Donnelly Julia Brau Sells 22,821 Shares of Pinterest (NYSE:PINS) Stock

Key Points

• CFO Donnelly Julia Brau sold 22,821 shares of Pinterest at an average price of $34.85, totaling approximately $795,311.85, resulting in a 6.81% decrease in their ownership.
• Pinterest reported $0.33 EPS for the last quarter, missing estimates by $0.01, with revenue of $998.23 million, exceeding analyst expectations.
• The stock has received a majority of positive ratings, with 24 analysts issuing a Buy rating and an average target price of $42.38.

Pinterest, Inc. (NYSE:PINS - Get Free Report) CFO Donnelly Julia Brau sold 22,821 shares of the stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $34.85, for a total transaction of $795,311.85. Following the sale, the chief financial officer directly owned 312,422 shares in the company, valued at $10,887,906.70. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Pinterest Price Performance

PINS stock traded up $0.40 during trading on Thursday, hitting $33.40. 12,111,866 shares of the stock traded hands, compared to its average volume of 11,487,996. Pinterest, Inc. has a 1 year low of $23.68 and a 1 year high of $40.90. The firm's 50 day moving average is $36.64 and its two-hundred day moving average is $33.12. The stock has a market cap of $22.71 billion, a price-to-earnings ratio of 11.97, a price-to-earnings-growth ratio of 1.48 and a beta of 0.77.

Pinterest (NYSE:PINS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The firm had revenue of $998.23 million for the quarter, compared to analysts' expectations of $973.42 million. Pinterest had a net margin of 49.31% and a return on equity of 8.44%. The business's revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. Pinterest has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current fiscal year.

Institutional Trading of Pinterest

A number of large investors have recently made changes to their positions in PINS. Revolve Wealth Partners LLC bought a new stake in shares of Pinterest in the 4th quarter worth about $252,000. Two Sigma Investments LP increased its holdings in shares of Pinterest by 25.8% in the 4th quarter. Two Sigma Investments LP now owns 58,871 shares of the company's stock worth $1,707,000 after buying an additional 12,058 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Pinterest by 22.7% in the 4th quarter. Vise Technologies Inc. now owns 10,781 shares of the company's stock worth $313,000 after buying an additional 1,992 shares during the last quarter. GTS Securities LLC increased its holdings in shares of Pinterest by 120.8% in the 4th quarter. GTS Securities LLC now owns 9,797 shares of the company's stock worth $284,000 after buying an additional 56,797 shares during the last quarter. Finally, Toronto Dominion Bank increased its holdings in shares of Pinterest by 4.4% in the 4th quarter. Toronto Dominion Bank now owns 81,252 shares of the company's stock worth $2,356,000 after buying an additional 3,410 shares during the last quarter. 88.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Cowen reaffirmed a "buy" rating on shares of Pinterest in a report on Friday, August 8th. Wells Fargo & Company set a $42.00 target price on shares of Pinterest and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. Sanford C. Bernstein lifted their price objective on shares of Pinterest from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. KeyCorp lifted their price objective on shares of Pinterest from $40.00 to $45.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Finally, Piper Sandler set a $40.00 price objective on shares of Pinterest in a research report on Friday, August 8th. Twenty-four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $42.38.

About Pinterest

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.

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