Pinterest (NYSE:PINS) Director Benjamin Silbermann Sells 46,875 Shares of Stock

Pinterest, Inc. (NYSE:PINS) Director Benjamin Silbermann sold 46,875 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $22.56, for a total value of $1,057,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Benjamin Silbermann also recently made the following trade(s):

• On Tuesday, October 13th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $21.56, for a total value of $1,010,625.00.
• On Tuesday, October 6th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $19.66, for a total value of $921,562.50.
• On Tuesday, September 29th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $18.33, for a total transaction of $859,218.75.
• On Tuesday, September 22nd, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $19.50, for a total transaction of $914,062.50.
• On Tuesday, September 15th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $19.22, for a total transaction of $900,937.50.
• On Tuesday, September 8th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $20.07, for a total transaction of $940,781.25.
• On Wednesday, September 2nd, Benjamin Silbermann sold 93,750 shares of Pinterest stock. The shares were sold at an average price of $21.43, for a total transaction of $2,009,062.50.
• On Tuesday, August 25th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $23.53, for a total transaction of $1,102,968.75.
• On Tuesday, August 18th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $23.40, for a total transaction of $1,096,875.00.
• On Tuesday, August 11th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $23.88, for a total transaction of $1,119,375.00.

Pinterest Stock Performance

NYSE PINS opened at $22.98 on Thursday. The stock has a market cap of $12.87 billion, a P/E ratio of 67.58, a PEG ratio of 1.50 and a beta of 0.90. The company’s 50-day simple moving average is $20.90 and its 200 day simple moving average is $21.05. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $35.42. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.34.

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on PINS shares. Citigroup increased their target price on Pinterest from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. UBS Group boosted their price target on Pinterest from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Guggenheim boosted their price target on Pinterest from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $30.00 price target on shares of Pinterest in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Pinterest from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.90.

Hedge Funds Weigh In On Pinterest

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its stake in shares of Pinterest by 2,017.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after acquiring an additional 1,049 shares during the last quarter. MidFirst Bank acquired a new position in shares of Pinterest in the 4th quarter worth approximately $44,000. Summit Securities Group LLC bought a new stake in Pinterest during the 1st quarter worth approximately $43,000. Daytona Street Capital LLC bought a new stake in Pinterest during the 3rd quarter worth approximately $45,000. Finally, IFP Advisors Inc grew its position in Pinterest by 110.9% during the 3rd quarter. IFP Advisors Inc now owns 3,511 shares of the company’s stock worth $66,000 after acquiring an additional 1,846 shares during the last quarter. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Pinterest News Summary

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.