Pinterest (PINS) slides 6% as investors fade the recent Elliott/buyback pop amid lingering ad-demand concerns

Pinterest, Inc. (PINS) is down 6.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The day’s drop looks less like a single new headline and more like a pullback after a sharp early-March rebound tied to Pinterest’s new capital-allocation actions. Ongoing skepticism about near-term advertising demand and guidance (especially after the February earnings update) may also be keeping pressure on the stock.

Details:

Pinterest recently announced a $1 billion strategic investment structured as 1.75% convertible senior notes due 2031 and authorized a new $3.5 billion share repurchase program, including a $1.0 billion accelerated share repurchase (ASR), which can create short-term volatility as positioning adjusts.

The company’s Q4 2025 earnings materials included Q1 2026 revenue guidance of $951 million to $971 million (11%–14% year-over-year growth), which investors have treated cautiously following the post-earnings selloff in February.

The Elliott-related transaction and repurchase program details were filed with the SEC in early March, making them “known” catalysts; today’s move could be driven by profit-taking after that news cycle rather than incremental fundamentals.

This could also be because broader ad-tech and consumer-exposed internet names remain sensitive to macro headlines and any read-through on retailer advertising budgets.

Sources:

Pinterest Investor Relations, SEC, Pinterest earnings release

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PINS Insider Trading Activity

$PINS insiders have traded $PINS stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.

Here’s a breakdown of recent trading of $PINS stock by insiders over the last 6 months:

BENJAMIN SILBERMANN has made 0 purchases and 6 sales selling 204,174 shares for an estimated $7,301,176.
WANJIKU JUANITA WALCOTT (Chief Legal & Bus Affairs Ofc.) sold 74,047 shares for an estimated $1,990,909
DONNELLY JULIA BRAU (Chief Financial Officer) has made 0 purchases and 2 sales selling 45,642 shares for an estimated $1,385,499.
MALIK DUCARD (Chief Content Officer) has made 0 purchases and 3 sales selling 10,586 shares for an estimated $265,776.
ANDREA ACOSTA (Chief Accounting Officer) sold 3,759 shares for an estimated $93,962
GOKUL RAJARAM sold 1,050 shares for an estimated $21,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PINS Hedge Fund Activity

We have seen 394 institutional investors add shares of $PINS stock to their portfolio, and 576 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 27,099,326 shares (+70.5%) to their portfolio in Q4 2025, for an estimated $701,601,550
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 22,646,511 shares (-85.3%) from their portfolio in Q4 2025, for an estimated $586,318,169
FRANKLIN RESOURCES INC removed 12,597,484 shares (-78.9%) from their portfolio in Q4 2025, for an estimated $326,148,860
UBS GROUP AG added 8,174,687 shares (+124.6%) to their portfolio in Q4 2025, for an estimated $211,642,646
BAILLIE GIFFORD & CO removed 7,800,244 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $201,948,317
STATE STREET CORP added 7,412,213 shares (+52.6%) to their portfolio in Q4 2025, for an estimated $191,902,194
MARSHALL WACE, LLP removed 6,468,358 shares (-98.0%) from their portfolio in Q4 2025, for an estimated $167,465,788

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$PINS Congressional Stock Trading

Members of Congress have traded $PINS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $PINS stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIA LETLOW sold up to $15,000 on 12/16.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$PINS Analyst Ratings

Wall Street analysts have issued reports on $PINS in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 01/20/2026
Benchmark issued a "Buy" rating on 11/05/2025
BMO Capital issued a "Outperform" rating on 11/05/2025
Mizuho issued a "Outperform" rating on 09/30/2025

To track analyst ratings and price targets for $PINS, check out Quiver Quantitative's $PINS forecast page.

$PINS Price Targets

Multiple analysts have issued price targets for $PINS recently. We have seen 26 analysts offer price targets for $PINS in the last 6 months, with a median target of $25.0.

Here are some recent targets:

Barton Crockett from Rosenblatt set a target price of $20.0 on 03/04/2026
Brad Erickson from RBC Capital set a target price of $17.0 on 02/13/2026
Michael Morris from Guggenheim set a target price of $25.0 on 02/13/2026
Thomas Champion from Piper Sandler set a target price of $21.0 on 02/13/2026
Mark Kelley from Stifel set a target price of $25.0 on 02/13/2026
John Blackledge from TD Cowen set a target price of $36.0 on 02/13/2026
Ross Sandler from Barclays set a target price of $25.0 on 02/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.