Recent discussions on social media platform X indicate a renewed interest in Pinterest (PINS) as a potential growth player in digital advertising. Notably, the company is experiencing a resurgence in monthly user growth and improved revenue monetization. However, investors express concerns over organic growth limitations and competitive pressures from platforms like Instagram.
Pinterest Insider Trading Activity
Over the past six months, Pinterest insiders have executed 36 trades, all of which were sales, amounting to a total of $42,897,702. Key sales include:
- Benjamin Silbermann: 1,129,187 shares sold for $37,367,770
- Julia Brau: 68,201 shares sold for $2,327,751
- Jeremy S. Levine: 56,809 shares sold for $1,931,340
Pinterest Hedge Fund Activity
In the latest quarter, 442 institutional investors increased their holdings in Pinterest, while 430 reduced their positions. Notable changes include:
- AMUNDI added 12,271,958 shares (+618.9%) valued at $380,430,698
- WELLINGTON MANAGEMENT removed 8,747,108 shares (-75.7%) valued at $271,160,348
Pinterest Analyst Ratings
Wall Street analysts have issued 6 buy ratings for Pinterest (PINS) in recent months. The median price target stands at $40.0, with notable targets including:
- Guggenheim: $40.0
- Rohit Kulkarni from Roth Capital: $32.0
This summary also includes insights from Quiver Quantitative’s reports and analysis.
