New York State Teachers Retirement System Makes New $10.63 Million Investment in Pinterest, Inc. $PINS

New York State Teachers Retirement System bought a new stake in shares of Pinterest, Inc. (NYSE:PINS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 410,542 shares of the company’s stock, valued at approximately $10,629,000.

Several other hedge funds have also recently made changes to their positions in PINS. Elevated Capital Advisors LLC purchased a new position in shares of Pinterest during the fourth quarter valued at approximately $26,000. N.E.W. Advisory Services LLC increased its stake in shares of Pinterest by 505.7% during the third quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock valued at $27,000 after buying an additional 713 shares during the period. Atlantic Union Bankshares Corp increased its stake in shares of Pinterest by 3,839.1% during the third quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock valued at $29,000 after buying an additional 883 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Pinterest by 46.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company’s stock valued at $42,000 after buying an additional 419 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Pinterest by 2,409.1% during the third quarter. Fifth Third Bancorp now owns 1,380 shares of the company’s stock valued at $44,000 after buying an additional 1,325 shares during the period. 88.81% of the stock is owned by hedge funds and other institutional investors.

Pinterest Stock Up 3.2%

NYSE PINS opened at $20.86 on Tuesday. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.93. The firm has a market capitalization of $13.87 billion, a PE ratio of 34.20, a P/E/G ratio of 1.36 and a beta of 0.93. The stock’s 50 day moving average is $18.77 and its 200 day moving average is $23.51.

Pinterest (NYSE:PINS) last released its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 7.95% and a net margin of 9.87%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. During the same period in the previous year, the company posted $0.23 earnings per share. The firm’s revenue was up 17.8% on a year-over-year basis. On average, research analysts anticipate that Pinterest, Inc. will post 0.64 earnings per share for the current year.

Key Headlines 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

Insider Buying and Selling at Pinterest

In related 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 transaction 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PINS has been the topic of several research analyst reports. Argus cut Pinterest from a “buy” rating to a “hold” rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft cut Pinterest from a “buy” rating to a “hold” rating and set a $16.00 target price on the stock. in a research note on Friday, February 13th. Rothschild & Co Redburn set a $23.00 target price on Pinterest and gave the company a “neutral” rating in a research note on Monday, April 27th. Piper Sandler reissued a “neutral” rating and set a $21.00 target price (down from $33.00) on shares of Pinterest in a research note on Friday, February 13th. Finally, Robert W. Baird restated a “neutral” rating and set a $20.00 price target (down from $35.00) on shares of Pinterest in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Pinterest presently has a consensus rating of “Hold” and a consensus target price of $25.40.

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.