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

Arvin Capital Management LP lowered its stake in shares of Pinterest, Inc. (NYSE:PINS) by 47.3% during the third quarter, HoldingsChannel reports. The firm owned 351,554 shares of the company’s stock after selling 315,246 shares during the quarter. Pinterest makes up 2.0% of Arvin Capital Management LP’s investment portfolio, making the stock its 18th largest position. Arvin Capital Management LP’s holdings in Pinterest were worth $11,309,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Snowden Capital Advisors LLC increased its holdings in Pinterest by 4.4% during the second quarter. Snowden Capital Advisors LLC now owns 7,046 shares of the company’s stock worth $253,000 after buying an additional 296 shares during the last quarter. Penserra Capital Management LLC lifted its stake in Pinterest by 10.1% in the second quarter. Penserra Capital Management LLC now owns 3,259 shares of the company’s stock valued at $115,000 after acquiring an additional 300 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of Pinterest by 3.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 9,483 shares of the company’s stock valued at $340,000 after acquiring an additional 358 shares during the period. Baltimore Washington Financial Advisors Inc. increased its stake in shares of Pinterest by 3.6% during the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 10,302 shares of the company’s stock worth $369,000 after purchasing an additional 359 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC raised its holdings in shares of Pinterest by 5.8% in the 2nd quarter. Dynamic Wealth Strategies LLC now owns 6,596 shares of the company’s stock valued at $237,000 after purchasing an additional 361 shares during the period. Institutional investors and hedge funds own 88.81% of the company’s stock.

Insider Activity at Pinterest

In other Pinterest news, insider Malik Ducard sold 2,293 shares of Pinterest stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $22.06, for a total value of $50,583.58. Following the completion of the transaction, the insider directly owned 695,187 shares of the company’s stock, valued at $15,335,825.22. The trade was a 0.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Donnelly Julia Brau sold 22,821 shares of the company’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 approximately $13,973,657.88. The trade was a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 33,407 shares of company stock valued at $855,925. 7.11% of the stock is currently owned by corporate insiders.

Pinterest News Roundup

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 Stock Performance

PINS stock opened at $19.11 on Wednesday. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93. The company has a market capitalization of $12.71 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 1.23 and a beta of 0.93. The company’s 50-day simple moving average is $22.43 and its 200 day simple moving average is $28.17.

Pinterest (NYSE:PINS) last posted its quarterly earnings data 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 business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the prior year, the firm earned $0.56 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, analysts forecast that Pinterest, Inc. will post 0.6 EPS for the current year.

Analyst Upgrades and Downgrades

PINS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft cut Pinterest from a “buy” rating to a “hold” rating and set a $16.00 price target for the company. in a report on Friday, February 13th. KeyCorp reduced their target price on Pinterest from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 3rd. Oppenheimer decreased their target price on Pinterest from $36.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. BMO Capital Markets set a $28.00 price objective on shares of Pinterest and gave the stock an “outperform” rating in a research report on Friday, February 13th. Finally, Wolfe Research set a $33.00 price objective on shares of Pinterest and gave the company an “outperform” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nineteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $25.87.

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.