Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Pinterest (NASDAQ:PINS) director Benjamin Silbermann sold 102,083 shares of Class A Common Stock on June 25, 2025, for approximately $3.67 million. The sales were executed at weighted average prices ranging from $35.7400 to $36.2050 per share, near the stock’s current trading level of $35.13. The transaction represents a small portion of the company’s $23.76 billion market capitalization. According to InvestingPro analysis, Pinterest maintains robust financial health with a current ratio of 8.41, indicating strong liquidity.
The transactions were executed under a 10b5-1 trading plan adopted on December 13, 2024. The sales involved 83,333 shares sold by the Benjamin and Divya Silbermann Family Trust and 18,750 shares sold by SFTC, LLC. While this insider sale might raise questions, InvestingPro data shows management has been actively buying back shares, potentially signaling confidence in the company’s outlook. Get deeper insights into insider trading patterns and 10+ additional ProTips with an InvestingPro subscription.
On the same day, shares of Class B Common Stock were converted into Class A Common Stock in connection with the sale of shares pursuant to a Rule 10b5-1 trading plan. 83,333 shares held by the Benjamin and Divya Silbermann Family Trust and 18,750 shares held by SFTC, LLC were converted. The stock currently trades at relatively high valuation multiples, with Pinterest’s shares sitting between their 52-week range of $23.68 to $44.79.
In other recent news, Pinterest Inc (NYSE:PINS). reported first-quarter earnings that exceeded Wall Street expectations, with revenue and EBITDA figures surpassing estimates by 1% and 4%, respectively. Following this strong performance, Pinterest provided revenue growth guidance for the second quarter of 2025, projecting an increase of 12-15%, slightly higher than previous consensus estimates. Benchmark analyst Mark Zgutowicz reaffirmed a Buy rating on Pinterest, emphasizing the company’s improved return on ad spend and potential market share gains. Meanwhile, Cantor Fitzgerald raised its price target for Pinterest shares from $35.00 to $39.00, maintaining an Overweight rating due to the company’s robust advertising demand and strategic initiatives.
Piper Sandler, however, maintained a Neutral rating with a $34 price target, citing challenges in identifying significant growth drivers despite commendable guidance. The firm noted Pinterest’s resilience but expressed concerns about meeting expectations set during the 2023 Analyst Day. In addition to financial performance, Pinterest’s shareholders approved several proposals at the annual meeting, including director elections and amendments to the company’s bylaws and Certificate of Incorporation. These changes include enhanced procedural requirements for shareholder nominations and updated indemnification procedures.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.