On November 27, 2024, Andrea Acosta, Chief Accounting Officer of Pinterest Inc (PINS, Financial), sold 3,845 shares of the company. Following this transaction, the insider now owns 158,468 shares of Pinterest Inc. The details of this transaction can be found in the SEC Filing.
Pinterest Inc is a visual discovery engine that enables users to find inspiration for their lives, including recipes, home and style ideas, travel destinations, and more. The platform allows users to save and organize images and videos into collections known as "boards."
Over the past year, Andrea Acosta has sold a total of 14,099 shares and has not purchased any shares. The insider transaction history for Pinterest Inc shows that there have been no insider buys in total over the past year, while there have been 35 insider sells during the same period.
On the day of the recent sale, shares of Pinterest Inc were trading at $30.88, giving the stock a market cap of $20.491 billion. The company's price-earnings ratio is 97.81, which is higher than the industry median of 19.49 but lower than the company’s historical median price-earnings ratio.
With a price of $30.88 and a GuruFocus Value of $33.34, Pinterest Inc has a price-to-GF-Value ratio of 0.93, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
