Go Pro

Rep. Sells Shares of Pinterest, Inc. (NYSE:PINS)

Pinterest logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • A Democratic Texas representative sold $15,001–$50,000 of Pinterest shares on August 7, following a similar sale in May. Other insiders, including Pinterest’s CFO and co-founder, also sold shares under pre-arranged trading plans.
  • Pinterest reported a quarterly earnings beat, with EPS of $0.43 versus $0.36 expected and revenue of $1.18 billion, up 18.2% year over year. The stock was trading at $24.28, up 2.5%.
  • Analysts maintain a broadly neutral view, with a consensus “Hold” rating and a $27.90 price target, while institutional investors own 88.81% of Pinterest’s outstanding shares.
  • MarketBeat previews the top five stocks to own by September 1st.

Representative (Democratic-Texas) recently sold shares of Pinterest, Inc. NYSE: PINS. In a filing disclosed on August 07th, the Representative disclosed that they had sold between $15,001 and $50,000 in Pinterest stock on August 7th.

Representative also recently made the following trade(s):

  • Sold $15,001 - $50,000 in shares of Pinterest NYSE: PINS on 5/28/2026.

Pinterest Trading Up 2.5%

NYSE:PINS opened at $24.28 on Tuesday. The business has a fifty day moving average price of $22.17 and a 200-day moving average price of $20.43. Pinterest, Inc. has a one year low of $13.84 and a one year high of $38.57. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.81 and a quick ratio of 3.81. The firm has a market capitalization of $13.60 billion, a price-to-earnings ratio of 71.41, a price-to-earnings-growth ratio of 1.24 and a beta of 0.90.

Pinterest (NYSE:PINS - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the previous year, the company earned $0.33 EPS. Pinterest's revenue for the quarter was up 18.2% on a year-over-year basis. Sell-side analysts forecast that Pinterest, Inc. will post 0.63 EPS for the current year.

Institutional Investors Weigh In On Pinterest

Several hedge funds and other institutional investors have recently made changes to their positions in PINS. Yousif Capital Management LLC grew its position in Pinterest by 2,298.3% during the 4th quarter. Yousif Capital Management LLC now owns 185,170 shares of the company's stock worth $4,701,000 after acquiring an additional 177,449 shares during the last quarter. Forsta AP Fonden grew its holdings in Pinterest by 61.2% during the 4th quarter. Forsta AP Fonden now owns 397,400 shares of the company's stock worth $10,289,000 after acquiring an additional 150,900 shares during the last quarter. Amundi increased its position in Pinterest by 38.3% in the 1st quarter. Amundi now owns 3,200,829 shares of the company's stock valued at $58,703,000 after acquiring an additional 885,927 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Pinterest during the fourth quarter valued at approximately $12,812,000. Finally, KLP Kapitalforvaltning AS increased its holdings in shares of Pinterest by 103.4% in the fourth quarter. KLP Kapitalforvaltning AS now owns 838,500 shares of the company's stock valued at $21,709,000 after purchasing an additional 426,300 shares in the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Insider Activity

In other news, Director Benjamin Silbermann sold 46,875 shares of Pinterest stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $22.54, for a total transaction of $1,056,562.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Donnelly Julia Brau sold 59,096 shares of the company's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $23.48, for a total value of $1,387,574.08. Following the completion of the sale, the chief financial officer owned 817,409 shares of the company's stock, valued at $19,192,763.32. This represents a 6.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 429,816 shares of company stock valued at $9,280,201. 8.09% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on PINS. Barclays raised their price objective on shares of Pinterest from $27.00 to $31.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 5th. Piper Sandler restated a "neutral" rating and issued a $26.00 price target (up from $21.00) on shares of Pinterest in a report on Tuesday, May 5th. Wall Street Zen raised Pinterest from a "hold" rating to a "buy" rating in a research report on Sunday. Robert W. Baird raised their price objective on Pinterest from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Finally, Susquehanna restated a "positive" rating on shares of Pinterest in a research note on Wednesday, August 5th. Seventeen equities research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $27.90.

View Our Latest Research Report on PINS

About Representative

About Pinterest

(Get Free Report)

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate "Pins" — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company's primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Pinterest Right Now?

Before you consider Pinterest, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinterest wasn't on the list.

While Pinterest currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines