SEB Asset Management takes new $5.66M stake in Pinterest
What's the deal? SEB Asset ManagementDealroom has a profile for this one. Try Dealroom → AB bought a new position in Pinterest in Q1 2026, according to its most recent filing with the Securities and Exchange Commission. The Swedish firm acquired 308,370 shares, worth roughly $5,656,000.
The bigger picture: Institutional investors and hedge funds now hold 88.81% of Pinterest's stock. Other funds also adjusted their holdings in the quarter: Snowden Capital Advisors lifted its stake 4.4%, EP Wealth AdvisorsDealroom has a profile for this one. Try Dealroom → added 3.9%, and CIBC Asset Management raised its position 2.2%.
Insiders are selling. In the 90 days to mid-July 2026, insiders sold 323,845 shares worth $6,836,065. Director Benjamin SilbermannDealroom has a profile for this one. Try Dealroom → sold 46,875 shares at an average $22.63 on 7 July 2026, while insider Wanjiku Juanita Walcott sold 27,337 shares at $20.46 on 29 May 2026. Both trades used pre-arranged Rule 10b5-1 plans.
What Wall Street thinks. Analysts are split. Wells FargoDealroom has a profile for this one. Try Dealroom → lifted its price target to $30.00 with an "overweight" rating, JPMorgan and Citigroup both moved to $25.00 with "neutral" ratings, and Benchmark trimmed its target to $33.00 while keeping a "buy."
Of the analysts covering the stock, 17 rate it a buy, 18 a hold, and one a sell, for an average "Hold" rating, according to MarketBeat.
The signal: Fresh institutional buying alongside steady insider selling points to a market still divided on Pinterest's near-term direction, with price targets spanning $24.00 to $33.00.
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