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

Pinterest, Inc. (NYSE:PINS) Director Benjamin Silbermann sold 46,875 shares of the business’s stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $21.56, for a total value of $1,010,625.00. The transaction 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.

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

• On Tuesday, October 6th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $19.66, for a total value of $921,562.50.
• On Tuesday, September 29th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $18.33, for a total value of $859,218.75.
• On Tuesday, September 22nd, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $19.50, for a total value of $914,062.50.
• On Tuesday, September 15th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $19.22, for a total value of $900,937.50.
• On Tuesday, September 8th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The stock was sold at an average price of $20.07, for a total value of $940,781.25.
• 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 value 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 value of $1,102,968.75.
• On Tuesday, August 18th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $23.40, for a total transaction of $1,096,875.00.
• On Tuesday, August 11th, Benjamin Silbermann sold 46,875 shares of Pinterest stock. The shares were sold at an average price of $23.88, for a total transaction 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 transaction of $1,056,562.50.

Pinterest Trading Up 4.6%

Shares of PINS opened at $22.75 on Friday. The stock has a market capitalization of $12.75 billion, a PE ratio of 55.79, a P/E/G ratio of 1.42 and a beta of 0.90. The company’s fifty day moving average is $20.99 and its 200 day moving average is $20.93. 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, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $35.42.

Pinterest (NYSE:PINS) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.43 EPS for the quarter, beating 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 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 earned $0.33 earnings per share. Pinterest’s quarterly revenue was up 18.2% compared to the same quarter last year. Sell-side analysts expect that Pinterest, Inc. will post 0.58 earnings per share for the current fiscal year.

Key Stories Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest entered into an amended and restated five-year, $700 million facility, expanding its financial flexibility. The additional liquidity could support operations, investments, or capital returns while the company maintains a relatively strong balance sheet. Pinterest Expands Liquidity with New $700 Million Facility
• Positive Sentiment: A bullish investment analysis highlighted Pinterest’s “walled garden,” growing Gen Z user base, AI-powered discovery and shopping features, and asset-light operations. The article also pointed to potential support from cash flow, share repurchases, and a valuation viewed as low relative to the company’s historical levels. Pinterest: Walled Garden And AI Growth Tailwinds
• Neutral Sentiment: Director Benjamin Silbermann sold 46,875 shares worth approximately $1.01 million at an average price of $21.56 under a pre-arranged Rule 10b5-1 trading plan. The scheduled nature of the transaction reduces its informational value, though it adds to a pattern of recurring insider sales. Pinterest Director Sells Shares
• Negative Sentiment: Zacks Research downgraded Pinterest to “Strong Sell” and modestly reduced its FY2028 earnings-per-share estimate to $1.04 from $1.05. The downgrade may pressure sentiment by signaling concerns about longer-term earnings growth.
• Negative Sentiment: Pinterest shares had declined in the prior session, adding to near-term weakness as investors weighed valuation and earnings expectations. Despite this, the stock remains above its 50-day and 200-day moving averages, while the broader analyst consensus remains “Hold” with a $27.90 price target.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PINS. Renaissance Technologies LLC boosted its stake in shares of Pinterest by 271.1% during the 1st quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock worth $109,831,000 after purchasing an additional 4,375,000 shares during the period. Bank of America Corp DE grew its holdings in Pinterest by 15.4% during the 1st quarter. Bank of America Corp DE now owns 5,848,116 shares of the company’s stock valued at $107,254,000 after purchasing an additional 779,998 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Pinterest by 300.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock valued at $83,084,000 after purchasing an additional 3,299,884 shares during the last quarter. Bank of New York Mellon Corp raised its position in Pinterest by 11.1% in the 1st quarter. Bank of New York Mellon Corp now owns 4,014,388 shares of the company’s stock worth $73,624,000 after purchasing an additional 401,619 shares during the period. Finally, Senvest Management LLC raised its position in Pinterest by 5.1% in the 1st quarter. Senvest Management LLC now owns 3,594,581 shares of the company’s stock worth $65,925,000 after purchasing an additional 175,000 shares during the period. 88.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on PINS shares. Mizuho increased their price target on shares of Pinterest from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Pinterest from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Wedbush reissued a “neutral” rating and set a $24.00 price objective on shares of Pinterest in a research note on Wednesday, August 5th. Barclays boosted their price objective on Pinterest from $27.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 5th. Finally, BMO Capital Markets upped their price objective on Pinterest from $30.00 to $34.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Eighteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $27.90.

Pinterest Company Profile

Pinterest, Inc operates a visual discovery and planning platform that helps people find, save and organize ideas for projects, interests and everyday activities. Users can collect images, videos and other content as “Pins” and arrange them on personalized or collaborative boards. The platform supports discovery across areas such as home design, food, fashion, travel, beauty and do-it-yourself projects.

Pinterest also provides tools for businesses and creators, including visual advertising, shopping features, product catalogs and analytics.