Pinterest (NYSE:PINS) Insider Sells $559,315.02 in Stock

Pinterest, Inc. (NYSE:PINS) insider Wanjiku Juanita Walcott sold 27,337 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $20.46, for a total transaction of $559,315.02. Following the transaction, the insider owned 724,673 shares in the company, valued at approximately $14,826,809.58. This represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Pinterest Stock Performance

Shares of NYSE:PINS opened at $21.57 on Friday. The firm has a 50 day moving average of $19.59 and a 200 day moving average of $21.77. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 44.93, a price-to-earnings-growth ratio of 1.12 and a beta of 0.92. Pinterest, Inc. has a 52 week low of $13.84 and a 52 week high of $39.93.

Pinterest (NYSE:PINS) last released its earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. Pinterest’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. On average, sell-side analysts predict that Pinterest, Inc. will post 0.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Pinterest

Several hedge funds have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp boosted its holdings in Pinterest by 3,839.1% during the third quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after buying an additional 883 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of Pinterest in the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd raised its holdings in Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after purchasing an additional 1,049 shares during the period. Addison Advisors LLC grew its holdings in Pinterest by 727.3% in the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after purchasing an additional 1,200 shares during the period. Finally, Fifth Third Bancorp increased its position in shares of Pinterest by 2,409.1% in the third quarter. Fifth Third Bancorp now owns 1,380 shares of the company’s stock valued at $44,000 after buying an additional 1,325 shares in the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Analysts Set New Price Targets

PINS has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price target on Pinterest from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Stifel Nicolaus lifted their target price on Pinterest from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $20.00 target price on shares of Pinterest in a research report on Friday, February 13th. Morgan Stanley raised their price target on shares of Pinterest from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Finally, Cantor Fitzgerald set a $18.00 price objective on shares of Pinterest in a report on Friday, February 13th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Pinterest presently has an average rating of “Hold” and a consensus target price of $27.40.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest announced a major expansion of its partnership with Amazon Web Services, including a planned $4 billion commitment through 2031, to power AI-driven visual search, recommendations, and personalized content. Investors appear to be treating the deal as a sign that Pinterest is investing aggressively in product improvement and long-term user engagement. Article Title
• Positive Sentiment: The AWS agreement is being described as Pinterest’s largest infrastructure commitment to date, which could strengthen the company’s AI roadmap and improve monetization over time if better search and discovery features boost user activity. Article Title
• Neutral Sentiment: Analysts and media are also revisiting Pinterest’s valuation after a mixed share performance, with investors weighing its recent operational progress against a still-depressed stock price and expectations for future AI-driven growth. Article Title
• Negative Sentiment: Director Benjamin Silbermann sold 46,875 shares in a pre-arranged Rule 10b5-1 plan. While the sale was routine, insider selling can still weigh on sentiment, especially when the stock is trying to rally. Article Title
• Negative Sentiment: Recent reports noted additional insider selling and highlighted concerns about slowing ad demand, weaker ad pricing, and competition, which may be limiting enthusiasm despite the AWS news. Article Title

Pinterest Company Profile

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.