Key Points
- Pinterest CFO Julia Donnelly sold 29,548 shares at an average price of $18.61, generating approximately $549,888. The transaction was made under a pre-arranged Rule 10b5-1 plan, and she retained 751,921 shares afterward.
- Pinterest reported quarterly revenue of $1.18 billion, up 18.2% year over year, and earnings of $0.43 per share, exceeding analysts’ $0.36 estimate.
- The stock opened at $18.92, while analysts’ average price target is $27.90; however, the consensus rating remains Hold and the company’s relatively high valuation and modest 5.46% net margin remain concerns.
Pinterest, Inc. (NYSE:PINS - Get Free Report) CFO Julia Donnelly sold 29,548 shares of the business's stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $18.61, for a total transaction of $549,888.28. Following the completion of the transaction, the chief financial officer directly owned 751,921 shares of the company's stock, valued at approximately $13,993,249.81. This represents a 3.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Donnelly Julia Brau also recently made the following trade(s):
- On Friday, August 7th, Julia Donnelly sold 59,096 shares of Pinterest stock. The stock was sold at an average price of $23.48, for a total transaction of $1,387,574.08.
Pinterest Price Performance
PINS opened at $18.92 on Friday. Pinterest, Inc. has a one year low of $13.84 and a one year high of $35.42. 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 company's 50 day simple moving average is $21.89 and its 200-day simple moving average is $20.74. The stock has a market capitalization of $10.60 billion, a P/E ratio of 55.64, a price-to-earnings-growth ratio of 1.23 and a beta of 0.90.
Pinterest (NYSE:PINS - Get Free Report) last issued its quarterly 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 business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $0.33 earnings per share. Pinterest's revenue for the quarter was up 18.2% compared to the same quarter last year. Sell-side analysts anticipate that Pinterest, Inc. will post 0.58 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Pinterest
A number of hedge funds have recently modified their holdings of the business. CIBC Asset Management Inc raised its holdings in Pinterest by 2.2% during the 4th quarter. CIBC Asset Management Inc now owns 26,434 shares of the company's stock worth $684,000 after buying an additional 560 shares during the period. Coyle Financial Counsel LLC boosted its holdings in shares of Pinterest by 5.9% in the fourth quarter. Coyle Financial Counsel LLC now owns 10,589 shares of the company's stock valued at $274,000 after buying an additional 587 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Pinterest by 2.5% in the fourth quarter. Intech Investment Management LLC now owns 31,681 shares of the company's stock valued at $820,000 after buying an additional 779 shares during the period. Resona Asset Management Co. Ltd. increased its position in shares of Pinterest by 0.5% during the first quarter. Resona Asset Management Co. Ltd. now owns 173,648 shares of the company's stock worth $3,176,000 after acquiring an additional 785 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Pinterest by 2,017.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company's stock worth $29,000 after acquiring an additional 1,049 shares in the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.
Trending Headlines about Pinterest
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Visual Search Ads expand monetization opportunities. Pinterest launched ads that appear in visual search results and Pin closeups, alongside expanded advertiser controls and app-promotion formats. The updates could increase ad inventory, improve shopping-related conversions and support revenue growth. Pinterest Rolls Out Visual Search Ads And Broad Ad Platform Updates
- Positive Sentiment: International monetization offers significant runway. Pinterest’s international user growth and rising average revenue per user are supporting monetization, while the gap with North American monetization levels leaves room for further improvement. AI personalization and shoppable content could help drive longer-term advertising growth. PINS Rides on Growing International Monetization
- Positive Sentiment: Fundamentals and analyst targets provide support. Pinterest’s latest quarterly revenue rose 18.2% year over year to $1.18 billion, while earnings exceeded expectations. The average analyst price target is $27.90, materially above recent trading levels, although the consensus rating remains Hold.
- Neutral Sentiment: Market movement has offered a relative boost. Pinterest and Snap recently edged higher while Meta Platforms declined amid profit-taking. This suggests some sector rotation toward other social-media and digital-advertising names, but it does not represent a company-specific change in Pinterest’s outlook. Meta Slides as Pinterest and Snap Inch Higher
- Negative Sentiment: Multiple insiders have sold shares. CFO Julia Donnelly sold 29,548 shares, while Chief Legal Officer Wanjiku Walcott sold 14,103 shares. Director Benjamin Silbermann also continued a series of share sales. All reported transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their value as a signal of deteriorating business conditions, but the selling may still weigh on investor sentiment.
- Negative Sentiment: Valuation and execution risks remain. Pinterest trades at a relatively high earnings multiple despite a net margin of 5.46%. Investors will likely watch whether international growth and increased advertising investment can continue without pressuring margins.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on PINS. Citigroup lifted their target price on Pinterest from $25.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded Pinterest from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, July 28th. BMO Capital Markets raised their price target on Pinterest from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Guggenheim lifted their price objective on Pinterest from $24.00 to $26.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group raised Pinterest from a "hold" rating to a "buy" rating in a report on Monday, August 31st. Eighteen investment analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $27.90.
View Our Latest Analysis on PINS
About Pinterest
(
Get Free Report)
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.
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