Pinterest Inc’s recently made public that its Chief Legal & Bus Affairs Ofc. Walcott Wanjiku Juanita unloaded Company’s shares for reported $0.22 million on Mar 10 ’25. In the deal valued at $32.85 per share,6,690 shares were sold. As a result of this transaction, Walcott Wanjiku Juanita now holds 254,211 shares worth roughly $7.96 million.
Then, Walcott Wanjiku Juanita bought 6,990 shares, generating $219,759 in total proceeds.
Before that, Levine Jeremy S. sold 50,535 shares. Pinterest Inc shares valued at $1,717,351 were divested by the Director at a price of $33.98 per share. As a result of the transaction, Levine Jeremy S. now holds 1,156,693 shares, worth roughly $36.2 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 -2.40% to $31.30. Over the last five days, the stock has lost -0.29%. Pinterest Inc shares have risen nearly 7.93% since the year began. Nevertheless, the stocks have fallen -8.13% 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 $34.21, while 200 days put it at $34.18.
Levels Of Support And Resistance For PINS Stock
The 24-hour chart illustrates a support level at 30.80, which if violated will result in even more drops to 30.30. On the upside, there is a resistance level at 31.74. A further resistance level may holdings at 32.18. The Relative Strength Index (RSI) on the 14-day chart is 38.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.62%. Stochastics %K at 13.63% indicates the stock is a buying.
How much short interest is there in Pinterest Inc?
A steep rise in short interest was recorded in Pinterest Inc stocks on 2025-02-28, dropping by -0.93 million shares to a total of 23.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 24.77 million shares. There was a decline of -3.91%, which implies that there is a negative sentiment for the stock.
