In a filing, Pinterest Inc revealed its Chief Accounting Officer Acosta Andrea unloaded Company’s shares for reported $0.12 million on Nov 27 ’24. In the deal valued at $30.88 per share,3,845 shares were sold. As a result of this transaction, Acosta Andrea now holds 158,468 shares worth roughly $4.8 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Walcott Wanjiku Juanita sold 11,862 shares, generating $365,587 in total proceeds. Upon selling the shares at $30.82, the Chief Legal & Bus Affairs Ofc. now owns 246,921 shares.
Before that, Acosta Andrea bought 3,845 shares. Pinterest Inc shares valued at $118,734 were divested by the Officer at a price of $30.88 per share.
TD Cowen initiated its Pinterest Inc [PINS] rating to a Buy in a research note published on November 26, 2024; the price target was $38. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “an Outperform”. Oppenheimer began covering PINS with “an Outperform” recommendation on September 24, 2024. Deutsche Bank started covering the stock on September 23, 2024. It rated PINS as “a Buy”.
Price Performance Review of PINS
On Friday, Pinterest Inc [NYSE:PINS] saw its stock unchanged to $30.32. Over the last five days, the stock has gained 3.45%. Pinterest Inc shares have fallen nearly -18.14% since the year began. Nevertheless, the stocks have fallen -8.89% over the past one year. While a 52-week high of $45.19 was reached on 06/25/24, a 52-week low of $27.00 was recorded on 08/05/24. SMA at 50 days reached $31.81, while 200 days put it at $35.41.
Levels Of Support And Resistance For PINS Stock
The 24-hour chart illustrates a support level at 30.15, which if violated will result in even more drops to 29.98. On the upside, there is a resistance level at 30.62. A further resistance level may holdings at 30.92. The Relative Strength Index (RSI) on the 14-day chart is 47.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.41%. Stochastics %K at 71.23% indicates the stock is a holding.
How much short interest is there in Pinterest Inc?
A steep rise in short interest was recorded in Pinterest Inc stocks on 2024-11-15, dropping by -5.24 million shares to a total of 17.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 23.23 million shares. There was a decline of -29.11%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 05, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $41 price target.
