Key Points
- Pinterest CFO Donnelly Julia Brau sold 59,096 shares for approximately $1.39 million at an average price of $23.48, reducing her direct stake by 6.74% to 817,409 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Pinterest reported quarterly earnings of $0.43 per share versus the $0.36 consensus estimate, while revenue rose 18.2% year over year to $1.18 billion, exceeding expectations.
- Analyst sentiment remains mixed: the consensus rating is “Hold” with an average price target of $27.90, as optimism over AI-driven advertising and growth is balanced by user-growth concerns and margin pressure.
Pinterest, Inc. (NYSE:PINS - Get Free Report) CFO Donnelly Julia Brau sold 59,096 shares of the firm's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $23.48, for a total transaction of $1,387,574.08. Following the sale, the chief financial officer directly owned 817,409 shares in the company, valued at approximately $19,192,763.32. The trade was a 6.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Pinterest Stock Up 1.7%
PINS opened at $23.73 on Friday. The company has a quick ratio of 4.23, a current ratio of 3.81 and a debt-to-equity ratio of 0.34. The firm has a 50 day moving average price of $22.12 and a 200-day moving average price of $20.48. Pinterest, Inc. has a twelve month low of $13.84 and a twelve month high of $38.57. The stock has a market capitalization of $13.29 billion, a price-to-earnings ratio of 69.80, a PEG ratio of 1.25 and a beta of 0.90.
Pinterest (NYSE:PINS - Get Free Report) last issued its quarterly earnings data 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 the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The firm's revenue for the quarter was up 18.2% compared to the same quarter last year. Equities research analysts forecast that Pinterest, Inc. will post 0.63 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on PINS shares. Stifel Nicolaus increased their price target on Pinterest from $25.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $30.00 price objective on shares of Pinterest in a report on Wednesday. Morgan Stanley upped their price objective on Pinterest from $30.00 to $32.00 and gave the company an "overweight" rating in a research report on Wednesday. Mizuho increased their target price on Pinterest from $31.00 to $32.00 and gave the company an "outperform" rating in a report on Wednesday. Finally, Wall Street Zen cut Pinterest from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Seventeen analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $27.90.
Read Our Latest Research Report on Pinterest
More Pinterest News
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Q2 results beat expectations: Pinterest reported adjusted earnings of $0.43 per share versus the $0.36 consensus estimate, while revenue reached $1.18 billion compared with expectations of $1.15 billion. Revenue grew 18.2% year over year. Pinterest's Q2 Earnings Top Estimates on AI-Led Ad Growth
- Positive Sentiment: AI is supporting monetization: AI-powered advertising, stronger monetization and record user growth helped drive the quarterly outperformance and contributed to a more constructive outlook. Spotify and Pinterest Delivered the Growth. Investors Wanted More
- Positive Sentiment: Analyst sentiment was broadly supportive: UBS initiated or reiterated a Buy rating, Cantor Fitzgerald assigned an Overweight rating, and Evercore raised its price target to $29. RBC also increased its target to $25. Guggenheim, Morgan Stanley, Robert W. Baird and Rosenblatt analysts expressed expectations for further appreciation. Evercore Boosts Pinterest Price Target
- Neutral Sentiment: Valuation remains a debate: Some analysts view the post-earnings weakness as a buying opportunity, citing Pinterest’s high-intent users, high-teens revenue growth and disciplined expense management. Pinterest: Despite North American User Choppiness, Worth The Cheap Multiples
- Negative Sentiment: Key risks limited the reaction: Investors were disappointed by at least one user-related metric, particularly choppiness in North American users. Monetization initiatives are also creating margin pressure, while Wedbush maintained a Neutral or Hold rating. PINS Q2 Deep Dive
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Elevated Capital Advisors LLC purchased a new position in shares of Pinterest during the 4th quarter worth $26,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company's stock worth $29,000 after purchasing an additional 1,049 shares in the last quarter. Addison Advisors LLC increased its stake in shares of Pinterest by 727.3% in the 4th 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. Garner Asset Management Corp bought a new position in Pinterest in the 4th quarter worth $36,000. Finally, Summit Securities Group LLC bought a new position in Pinterest in the 1st quarter worth $43,000. 88.81% of the stock is currently owned by institutional investors.
Pinterest Company Profile
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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.
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