Pinterest (NYSE:PINS) Director Gokul Rajaram Sells 1,050 Shares of Company Stock

Pinterest, Inc. (NYSE:PINS) Director Gokul Rajaram sold 1,050 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $22.84, for a total transaction of $23,982.00. Following the completion of the transaction, the director owned 35,146 shares of the company’s stock, valued at approximately $802,734.64. The trade was a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gokul Rajaram also recently made the following trade(s):

• On Monday, October 5th, Gokul Rajaram sold 1,050 shares of Pinterest stock. The stock was sold at an average price of $20.00, for a total transaction of $21,000.00.
• On Wednesday, August 19th, Gokul Rajaram sold 1,050 shares of Pinterest stock. The shares were sold at an average price of $23.03, for a total transaction of $24,181.50.

Pinterest Stock Down 0.0%

PINS opened at $22.98 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.81 and a current ratio of 3.81. Pinterest, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $35.42. The firm’s fifty day moving average is $20.90 and its 200 day moving average is $21.05. The stock has a market cap of $12.87 billion, a price-to-earnings ratio of 67.58, a price-to-earnings-growth ratio of 1.50 and a beta of 0.90.

Pinterest (NYSE:PINS) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Pinterest had a return on equity of 7.49% and a net margin of 5.46%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted $0.33 EPS. Pinterest’s revenue for the quarter was up 18.2% compared to the same quarter last year. On average, sell-side analysts forecast that Pinterest, Inc. will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Morgan Stanley increased their target price on Pinterest from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Wedbush reiterated a “neutral” rating and set a $24.00 price objective on shares of Pinterest in a research report on Wednesday, August 5th. Susquehanna reiterated a “positive” rating on shares of Pinterest in a research report on Wednesday, August 5th. DA Davidson boosted their target price on shares of Pinterest from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird upped their target price on shares of Pinterest from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pinterest presently has an average rating of “Moderate Buy” and an average target price of $27.90.

Institutional Investors Weigh In On Pinterest

Several large investors have recently made changes to their positions in PINS. Renaissance Technologies LLC boosted its stake in Pinterest by 271.1% during the first quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock valued at $109,831,000 after buying an additional 4,375,000 shares during the last quarter. Bank of America Corp DE increased its stake in Pinterest by 15.4% in the 1st quarter. Bank of America Corp DE now owns 5,848,116 shares of the company’s stock worth $107,254,000 after acquiring an additional 779,998 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Pinterest by 300.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock worth $83,084,000 after acquiring an additional 3,299,884 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Pinterest by 11.1% in the 1st quarter. Bank of New York Mellon Corp now owns 4,014,388 shares of the company’s stock worth $73,624,000 after acquiring an additional 401,619 shares during the last quarter. Finally, Senvest Management LLC increased its stake in Pinterest by 5.1% in the 1st quarter. Senvest Management LLC now owns 3,594,581 shares of the company’s stock worth $65,925,000 after acquiring an additional 175,000 shares during the last quarter. 88.81% of the stock is owned by institutional investors.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Phillip Securities upgraded Pinterest to “strong buy,” adding to the bullish view of the company’s recent performance and longer-term prospects. Phillip Securities upgrades Pinterest
• Positive Sentiment: Pinterest is positioning its platform as a longer holiday-shopping discovery funnel, potentially giving advertisers more opportunities to reach users before and during the purchasing cycle. This could support engagement and seasonal ad revenue. Pinterest holiday shopping discovery cycle
• Positive Sentiment: A recent analysis argues that Pinterest may be undervalued, citing its debt-light balance sheet, large global user base and potential to improve monetization through commerce and advertising. AppLovin versus Pinterest analysis
• Neutral Sentiment: Pinterest replaced a $500 million revolving credit line with a five-year, $700 million asset-backed facility. The larger financing capacity improves liquidity, but tighter covenants and secured collateral make the refinancing a mixed development. Pinterest funding toolkit analysis
• Neutral Sentiment: Increased investor attention has prompted analysis of whether PINS is a buy at current levels. Its recent earnings beat—with revenue up 18.2% year over year—provides support, but the stock’s elevated earnings multiple leaves less room for execution mistakes. Zacks Pinterest stock analysis
• Negative Sentiment: Director Benjamin Silbermann sold 46,875 shares worth about $1.06 million, while director Gokul Rajaram sold 1,050 shares worth approximately $24,000. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals, but insider selling can still weigh modestly on sentiment. Pinterest insider sale filing

About Pinterest

Pinterest, Inc (NYSE: PINS) operates a visual discovery platform that helps people find ideas and inspiration for activities such as home improvement, cooking, fashion, travel and event planning. Users can discover, save and organize images and videos—known as Pins—on personalized boards and explore recommendations based on their interests.

The company also provides tools for businesses and creators to showcase products and content on the platform. Its advertising business includes promoted Pins and other advertising formats designed to help marketers reach users while they are discovering ideas, researching products and planning purchases.