Royal Bank of Canada Cuts Position in Pinterest, Inc. $PINS

Royal Bank of Canada cut its position in shares of Pinterest, Inc. (NYSE:PINS) by 12.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,303,302 shares of the company’s stock after selling 182,352 shares during the quarter. Royal Bank of Canada’s holdings in Pinterest were worth $23,902,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PINS. Elevated Capital Advisors LLC purchased a new position in shares of Pinterest during the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after purchasing an additional 1,049 shares in the last quarter. Addison Advisors LLC boosted its stake in shares of Pinterest by 727.3% in the 4th quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after purchasing an additional 1,200 shares in the last quarter. Garner Asset Management Corp bought a new position in shares of Pinterest during the 4th quarter valued at $36,000. Finally, MidFirst Bank bought a new position in shares of Pinterest during the 4th quarter valued at $44,000. 88.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Pinterest

In related news, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $22.54, for a total value of $1,056,562.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 14,208 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $19.65, for a total transaction of $279,187.20. Following the sale, the insider owned 691,840 shares of the company’s stock, valued at approximately $13,594,656. This represents a 2.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 370,720 shares of company stock worth $7,892,627 over the last three months. Corporate insiders own 8.09% of the company’s stock.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported second-quarter revenue of $1.18 billion, up 18% year over year, while adjusted earnings of $0.43 per share exceeded the $0.36 consensus estimate. The company also posted record monthly active users of 640 million, up 11%, supported by stronger monetization and AI-powered advertising. Pinterest Q2 Earnings Top Estimates on AI-Led Ad Growth
• Positive Sentiment: Adjusted EBITDA reached $311 million, free cash flow was $270 million, and management raised its full-year margin target, indicating continued operating discipline despite investments in artificial intelligence and commerce. Pinterest Announces Second Quarter 2026 Results
• Positive Sentiment: Several analysts raised their price targets following the results. Morgan Stanley lifted its target to $32, UBS to $33, Mizuho to $32, and Cantor Fitzgerald maintained an overweight rating with a $30 target. One Seeking Alpha contributor also characterized the pullback as a potential buying opportunity, citing Pinterest’s high-intent users, high-teens growth and mid-20% adjusted EBITDA margins. Pinterest Despite North American User Choppiness
• Neutral Sentiment: Other firms remained cautious: Wedbush reaffirmed a neutral rating with a $24 target, while Baird, RBC and Rosenblatt retained neutral or sector-perform views despite modestly higher targets.
• Negative Sentiment: Third-quarter revenue guidance of approximately $1.2 billion was broadly in line with expectations but failed to provide the upside investors wanted. Management indicated that growth is likely to slow as competition for digital-ad spending from larger platforms, including Meta’s Instagram, intensifies. Pinterest Expects Slower Quarterly Revenue Growth
• Negative Sentiment: The market reaction suggests investors were more concerned about forward growth, mature-market user volatility and rising costs than reassured by the quarterly beat. Pinterest also reported a GAAP net loss of $47 million, adding to concerns about near-term profitability.

Analyst Ratings Changes

PINS has been the topic of several analyst reports. Oppenheimer lifted their price objective on Pinterest from $24.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Rothschild & Co Redburn set a $23.00 price target on Pinterest and gave the stock a “neutral” rating in a research report on Monday, April 27th. Royal Bank Of Canada lifted their price target on Pinterest from $23.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Wedbush reiterated a “neutral” rating and issued a $24.00 price objective on shares of Pinterest in a research report on Wednesday. Finally, UBS Group increased their price objective on Pinterest from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pinterest currently has an average rating of “Hold” and a consensus target price of $28.85.

Pinterest Stock Down 8.6%

Shares of Pinterest stock opened at $23.37 on Thursday. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. Pinterest, Inc. has a 12-month low of $13.84 and a 12-month high of $39.83. The company has a market cap of $13.09 billion, a P/E ratio of 68.74, a PEG ratio of 1.51 and a beta of 0.90. The company’s fifty day simple moving average is $21.99 and its two-hundred day simple moving average is $20.48.

Pinterest (NYSE:PINS) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.36 by $0.07. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. Pinterest had a net margin of 5.46% and a return on equity of 6.92%. Pinterest’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period last year, the business posted $0.33 earnings per share. Research analysts anticipate that Pinterest, Inc. will post 0.63 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.