Pinterest director Rajaram Gokul sells $42k in shares

Director of PINTEREST (NYSE:PINS), Rajaram Gokul, sold 1,150 shares of Class A Common Stock on July 16, 2025, at a price of $36.88, for a total transaction value of $42,412. The sale comes as Pinterest, currently valued at $25.1 billion, has seen its shares surge nearly 28% year-to-date. According to InvestingPro analysis, the company maintains a GREAT financial health score.

According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed under a Rule 10b5-1 trading plan adopted on June 12, 2024. Following the transaction, Gokul directly owns 31,750 shares of PINS, which includes restricted stock units subject to vesting requirements.

Additionally, Gokul indirectly owns 3,957 shares through the Rajaram Family Revocable Trust.

In other recent news, Pinterest has seen several developments impacting its financial outlook and corporate governance. KeyBanc has lowered its price target for Pinterest to $40, maintaining an Overweight rating, while anticipating slight upside to the company’s second-quarter revenue and EBITDA. In contrast, TD Cowen raised its price target to $43, citing positive advertising performance and projecting a 14.6% year-over-year revenue growth for the second quarter of 2025. Wells Fargo (NYSE:WFC) also increased its price target to $42, driven by strong user growth and improving margins, with second-quarter revenue expected to grow by 15% year-over-year.

Additionally, Pinterest shareholders recently approved amendments to the company’s bylaws and the election of directors during the annual stockholder meeting. The amendments include enhanced procedural and disclosure requirements for shareholder nominations and updated indemnification procedures. Piper Sandler noted improvements in Pinterest’s Performance+ advertising product, with cost-per-clicks showing significant pricing advantages compared to standard campaigns. These developments indicate a positive trajectory in Pinterest’s advertising capabilities and corporate governance enhancements.

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