Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pinterest Inc shares valued at $45,068 were sold by Rajaram Gokul on Feb 19 ’25. At $39.19 per share, Rajaram Gokul sold 1,150 shares. The insider’s holdings dropped to 29,086 shares worth approximately $1.13 million following the completion of this transaction.
Also, Rajaram Gokul purchased 1,150 shares, netting a total of over 45,069 in proceeds.
Before that, SCIARRA MANAGEMENT TRUST had added 220,788 shares to its account. In a trade valued at $8,763,297, the Affiliate bought Pinterest Inc shares for $39.69 each.
As published in a research note from The Benchmark Company on February 07, 2025, Pinterest Inc [PINS] has been rated up from a Hold to a Buy and the price target has been revised to $55. Analysts at Bernstein upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early February. As of January 13, 2025, Jefferies has decreased its “Buy” rating to a “Hold” for PINS. Earlier on January 10, 2025, Monness Crespi & Hardt upgraded its rating. Their new recommendation was “a Buy” for PINS stock which previously was a “a Neutral”.
Analyzing PINS Stock Performance
During the last five days, there has been a drop of approximately -2.22%. Over the course of the year, Pinterest Inc shares have jumped approximately 33.41%. Shares of the company reached a 52-week high of $40.90 on 02/07/25 and a 52-week low of $29.00 on 01/13/25. A 50-day SMA is recorded $32.62, while a 200-day SMA reached $34.85. Nevertheless, trading volume fell to 6.3 million shares from 10.98 million shares the previous day.
Support And Resistance Levels for Pinterest Inc (PINS)
According to the 24-hour chart, there is a support level at 38.44, which, if violated, would cause prices to drop to 38.18. In the upper region, resistance lies at 39.08. The next price resistance is at 39.46. RSI (Relative Strength Index) is 70.18 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.28, which suggests the price will increase in the coming days. Percent R is at 25.73%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
