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SAN FRANCISCO—Pinterest, Inc. (NYSE:PINS), the social media platform with a market capitalization of $21.4 billion and an "GREAT" financial health rating according to InvestingPro, saw Director Benjamin Silbermann execute a significant stock transaction, selling shares worth approximately $3.28 million. The transactions were completed on May 21, 2025, under a pre-established Rule 10b5-1 trading plan.
Silbermann sold a total of 102,083 shares of Class A common stock, with prices ranging between $31.78 and $32.38 per share, near the stock’s current trading price of $31.75. The shares were disposed of in two separate transactions. The first involved 83,333 shares sold through the Benjamin and Divya Silbermann Family Trust, and the second involved 18,750 shares sold through SFTC, LLC. Notably, InvestingPro data shows the company maintains exceptional liquidity with a current ratio of 8.41.
These sales were part of a structured plan that allows insiders to set up a schedule for selling stocks to avoid potential conflicts of interest. Following these transactions, Silbermann’s direct ownership of Class A shares is reported at 6,274 shares.
The sales were facilitated by converting Class B common stock into Class A shares, a move allowed under the company’s Certificate of Incorporation. Each Class B share is convertible into one Class A share at the holder’s discretion or automatically upon transfer.
These transactions highlight significant activity in Pinterest’s executive stock movements, providing insights into the company’s insider trading patterns.
In other recent news, Pinterest Inc reported strong first-quarter earnings, with revenue and EBITDA figures surpassing Wall Street estimates by 1% and 4%, respectively. The company also provided revenue growth guidance for the second quarter of 2025, projecting an increase of 12-15%, which aligns with Wall Street expectations. Analysts have responded positively, with Benchmark maintaining a Buy rating and a $45 price target, citing Pinterest’s improving return on ad spend and potential market share gains. Cantor Fitzgerald increased its price target to $39, maintaining an Overweight rating, while KeyBanc Capital Markets raised its target to $40, also keeping an Overweight rating.
Jefferies adjusted its price target to $31, holding a Neutral rating, in light of Pinterest’s better-than-expected second-quarter revenue guidance. Piper Sandler maintained a Neutral stance with a $34 target, acknowledging Pinterest’s resilience despite a challenging business climate. The company’s Performance+ advertising program has shown promise, with 80% of campaigns outperforming traditional ones. Pinterest’s user engagement has been strong, with monthly active users increasing by 10% year-over-year, reaching record levels. These developments suggest a robust foundation for continued growth in advertising revenue.
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