Pinterest Inc (NYSE: PINS) is 14.76% higher on its value in year-to-date trading and has touched a low of $27.00 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 $31.39 in the last trading session, with the day’s gains setting it 1.89%.
Currently trading at $33.28, the stock is -8.59% and -2.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.57 million and changing 6.02% at the moment leaves the stock -3.19% off its SMA200. PINS registered -4.64% loss for a year compared to 6-month gain of 13.16%.
The stock witnessed a -16.04% loss in the last 1 month and extending the period to 3 months gives it a 3.10%, and is -8.07% down 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 4.87% over the week and 3.62% over the month.
Pinterest Inc (PINS) has around 4666 employees, a market worth around $22.57B and $3.65B in sales. Current P/E ratio is 12.31 and Fwd P/E is 14.93. Profit margin for the company is 51.07%. Distance from 52-week low is 23.26% and -26.35% from its 52-week high. The company has generated returns on investments over the last 12 months (37.98%).
The EPS is expected to grow by 43.90% this year
The shares outstanding are 593.46M, and float is at 585.01M with Short Float at 4.07%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 59.14 million shares valued at $2.61 billion. The investor’s holdings represent 8.7124 of the PINS Shares outstanding. As of 2024-06-30, the second largest holder is AUSTIN PRIVATE WEALTH, LLC with 50.0 million shares valued at $220.0 to account for 7.3188 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 48.45 million shares representing 7.1377 and valued at over $2.14 billion, while ELLIOTT INVESTMENT MANAGEMENT L.P. holds 4.0985 of the shares totaling 28.0 million with a market value of $1.23 billion.
Pinterest Inc (PINS) Insider Activity
The most recent transaction is an insider sale by Walcott Wanjiku Juanita, the company’s Chief Legal & Bus Affairs Ofc. SEC filings show that Walcott Wanjiku Juanita sold 6,690 shares of the company’s common stock on Mar 10 ’25 at a price of $32.85 per share for a total of $0.22 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Mar 07 ’25, Levine Jeremy S. (Director) disposed off 50,535 shares at an average price of $33.98 for $1.72 million. The insider now directly holds 1,156,693 shares of Pinterest Inc (PINS).
