Insider Selling: Pinterest (NYSE:PINS) Director Sells $1,010,625.00 in Stock

Pinterest, Inc. (NYSE:PINS – Get Free Report) Director Benjamin Silbermann sold 46,875 shares of the firm’s stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $21.56, for a total transaction of $1,010,625.00. The transaction was disclosed in a document filed 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 6th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $19.66, for a total transaction of $921,562.50.
  • On Tuesday, September 29th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were 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 stock was 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 stock was 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 value of $1,102,968.75.
  • On Tuesday, August 18th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $23.40, for a total value 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 value of $1,119,375.00.
  • On Tuesday, July 21st, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $22.54, for a total value of $1,056,562.50.

Pinterest Price Performance

Shares of NYSE PINS opened at $21.97 on Friday. The firm has a market cap of $12.31 billion, a P/E ratio of 64.63, a price-to-earnings-growth ratio of 1.49 and a beta of 0.90. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.34. Pinterest, Inc. has a 1-year low of $13.84 and a 1-year high of $35.42. The business’s 50 day moving average is $20.96 and its 200-day moving average is $20.94.

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on PINS. Zacks Research downgraded Pinterest from a “hold” rating to a “strong sell” rating in a report on Tuesday. Robert W. Baird upped their price target on shares of Pinterest from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. UBS Group raised their price target on shares of Pinterest from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Wall Street Zen raised shares of Pinterest from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Royal Bank Of Canada lifted their price objective on shares of Pinterest from $23.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Eighteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $27.90.

View Our Latest Analysis on Pinterest

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

  • Positive Sentiment: Analysts at Seeking Alpha remain constructive on Pinterest’s growth outlook, citing the acquisition of tvScientific to expand into connected-TV advertising, continued development of the Performance+ advertising platform, and longer-term AI infrastructure investments. The analysis also argues that Pinterest’s valuation is attractive relative to Snap, despite stronger financial and operating metrics. Pinterest: CTC Expansion, AI Infrastructure Expansion, And Repurchases Signal Value; Buy
  • Positive Sentiment: A separate bullish analysis highlighted Pinterest’s “walled-garden” platform, growing Gen Z engagement, AI-powered discovery and shopping tools, asset-light business model, strong cash generation, and ongoing share repurchases as potential supports for profitable growth. Pinterest: Walled Garden And AI Growth Tailwinds, With Asset-Light Operations
  • Neutral Sentiment: Pinterest entered into an amended five-year, $700 million credit facility, increasing available liquidity. The facility provides financial flexibility for operations and investment, although investors may also monitor any eventual borrowing costs or balance-sheet impact. Pinterest Expands Liquidity with New $700 Million Facility
  • Neutral Sentiment: Pinterest said its trend forecasts were 88% accurate, offering evidence of the platform’s data and consumer-insight capabilities. However, the announcement has limited immediate earnings implications. Pinterest says its trend forecasts are 88% accurate
  • Negative Sentiment: Zacks Research downgraded PINS from “Hold” to “Strong Sell” and modestly reduced its fiscal 2028 EPS estimate to $1.04 from $1.05, reinforcing concerns about the stock’s earnings outlook. Pinterest Registers a Bigger Fall Than the Market
  • Negative Sentiment: Director Benjamin Silbermann sold 46,875 shares worth approximately $1.01 million under a pre-arranged Rule 10b5-1 plan. The planned nature of the transaction reduces its signaling value, but the repeated sales may still weigh on sentiment. Pinterest Director Sells 46,875 Shares

Institutional Investors Weigh In On Pinterest

Large investors have recently added to or reduced their stakes in the stock. Daytona Street Capital LLC acquired a new position in Pinterest in the third quarter valued at about $45,000. Assenagon Asset Management S.A. lifted its position in Pinterest by 300.4% during the third quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock worth $83,084,000 after purchasing an additional 3,299,884 shares during the period. Tempus Wealth Planning LLC lifted its position in Pinterest by 8.5% during the third quarter. Tempus Wealth Planning LLC now owns 22,818 shares of the company’s stock worth $431,000 after purchasing an additional 1,783 shares during the period. Seelaus Asset Management LLC lifted its position in Pinterest by 27.6% during the third quarter. Seelaus Asset Management LLC now owns 26,829 shares of the company’s stock worth $507,000 after purchasing an additional 5,807 shares during the period. Finally, Krilogy Financial LLC acquired a new stake in Pinterest during the third quarter worth about $232,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

About Pinterest

(Get Free Report)

Pinterest, Inc operates a visual discovery and planning platform that helps people find, save and organize ideas for projects, interests and everyday activities. Users can collect images, videos and other content as “Pins” and arrange them on personalized or collaborative boards. The platform supports discovery across areas such as home design, food, fashion, travel, beauty and do-it-yourself projects.

Pinterest also provides tools for businesses and creators, including visual advertising, shopping features, product catalogs and analytics.

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Insider Buying and Selling by Quarter for Pinterest (NYSE:PINS)

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