Pinterest Inc’s filing revealed that its Chief Accounting Officer Acosta Andrea unloaded Company’s shares for reported $0.14 million on Feb 24 ’25. In the deal valued at $37.46 per share,3,667 shares were sold. As a result of this transaction, Acosta Andrea now holds 144,129 shares worth roughly $5.07 million.
Then, Acosta Andrea bought 3,667 shares, generating $137,369 in total proceeds.
Before that, Rajaram Gokul sold 1,150 shares. Pinterest Inc shares valued at $45,068 were divested by the Director at a price of $39.19 per share. As a result of the transaction, Rajaram Gokul now holds 29,086 shares, worth roughly $1.02 million.
The Benchmark Company upgraded its Pinterest Inc [PINS] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in early February from “a Mkt perform” to “an Outperform”. Jefferies also remained covering PINS and has decreased its forecast on January 13, 2025 with a “Hold” recommendation from previously “Buy” rating. Monness Crespi & Hardt revised its rating on January 10, 2025. It rated PINS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PINS
On Tuesday, Pinterest Inc [NYSE:PINS] saw its stock fall -1.04% to $35.20. Over the last five days, the stock has lost -3.85%. Pinterest Inc shares have risen nearly 21.38% since the year began. Nevertheless, the stocks have fallen -4.09% over the past one year. While a 52-week high of $45.19 was reached on 02/07/25, a 52-week low of $27.00 was recorded on 01/13/25. SMA at 50 days reached $33.58, while 200 days put it at $34.64.
Levels Of Support And Resistance For PINS Stock
The 24-hour chart illustrates a support level at 34.02, which if violated will result in even more drops to 32.84. On the upside, there is a resistance level at 36.13. A further resistance level may holdings at 37.06. The Relative Strength Index (RSI) on the 14-day chart is 45.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.46%. Stochastics %K at 18.76% indicates the stock is a buying.
