financial officer owned 540,358 shares of the company’s stock, valued at approximately $13,973,657.88. This trade represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Wanjiku Juanita Walcott sold 74,047 shares of Pinterest stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $26.89, for a total transaction of $1,991,123.83. Following the sale, the insider owned 301,214 shares of the company’s stock, valued at $8,099,644.46. The trade was a 19.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 107,454 shares of company stock worth $2,847,049 in the last three months. Corporate insiders own 7.06% of the company’s stock.

Pinterest Stock Performance

Pinterest stock opened at $19.87 on Thursday. The stock has a market cap of $13.42 billion, a PE ratio of 6.90, a price-to-earnings-growth ratio of 0.95 and a beta of 0.92. The stock has a 50-day moving average of $25.77 and a two-hundred day moving average of $30.86. Pinterest, Inc. has a one year low of $19.80 and a one year high of $40.90.

Pinterest (NYSE:PINS) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Pinterest had a return on equity of 8.20% and a net margin of 48.99%.Pinterest’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. As a group, sell-side analysts predict that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on PINS shares. Citigroup reaffirmed a “buy” rating on shares of Pinterest in a research report on Wednesday, November 5th. Wedbush lowered Pinterest from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $34.00 to $30.00 in a report on Monday, December 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pinterest in a report on Monday, December 29th. Barclays reduced their price target on Pinterest from $40.00 to $36.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Finally, Wells Fargo & Company dropped their price objective on Pinterest from $42.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $37.13.

Pinterest Company 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.