Arvin Capital Management LP Sells 315,246 Shares of Pinterest, Inc. $PINS

Arvin Capital Management LP reduced its stake in Pinterest, Inc. (NYSE:PINS) by 47.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 351,554 shares of the company’s stock after selling 315,246 shares during the period. Pinterest accounts for approximately 2.0% of Arvin Capital Management LP’s holdings, making the stock its 18th largest holding. Arvin Capital Management LP owned about 0.05% of Pinterest worth $11,309,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PINS. Golden State Wealth Management LLC boosted its holdings in Pinterest by 282.7% during the second quarter. Golden State Wealth Management LLC now owns 685 shares of the company’s stock worth $25,000 after buying an additional 506 shares during the last quarter. N.E.W. Advisory Services LLC raised its position 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 acquiring an additional 713 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Pinterest by 3,839.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 883 shares during the last quarter. Wellington Shields Capital Management LLC bought a new position in Pinterest during the 2nd quarter worth approximately $40,000. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings 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 valued at $42,000 after purchasing an additional 419 shares during the period. Institutional investors own 88.81% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Donnelly Julia Brau sold 22,821 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $25.86, for a total value of $590,151.06. Following the sale, the chief financial officer owned 540,358 shares of the company’s stock, valued at $13,973,657.88. The trade was a 4.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Malik Ducard sold 2,293 shares of the firm’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 transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 33,407 shares of company stock worth $855,925. 7.11% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PINS. Piper Sandler reissued a “neutral” rating and set a $21.00 price target (down from $33.00) on shares of Pinterest in a research report on Friday, February 13th. TD Cowen dropped their price objective on Pinterest from $44.00 to $36.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Evercore set a $25.00 target price on Pinterest and gave the company an “in-line” rating in a research note on Friday, February 13th. Bank of America restated a “neutral” rating and issued a $19.00 price target (down from $39.00) on shares of Pinterest in a report on Friday, February 13th. Finally, HSBC lowered Pinterest from a “buy” rating to a “hold” rating and set a $24.90 price target on the stock. in a research report on Friday, January 30th. One 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 company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $25.87.

Pinterest Price Performance

PINS stock opened at $19.11 on Wednesday. The stock has a market capitalization of $12.71 billion, a P/E ratio of 31.33, a P/E/G ratio of 1.23 and a beta of 0.93. Pinterest, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $39.93. The business has a 50-day moving average of $22.43 and a 200-day moving average of $28.17.

Pinterest (NYSE:PINS) last announced its 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 firm 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. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. Equities analysts expect that Pinterest, Inc. will post 0.6 EPS for the current year.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Elliott is investing $1.0 billion in Pinterest and the company said it will use proceeds for an accelerated share repurchase and near‑term buybacks — a direct capital return that reduces float and supports EPS. Pinterest Announces $1 Billion Strategic Investment from Elliott and $2 Billion of Near-Term Share Repurchases
• Positive Sentiment: Market reacted strongly: multiple outlets report a ~8–10% premarket/early trading jump after the deal and buyback announcement, reflecting investor approval of activist backing and buyback leverage. Pinterest stock jumps 10% on $1B Elliott investment, buyback plan
• Positive Sentiment: Coverage highlights Elliott’s activist posture and AI growth thesis; activist involvement can accelerate strategic changes (capital allocation, management pressure, product/AI focus) that investors often reward. Activist investor Elliot takes a $1B stake in Pinterest, betting on AI-driven growth
• Neutral Sentiment: Some reports differ on the total buyback sizing (near‑term $2.0B vs. other outlets citing a $3.5B program). Clarify the company filing/press release for exact authorization and timing before modeling impact. Pinterest shares jump 9.5% as Elliott invests $1bn and company launches $3.5bn buyback
• Negative Sentiment: Pomerantz LLP has opened an investor investigation into Pinterest, signaling potential shareholder litigation risk related to disclosures or the deal; such proceedings can be a drag on sentiment and add legal/settlement uncertainty. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pinterest, Inc. – PINS
• Negative Sentiment: Analyst action: Argus downgraded Pinterest from “buy” to “hold” recently, which may temper momentum from the Elliott news until guidance, buyback details, or execution clarity emerges. Argus downgrades Pinterest from buy to hold

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.