Truist Financial Corp Decreases Stock Holdings in Pinterest, Inc. $PINS

Truist Financial Corp reduced its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 41.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,649 shares of the company’s stock after selling 42,567 shares during the quarter. Truist Financial Corp’s holdings in Pinterest were worth $1,570,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of Pinterest by 30.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,036,157 shares of the company’s stock worth $33,333,000 after acquiring an additional 241,527 shares in the last quarter. Yousif Capital Management LLC increased its stake in Pinterest by 2,298.3% in the fourth quarter. Yousif Capital Management LLC now owns 185,170 shares of the company’s stock valued at $4,701,000 after purchasing an additional 177,449 shares during the last quarter. Peak Retirement Planning Inc. purchased a new position in Pinterest in the third quarter valued at approximately $1,850,000. Cullen Frost Bankers Inc. increased its stake in Pinterest by 50,133.2% in the third 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 last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in Pinterest by 114.7% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 231,964 shares of the company’s stock valued at $7,462,000 after purchasing an additional 123,900 shares during the last quarter. 88.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on PINS shares. Zacks Research upgraded shares of Pinterest from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Rosenblatt Securities lifted their price target on shares of Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. UBS Group lifted their price target on shares of Pinterest from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. KeyCorp cut their price target on shares of Pinterest from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 3rd. Finally, Wells Fargo & Company lifted their price target on shares of Pinterest from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Pinterest presently has an average rating of “Hold” and a consensus target price of $27.40.

Insider Transactions at Pinterest

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

Key Headlines Impacting Pinterest

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 Price Performance

PINS stock opened at $19.07 on Friday. The company has a market capitalization of $10.68 billion, a P/E ratio of 39.73, a PEG ratio of 1.05 and a beta of 0.93. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $39.93. The business has a 50 day simple moving average of $19.29 and a 200-day simple moving average of $22.82. 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 (NYSE:PINS) last posted its quarterly earnings data 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. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The company’s revenue was up 17.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 earnings per share. As a group, equities analysts anticipate that Pinterest, Inc. will post 0.68 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.