Pinterest (NYSE:PINS) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Pinterest (NYSE:PINS) from a buy rating to a hold rating in a research note released on Sunday morning.

Several other equities analysts also recently issued reports on the stock. Barclays boosted their price target on shares of Pinterest from $38.00 to $40.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. TD Cowen upped their price objective on shares of Pinterest from $40.00 to $43.00 and gave the stock a “buy” rating in a report on Tuesday, July 15th. Benchmark upped their price objective on shares of Pinterest from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Oppenheimer reaffirmed an “outperform” rating on shares of Pinterest in a report on Friday, August 8th. Finally, KeyCorp upped their price objective on shares of Pinterest from $40.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Twenty-five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Pinterest presently has a consensus rating of “Moderate Buy” and an average target price of $42.40.

Pinterest Stock Performance

Shares of PINS opened at $36.47 on Friday. Pinterest has a 1 year low of $23.68 and a 1 year high of $40.90. The company has a market cap of $24.80 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 1.59 and a beta of 0.77. The firm has a fifty day moving average of $36.72 and a 200-day moving average of $33.13.

Pinterest (NYSE:PINS) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.01). Pinterest had a net margin of 49.31% and a return on equity of 8.44%. The firm had revenue of $998.23 million for the quarter, compared to analyst estimates of $973.42 million. During the same period last year, the firm posted $0.29 EPS. The business’s revenue was up 16.9% compared to the same quarter last year. Pinterest has set its Q3 2025 guidance at EPS. Analysts predict that Pinterest will post 0.6 EPS for the current year.

Insider Buying and Selling at Pinterest

In other Pinterest news, CAO Andrea Acosta sold 3,759 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $34.96, for a total value of $131,414.64. Following the sale, the chief accounting officer directly owned 157,402 shares in the company, valued at approximately $5,502,773.92. The trade was a 2.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Matthew Madrigal sold 20,000 shares of the business’s stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $38.58, for a total transaction of $771,600.00. Following the completion of the sale, the chief technology officer owned 428,823 shares in the company, valued at approximately $16,543,991.34. This trade represents a 4.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 985,922 shares of company stock valued at $35,455,647 in the last ninety days. 7.11% of the stock is owned by insiders.

Institutional Trading of Pinterest

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. raised its holdings in Pinterest by 9.7% during the 2nd quarter. Osaic Holdings Inc. now owns 76,273 shares of the company’s stock worth $2,729,000 after buying an additional 6,726 shares during the period. Centaurus Financial Inc. raised its holdings in Pinterest by 3.9% during the 2nd quarter. Centaurus Financial Inc. now owns 40,028 shares of the company’s stock worth $1,435,000 after buying an additional 1,498 shares during the period. Orion Porfolio Solutions LLC raised its holdings in Pinterest by 133.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 18,798 shares of the company’s stock worth $674,000 after buying an additional 10,734 shares during the period. MASTERINVEST Kapitalanlage GmbH acquired a new stake in Pinterest during the 2nd quarter worth about $1,135,000. Finally, Neuberger Berman Group LLC raised its holdings in Pinterest by 94.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 322,653 shares of the company’s stock worth $11,570,000 after buying an additional 156,377 shares during the period. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest Company Profile

Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.