Nordea Investment Management boosts Pinterest stake by 5.6%, now holding over 5.3M shares worth $137M.

Nordea Investment Management increased its holdings in Pinterest by 5.6% during Q4, acquiring an additional 280,332 shares and now owning 5,301,880 shares valued at $137 million. Other institutional investors also adjusted their positions, with some increasing stakes. Insider sales occurred but remain a small portion of total shares. Pinterest's stock has seen mixed analyst ratings and recent earnings slightly missed estimates, though revenue grew 14.3% year-over-year. The company continues to focus on its visual discovery platform and advertising revenue model.