NewEdge Wealth LLC Has $826,000 Stock Position in Pinterest, Inc. $PINS

NewEdge Wealth LLC lessened its holdings in Pinterest, Inc. (NYSE:PINS) by 86.2% during the fourth quarter, HoldingsChannel reports. The fund owned 31,900 shares of the company’s stock after selling 198,892 shares during the quarter. NewEdge Wealth LLC’s holdings in Pinterest were worth $826,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in PINS. Revolve Wealth Partners LLC purchased a new stake in shares of Pinterest in the fourth quarter worth approximately $252,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Pinterest by 5.9% in the first quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company’s stock valued at $339,000 after purchasing an additional 607 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Pinterest by 45.6% during the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock valued at $470,000 after buying an additional 4,748 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Pinterest by 39.5% during the second quarter. Sivia Capital Partners LLC now owns 9,347 shares of the company’s stock worth $335,000 after buying an additional 2,649 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in Pinterest during the second quarter worth $696,000. Institutional investors own 88.81% of the company’s stock.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Negative Sentiment: Multiple law firms, including Pomerantz, Bernstein Liebhard, Faruqi & Faruqi, Rosen, the Schall Law Firm, DJS Law Group, and Glancy Prongay Wolke & Rotter, announced or promoted class-action claims against Pinterest over alleged securities-law violations, keeping legal risk in focus for investors. Article: Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
• Negative Sentiment: The repeated reminders that the May 29, 2026 lead-plaintiff deadline is approaching may add to uncertainty and headline pressure on PINS, even though these notices are largely procedural. Article: ROSEN, HIGHLY REGARDED INVESTOR RIGHTS COUNSEL, Encourages Pinterest, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PINS
• Neutral Sentiment: Zacks noted that Pinterest has been drawing elevated attention from investors, which can increase trading volume but does not by itself provide a clear fundamental catalyst. Article: Pinterest, Inc. (PINS) Is a Trending Stock: Facts to Know Before Betting on It

Pinterest Stock Down 1.5%

PINS stock opened at $19.07 on Friday. The stock has a market cap of $10.68 billion, a P/E ratio of 39.73, a P/E/G ratio of 1.05 and a beta of 0.93. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $19.29 and its two-hundred day simple moving average is $22.82. Pinterest, Inc. has a 1-year low of $13.84 and a 1-year high of $39.93.

Pinterest (NYSE:PINS) last announced its earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The business’s revenue was up 17.8% compared to the same quarter last year. During the same period last year, the firm posted $0.23 EPS. Analysts expect that Pinterest, Inc. will post 0.68 EPS for the current year.

Insiders Place Their Bets

In related news, Director Gokul Rajaram sold 2,100 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the sale, the director owned 27,450 shares in the company, valued at approximately $549,000. This trade represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.09% of the company’s stock.

Wall Street Analyst Weigh In

PINS has been the topic of several recent analyst reports. BMO Capital Markets restated an “outperform” rating and set a $30.00 price objective on shares of Pinterest in a research note on Tuesday, May 5th. Citigroup upped their target price on shares of Pinterest from $19.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Stifel Nicolaus increased their target price on shares of Pinterest from $25.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Zacks Research raised shares of Pinterest from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Finally, UBS Group boosted their price target on shares of Pinterest from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $27.40.

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.