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

Pinterest, Inc. (NYSE:PINS) Director Benjamin Silbermann sold 46,875 shares of Pinterest stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $20.07, for a total transaction of $940,781.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 shares were 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 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 stock was 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 stock was sold at an average price of $22.54, for a total value of $1,056,562.50.
• On Tuesday, July 7th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $22.63, for a total value of $1,060,781.25.
• On Tuesday, June 30th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $21.45, for a total value of $1,005,468.75.
• On Tuesday, June 23rd, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $19.99, for a total value of $937,031.25.
• On Tuesday, June 16th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $21.15, for a total value of $991,406.25.

Pinterest Stock Performance

NYSE:PINS opened at $18.77 on Friday. The stock’s fifty day moving average is $22.74 and its 200 day moving average is $20.72. Pinterest, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $37.05. The firm has a market capitalization of $10.52 billion, a PE ratio of 55.21, a PEG ratio of 1.20 and a beta of 0.90. 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 (NYSE:PINS) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.36 by $0.07. Pinterest had a net margin of 5.46% and a return on equity of 7.49%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the firm earned $0.33 earnings per share. Pinterest’s quarterly revenue was up 18.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Pinterest, Inc. will post 0.58 earnings per share for the current year.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest’s latest reported quarter provided a fundamental support point: earnings per share of $0.43 exceeded the $0.36 consensus estimate, while revenue of $1.18 billion rose 18.2% year over year and topped expectations. Insider Selling: Pinterest Director Sells Stock
• Positive Sentiment: Several analysts continue to see upside, with price targets ranging from $26 to $31 versus recent trading levels. MarketBeat data shows a consensus target of $27.90, although the overall analyst rating is “Hold.” Pinterest analyst ratings and price targets
• Neutral Sentiment: Pinterest was featured in a Goldman Sachs technology conference presentation and has attracted increased investor attention, but the available reports do not identify a new company announcement or changed financial outlook. Goldman Sachs conference transcript
• Neutral Sentiment: Recent coverage emphasizes that PINS is a heavily watched stock, rather than reporting a specific catalyst. Institutional investors still own approximately 88.8% of the shares, with some funds adding positions. Pinterest trending stock analysis
• Negative Sentiment: The shares have fallen roughly 60% from their 2024 peak and about 30% year to date, reaching their lowest level since May. The decline has pushed the stock below key technical levels and raised the question of whether it is a bargain or a value trap. Pinterest stock valuation and selloff analysis
• Negative Sentiment: The latest steep decline occurred without a fresh company-specific headline, suggesting investors may be reducing exposure to high-growth, premium-valued internet stocks or reassessing Pinterest’s earnings multiple. Pinterest premium multiple analysis
• Negative Sentiment: Director Benjamin Silbermann sold 46,875 shares for approximately $941,000. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its value as a discretionary bearish signal, but it follows several earlier sales and may weigh on sentiment. Pinterest director insider sale

Analyst Ratings Changes

Several brokerages recently commented on PINS. Citigroup upped their price target on shares of Pinterest from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Morgan Stanley boosted their target price on Pinterest from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Wells Fargo & Company upped their target price on Pinterest from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded Pinterest from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Finally, BMO Capital Markets raised their price target on Pinterest from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Eighteen analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Pinterest currently has an average rating of “Hold” and an average price target of $27.90.

Hedge Funds Weigh In On Pinterest

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its holdings 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 purchasing an additional 1,049 shares during the period. Addison Advisors LLC grew its stake in Pinterest by 727.3% in the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after purchasing an additional 1,200 shares in the last quarter. Summit Securities Group LLC purchased a new position in Pinterest during the 1st quarter worth $43,000. MidFirst Bank purchased a new position in Pinterest during the 4th quarter worth $44,000. Finally, Bessemer Group Inc. raised its position in Pinterest by 445.1% during the 1st quarter. Bessemer Group Inc. now owns 3,712 shares of the company’s stock valued at $68,000 after purchasing an additional 3,031 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.

About Pinterest

Pinterest, Inc (NYSE:PINS) operates a visual discovery and planning platform that helps people find ideas and inspiration across categories such as home design, food, fashion, travel and hobbies. Users can discover, save and organize images, videos and other content into collections called boards, as well as share ideas with others.

The company also provides tools for merchants, creators and advertisers. Businesses can use Pinterest to showcase products, reach audiences through visual advertising and direct users to websites or online shopping experiences.