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Pinterest (NASDAQ:NYSE:PINS), a $24 billion market cap company with strong financial health according to InvestingPro, saw Chief Financial Officer Brau Donnelly Julia sell 29,606 shares of Class A Common Stock on June 24, 2025, for approximately $1,013,996.
The shares were sold at prices ranging from $34.0800 to $34.4900, with the stock showing strong momentum this year, up nearly 22% YTD. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2024. Following the transaction, Brau Donnelly Julia directly owns 362,890 shares of Pinterest, including restricted stock units subject to vesting requirements. The company maintains exceptional liquidity with a current ratio of 8.4, and according to InvestingPro’s analysis, the stock is currently trading near its Fair Value. For deeper insights into insider trading patterns and comprehensive financial analysis, check out Pinterest’s Pro Research Report, available exclusively on InvestingPro.
In other recent news, Pinterest has reported strong first-quarter earnings, surpassing Wall Street’s revenue and EBITDA estimates by 1% and 4%, respectively, as noted by Cantor Fitzgerald. The company has also provided guidance for the second quarter of 2025, projecting revenue growth of 12-15%, slightly exceeding previous consensus estimates. Analyst Deepak Mathivanan from Cantor Fitzgerald subsequently raised Pinterest’s stock price target from $35 to $39, maintaining an Overweight rating. Benchmark analyst Mark Zgutowicz reaffirmed a Buy rating with a $45 target, highlighting Pinterest’s improving return on ad spend and market share potential. Meanwhile, Piper Sandler maintained a Neutral rating with a $34 target, acknowledging Pinterest’s resilience but expressing difficulty in identifying significant growth drivers. Additionally, Pinterest held its annual stockholder meeting, where shareholders approved several key proposals, including bylaw amendments and director elections. The company also filed a Restated Certificate of Incorporation with the Secretary of State of Delaware. In contrast, Reddit has experienced a decline in user numbers for the third consecutive month, as reported by Piper Sandler.
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