Calamos Advisors LLC Has $6.11 Million Position in Pinterest, Inc. $PINS

Calamos Advisors LLC lifted its holdings in shares of Pinterest, Inc. (NYSE:PINS) by 22.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 236,000 shares of the company’s stock after purchasing an additional 43,000 shares during the period. Calamos Advisors LLC’s holdings in Pinterest were worth $6,110,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new position in shares of Pinterest in the fourth quarter worth about $252,000. Integrated Wealth Concepts LLC grew its stake in shares of Pinterest by 5.9% during 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 during the last quarter. Empowered Funds LLC increased its holdings in shares of Pinterest by 45.6% in the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock valued at $470,000 after purchasing an additional 4,748 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Pinterest by 39.5% in the second quarter. Sivia Capital Partners LLC now owns 9,347 shares of the company’s stock valued at $335,000 after purchasing an additional 2,649 shares in the last quarter. Finally, Jump Financial LLC bought a new position in Pinterest in the 2nd quarter worth approximately $696,000. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Short interest dropped sharply in April, removing some near-term bearish pressure. Short interest fell 20.4% to 70,785,235 shares as of April 15 (from 88,971,072 on March 31); that equals about 11.5% of the float and a days-to-cover ratio of ~4.9 based on average daily volume. Fewer outstanding shorts reduces the risk of continued selling and can be a tailwind if sentiment or results improve.
• Negative Sentiment: Multiple securities law firms and a shareholder have filed or issued class-action notices against Pinterest alleging misstatements about advertising revenue/capabilities and concealing restructuring needs; firms are soliciting lead plaintiffs for the class period Feb 7, 2025–Feb 12, 2026 and the lead-plaintiff deadline is May 29, 2026. These actions raise litigation and settlement risk, potential legal costs, and management distraction that can weigh on the stock. Read More. Read More. Read More. Read More.

Pinterest Stock Performance

PINS opened at $19.92 on Monday. The company has a fifty day moving average price of $18.46 and a two-hundred day moving average price of $23.85. The firm has a market capitalization of $13.25 billion, a PE ratio of 32.65, a P/E/G ratio of 1.34 and a beta of 0.88. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93.

Pinterest (NYSE:PINS) last posted its quarterly 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 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 last year, the company earned $0.56 EPS. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. Equities analysts forecast that Pinterest, Inc. will post 0.64 EPS for the current year.

Analyst Ratings Changes

PINS has been the topic of a number of recent research reports. Weiss Ratings lowered Pinterest from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Cantor Fitzgerald set a $18.00 target price on Pinterest in a research report on Friday, February 13th. Robert W. Baird reaffirmed a “neutral” rating and set a $20.00 price target (down from $35.00) on shares of Pinterest in a research note on Friday, February 13th. Argus cut Pinterest from a “buy” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $20.00 price objective on shares of Pinterest in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pinterest presently has a consensus rating of “Hold” and an average target price of $25.51.

Insider Activity

In other news, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares of the company’s stock, valued at $549,000. This represents a 7.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Malik Ducard sold 2,293 shares of the stock in a transaction that occurred 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 $15,335,825.22. This represents a 0.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,443 shares of company stock worth $113,584 in the last three months. Insiders own 8.09% of the company’s stock.

Pinterest Company 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.