Davis Selected Advisers Boosts Position in Pinterest, Inc. $PINS

Davis Selected Advisers boosted its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 49.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,801,983 shares of the company’s stock after purchasing an additional 3,909,926 shares during the quarter. Pinterest comprises 1.4% of Davis Selected Advisers’ portfolio, making the stock its 21st biggest position. Davis Selected Advisers’ holdings in Pinterest were worth $305,554,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PINS. Revolve Wealth Partners LLC purchased a new position in Pinterest during the 4th quarter worth approximately $252,000. Integrated Wealth Concepts LLC raised its position in Pinterest by 5.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company’s stock worth $339,000 after buying an additional 607 shares during the last quarter. Empowered Funds LLC raised its position in Pinterest by 45.6% during the 1st quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock worth $470,000 after buying an additional 4,748 shares during the last quarter. Sivia Capital Partners LLC raised its position in Pinterest by 39.5% during the 2nd 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 during the last quarter. Finally, Jump Financial LLC purchased a new position in Pinterest during the 2nd quarter worth approximately $696,000. 88.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Malik Ducard sold 2,293 shares of Pinterest stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $22.06, for a total value of $50,583.58. Following the sale, the insider owned 695,187 shares of the company’s stock, valued at approximately $15,335,825.22. This trade represents a 0.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gokul Rajaram sold 2,100 shares of Pinterest 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 completion of the sale, the director directly owned 27,450 shares in the company, valued at $549,000. This represents a 7.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,443 shares of company stock worth $113,584 in the last three months. 8.09% of the stock is owned by corporate insiders.

Pinterest Stock Performance

Pinterest stock opened at $20.21 on Friday. The company’s fifty day moving average price is $18.77 and its 200 day moving average price is $23.64. Pinterest, Inc. has a 1 year low of $13.84 and a 1 year high of $39.93. The stock has a market capitalization of $13.44 billion, a P/E ratio of 33.13, a P/E/G ratio of 1.32 and a beta of 0.93.

Pinterest (NYSE:PINS) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.01). Pinterest had a net margin of 9.87% and a return on equity of 7.95%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the business posted $0.56 EPS. Pinterest’s revenue was up 14.3% compared to the same quarter last year. Sell-side analysts predict that Pinterest, Inc. will post 0.64 EPS for the current year.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Benchmark trimmed its price target slightly (from $34 to $33) but maintained a “buy” rating, signaling continued analyst conviction in upside if Pinterest can execute on monetization. Benchmark lowed price target
• Neutral Sentiment: Analysts and press are parsing Pinterest’s move into AI shopping tools and connected‑TV (CTV) ads — coverage argues these initiatives could support revenue growth but also raise costs and execution risk; RBC Capital left a hold rating and other research shows only modest changes to fair‑value estimates. AI shopping and CTV ads analysis RBC hold
• Negative Sentiment: Multiple law firms have announced or encouraged participation in a securities‑class action against Pinterest (class period: Feb. 7, 2025–Feb. 12, 2026) with a May 29, 2026 lead‑plaintiff deadline; complaints allege material misstatements/omissions about advertising revenues, ad capabilities and tariff impacts — this cluster of litigation notices increases legal overhang and could pressure sentiment and valuation depending on developments. Representative filings/alerts: Pomerantz (complaint filed) Pomerantz filing, Glancy Prongay Wolke & Rotter Glancy notice, and Kessler Topaz Kessler Topaz alert.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PINS shares. Wedbush cut their target price on shares of Pinterest from $30.00 to $16.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Loop Capital lowered shares of Pinterest from a “buy” rating to a “hold” rating and cut their target price for the company from $45.00 to $18.00 in a report on Friday, February 13th. Stifel Nicolaus cut their target price on shares of Pinterest from $40.00 to $25.00 and set a “buy” rating for the company in a report on Friday, February 13th. Rothschild & Co Redburn set a $23.00 target price on shares of Pinterest and gave the company a “neutral” rating in a report on Monday. Finally, Mizuho set a $35.00 target price on shares of Pinterest in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.40.

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.