Pinterest Inc (NYSE: PINS) is 10.21% higher on its value in year-to-date trading and has touched a low of $23.59 and a high of $45.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PINS stock was last observed hovering at around $41.10 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $40.82, the stock is -4.21% and -4.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.47 million and changing -0.68% at the moment leaves the stock 12.46% off its SMA200. PINS registered 45.99% gain for a year compared to 6-month gain of 9.85%.
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The stock witnessed a -6.42% loss in the last 1 month and extending the period to 3 months gives it a 24.72%, and is 0.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 2.65% over the month.
Pinterest Inc (PINS) has around 4014 employees, a market worth around $27.89B and $3.19B in sales. Current P/E ratio is 193.55 and Fwd P/E is 22.85. Profit margin for the company is 4.64%. Distance from 52-week low is 73.04% and -9.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.49%).
The EPS is expected to grow by 33.90% this year.
Pinterest Inc (PINS) Top Institutional Holders
The shares outstanding are 591.66M, and float is at 589.80M with Short Float at 5.03%.
Pinterest Inc (PINS) Insider Activity
The most recent transaction is an insider sale by Brau Donnelly Julia,the company’sChief Financial Officer. SEC filings show that Brau Donnelly Julia sold 30,280 shares of the company’s common stock on Jun 27 ’24 at a price of $44.38 per share for a total of $1.34 million. Following the sale, the insider now owns 0.36 million shares.
Pinterest Inc disclosed in a document filed with the SEC on Jun 20 ’24 that Acosta Andrea (Chief Accounting Officer) sold a total of 2,564 shares of the company’s common stock. The trade occurred on Jun 20 ’24 and was made at $45.00 per share for $0.12 million. Following the transaction, the insider now directly holds 0.19 million shares of the PINS stock.
Still, SEC filings show that on Jun 13 ’24, Acosta Andrea (Chief Accounting Officer) disposed off 3,845 shares at an average price of $43.90 for $0.17 million. The insider now directly holds 189,470 shares of Pinterest Inc (PINS).
