Pinterest (PINS)

Company Profile

Pinterest is a visual discovery engine people use to find inspiration for their lives, including recipes, home and style ideas, travel destinations and more. People have saved more than 240 billion Pins across a range of interests, which others with similar tastes can discover through search and recommendations. Headquartered in San Francisco, Pinterest launched in 2010 and has hundreds of millions of monthly active users around the world.

Company profile

Ticker

PINS

Exchange

NYSE

Website

www.pinterest.com

CEO

Benjamin Silbermann

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Technology Services > Internet Software/Services

Industry (SIC)

Services - Computer Programming, Data Processing, Etc.

Alphabet • Meta Platforms • Rackspace Technology • IHS Markit • Sabre • IAC • Match • Baidu • Bumble • Twitter ...

Former names

Cold Brew Labs Inc.

SEC CIK

0001506293

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Pinterest Europe Limited ...

IRS number

263607129

PINS stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$27.43

Low target

$22.00

High target

$32.00

Latest filings (excl ownership)

View all

S-8

Registration of securities for employees

6 Feb 23

Pinterest Announces Fourth Quarter and Full Year 2022 Results

6 Feb 23

8-K

Pinterest Announces Partnership with Elliott Investment Management

6 Dec 22

8-K

Amendments to Articles of Incorporation or Bylaws

27 Oct 22

Pinterest Announces Third Quarter 2022 Results

1 Aug 22

Results of Operations and Financial Condition

1 Aug 22

8-K

Pinterest Appoints Bill Ready as CEO; Co-Founder and CEO Ben Silbermann Transitions to Executive Chairman

28 Jun 22

Transcripts

View all

PINS

Earnings call transcript

2022 Q4

6 Feb 23

PINS

Earnings call transcript

2022 Q2

1 Aug 22

PINS

Earnings call transcript

2022 Q1

28 Apr 22

PINS

Earnings call transcript

2021 Q4

4 Feb 22

PINS

Earnings call transcript

2021 Q3

5 Nov 21

PINS

Earnings call transcript

2021 Q2

30 Jul 21

PINS

Earnings call transcript

2021 Q1

28 Apr 21

PINS

Earnings call transcript

2020 Q4

5 Feb 21

PINS

Earnings call transcript

2020 Q3

28 Oct 20

PINS

Earnings call transcript

2020 Q2

31 Jul 20

Latest ownership filings

View all

Wanjiku Juanita Walcott

PRICE T ROWE ASSOCIATES INC /MD/

Financial summary

Financial statements Chart PINS financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.62 bn	1.62 bn	1.62 bn	1.62 bn	1.62 bn	1.62 bn
Cash burn (monthly)	20.35 mm	(no burn)	(no burn)	7.16 mm	(no burn)	(no burn)
Cash used (since last report)	54.06 mm	n/a	n/a	19.02 mm	n/a	n/a
Cash remaining	1.56 bn	n/a	n/a	1.60 bn	n/a	n/a
Runway (months of cash)	76.8	n/a	n/a	223.2	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Pinterest earnings reports.

Institutional ownership, Q4 2022

PINS institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	659	626	+5.3%
Opened positions	121	124	-2.4%
Closed positions	88	83	+6.0%
Increased positions	206	194	+6.2%
Reduced positions	222	176	+26.1%

13F shares	Current	Prev Q	Change
Total value	12.91 tn	13.12 bn	+98290.2%
Total shares	571.86 mm	514.58 mm	+11.1%
Total puts	18.33 mm	18.97 mm	-3.4%
Total calls	55.07 mm	64.28 mm	-14.3%
Total put/call ratio	0.3	0.3	+12.8%

Largest owners	Shares	Value	Change
Vanguard	54.13 mm	$1.31 tn	+2.3%
Silbermann Benjamin	37.74 mm	$0.00	-3.0%
BLK Blackrock	31.58 mm	$766.78 bn	+2.9%
Elliott Investment Management	27.91 mm	$677.72 bn	+86.1%
BCS Barclays	27.16 mm	$661.59 bn	+30.4%
Flossbach Von Storch	26.63 mm	$646.46 bn	-7.8%
Harris Associates L P	25.64 mm	$622.46 bn	-9.9%
Amundi	21.63 mm	$526.91 bn	+32.3%
T. Rowe Price	20.07 mm	$488.97 bn	+372.5%
MCQEF Macquarie	14.91 mm	$362.13 bn	+13.9%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	20.07 mm	+15.83 mm	+372.5%
Elliott Investment Management	27.91 mm	+12.91 mm	+86.1%
STT State Street	11.67 mm	+11.67 mm	NEW
BCS Barclays	27.16 mm	+6.34 mm	+30.4%
Norges Bank	6.17 mm	+6.17 mm	NEW
Amundi	21.63 mm	+5.29 mm	+32.3%
FMR	11.42 mm	+4.92 mm	+75.8%
Citadel Advisors	146.00	-3.88 mm	-100.0%
Renaissance Technologies	5.66 mm	-3.85 mm	-40.5%
NMR Nomura	422.01 k	-3.34 mm	-88.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PINS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	Jordan Jeffrey D	Class A Common Stock	Sell	Dispose S	Yes	Yes	25.08	7,500	188.10 k	199,215
20 Feb 23	Andrea Acosta	Class A Common Stock	Payment of exercise	Dispose F	No	No	24.43	7,557	184.62 k	192,282
20 Feb 23	Wanjiku Juanita Walcott	Class A Common Stock	Payment of exercise	Dispose F	No	No	24.43	13,584	331.86 k	322,269
20 Feb 23	Malik Ducard	Class A Common Stock	Payment of exercise	Dispose F	No	No	24.43	18,205	444.75 k	422,210