As Cathie Wood Sells Pinterest Stock, Should You Ditch PINS Too?

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When a high-profile investor trims a position, it can spark fresh debate, even if the broader story hasn’t fundamentally changed. That’s especially true when the seller is Cathie Wood, whose Ark Invest funds have built a reputation for making bold, long-term bets on disruptive platforms.Last week, Wood’s flagship exchange-traded funds (ETFs) reduced exposure to several names, including Pinterest (PINS). According to recent trade disclosures, Ark Invest funds sold shares of PINS as part of broader portfolio adjustments that included cuts to DraftKings (DKNG) and Teradyne (TER) while adding to AMD (AMD).Tesla Stock Forecast: Is TSLA Headed to $25 Or $600 in 2026?Microsoft Is Teaming up With Starlink. What Does That Mean for MSFT Stock?Stocks Mostly Lower as Nvidia Earnings Fail to ImpressStop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!So, does Cathie Wood selling Pinterest stock mean it’s time for investors to follow her lead? Or could this be an opportunity hiding in plain sight? Let’s take a closer look.Pinterest has grown into a global visual discovery platform with 619 million monthly active users, generating nearly all of its revenue from digital advertising. But like other ad-dependent tech companies, it’s operating in a cautious marketing environment. In its latest quarter, management flagged retail tariff pressures and signaled modest near-term headwinds as brands tightened budgets.To navigate that shift, Pinterest is reorganizing its global sales team under new Chief Business Officer Lee Brown, aiming to deepen penetration in mid-market and international accounts, a move that could broaden its advertiser base but temporarily slow growth.That uncertainty has been reflected in PINS stock’s performance. Shares rallied early in 2025 and approached $40 around mid-year, near the 52-week high of $39.93, before losing momentum later in the year. By year-end, PINS stock had retreated meaningfully from those levels and has struggled to recover so far in 2026, declining about 31% year-to-date (YTD). In short, we can say that Pinterest has lagged behind many technology peers as higher interest rates and valuation pressure have weighed on growth-oriented names.Despite the underperfomance, investors have serious concerns about the company's valuation. Pinterest has an EV/EBITDA of 28, significantly higher than the sector median of 10, indicating that PINS stock is trading at a premium. Additionally, the price-to-sales (P/S) ratio of 2.67 times is more than double the sector median, suggesting the stock is considerably overpriced.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,878.88 -29.98 (-0.43%)Dow 3048,977.92 -521.28 (-1.05%)Nasdaq22,668.21 -210.17 (-0.92%)Russell 20002,632.36 -44.93 (-1.68%)VIX19.86 +1.23 (+6.60%)Gold5,296.40 +102.20 (+1.97%)Trending tickersBTC-USD Bitcoin USD 65,896.80 -1,349.81 (-2.01%)ANTH.PVT Anthropic 259.14 0.00 (0.00%)NBIS Nebius Group N.V. 91.19 -13.69 (-13.05%)WFC Wells Fargo & Company 81.45 -4.85 (-5.62%)BX Blackstone Inc. 113.37 -4.58 (-3.88%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 84.23 +30.54 (+56.88%)BWIN The Baldwin Insurance Group, Inc. 23.23 +4.74 (+25.64%)FIGS FIGS, Inc. 15.45 +2.98 (+23.90%)DELL Dell Technologies Inc. 148.08 +26.63 (+21.93%)PSKY Paramount Skydance Corporation 13.51 +2.33 (+20.84%)Top losersRUN Sunrun Inc. 13.25 -7.17 (-35.11%)FIGR Figure Technology Solutions, Inc. 25.28 -8.76 (-25.73%)CRWV CoreWeave, Inc. 79.56 -18.07 (-18.51%)ACA Arcosa, Inc. 107.48 -20.02 (-15.70%)TPC Tutor Perini Corporation 75.37 -14.01 (-15.67%)Most activeNVDA NVIDIA Corporation 177.19 -7.70 (-4.16%)NFLX Netflix, Inc. 96.24 +11.63 (+13.75%)SOFI SoFi Technologies, Inc. 17.76 -1.34 (-7.02%)PLUG Plug Power Inc. 1.7900 -0.1200 (-6.28%)NU Nu Holdings Ltd. 14.98 -0.08 (-0.53%)Top economic eventsEarnings eventsMy earnings eventsEarnings events