Retirement Systems of Alabama Purchases Shares of 1,064,350 Pinterest, Inc. $PINS

Retirement Systems of Alabama purchased a new position in shares of Pinterest, Inc. (NYSE:PINS) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,064,350 shares of the company’s stock, valued at approximately $27,556,000.

Other hedge funds have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC lifted 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 during the period. Atlantic Union Bankshares Corp grew its stake in Pinterest by 3,839.1% during the third quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after purchasing an additional 883 shares during the period. Whittier Trust Co. of Nevada Inc. grew its stake in Pinterest by 46.0% during the third 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. Fifth Third Bancorp increased its holdings in Pinterest by 2,409.1% in the third quarter. Fifth Third Bancorp now owns 1,380 shares of the company’s stock worth $44,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new stake in Pinterest in the second quarter worth approximately $45,000. 88.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on PINS shares. TD Cowen cut their price target on Pinterest from $44.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Morgan Stanley lowered their price objective on shares of Pinterest from $35.00 to $27.00 and set an “overweight” rating for the company in a research note on Wednesday, March 25th. Piper Sandler reiterated a “neutral” rating and set a $21.00 target price (down from $33.00) on shares of Pinterest in a research report on Friday, February 13th. Guggenheim cut their target price on shares of Pinterest from $38.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, Wells Fargo & Company reduced their price target on shares of Pinterest from $35.00 to $27.00 and set an “overweight” rating for the company in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $25.61.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Short-term market lift noted by financial outlets — coverage highlights that PINS rose while the broader market softened, suggesting some relative demand/support in recent sessions. Pinterest (PINS) Rises As Market Takes a Dip: Key Facts
• Neutral Sentiment: Multiple investor‑rights firms (Rosen, Schall, Robbins, Portnoy, Faruqi, Bronstein, Holzer, et al.) are issuing notices reminding holders of the May 29, 2026 lead‑plaintiff deadline and soliciting claims — procedural developments that enlarge the pool of potential plaintiffs but do not by themselves add new allegations. Rosen Law Firm notice
• Negative Sentiment: Substantive class action filed in the U.S. District Court for the Northern District of California (docketed under 26‑cv‑02745) by Pomerantz LLP alleges securities law violations covering Feb. 7, 2025–Feb. 12, 2026 — a direct legal action that could lead to costly litigation and damages exposure. Pomerantz class action filing
• Negative Sentiment: A filing/alert from Holzer & Holzer (and repeated in other firm notices) lists specific allegations — that Pinterest misled investors about advertising revenue trends, overstated its handling of U.S. tariff impacts on ad partners, and may have faced imminent restructuring — allegations that, if borne out, could materially damage guidance credibility and future ad revenue expectations. Holzer & Holzer alert
• Negative Sentiment: Multiple competing firms (Rosen, Schall, Faruqi, Bronstein, Portnoy, Robbins, Frank R. Cruz, Howard G. Smith, etc.) filing notices increases the likelihood of consolidated, high‑profile litigation and elevates the potential for larger settlements or prolonged court proceedings. Schall Law Firm notice

Insider Buying and Selling

In other Pinterest news, insider Malik Ducard sold 2,293 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $22.06, for a total transaction of $50,583.58. Following the completion of the sale, the insider owned 695,187 shares in the company, valued at approximately $15,335,825.22. The trade was a 0.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders have sold 5,636 shares of company stock worth $131,614. Insiders own 7.11% of the company’s stock.

Pinterest Stock Performance

Shares of Pinterest stock opened at $18.37 on Wednesday. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93. The stock has a 50 day moving average price of $19.35 and a two-hundred day moving average price of $25.72. The stock has a market capitalization of $12.22 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 1.18 and a beta of 0.93.

Pinterest (NYSE:PINS) last issued its earnings results on Thursday, February 12th. The company reported $0.67 earnings per share 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 for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the company earned $0.56 earnings per share. Pinterest’s revenue for the quarter was up 14.3% compared to the same quarter last year. Research analysts forecast that Pinterest, Inc. will post 0.6 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.