Rep. Julia Letlow Sells Off Shares of Pinterest, Inc. (NYSE:PINS)

Representative Julia Letlow (R-Louisiana) recently sold shares of Pinterest, Inc. (NYSE:PINS). In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Pinterest stock on December 16th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Warner Bros. Discovery (NASDAQ:WBD) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 12/8/2025.

Pinterest Stock Down 1.0%

NYSE PINS opened at $26.81 on Friday. Pinterest, Inc. has a 52 week low of $23.68 and a 52 week high of $40.90. The company has a market capitalization of $18.11 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 1.23 and a beta of 0.91. The stock’s 50-day moving average price is $26.40 and its 200-day moving average price is $32.08.

Pinterest (NYSE:PINS) last released its earnings results on Tuesday, November 4th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Pinterest had a return on equity of 8.20% and a net margin of 48.99%.The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the previous year, the business posted $0.40 EPS. Pinterest’s revenue was up 16.8% on a year-over-year basis. Research analysts anticipate that Pinterest, Inc. will post 0.6 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group dropped their price objective on Pinterest from $36.00 to $32.00 and set a “buy” rating for the company in a research note on Tuesday. Piper Sandler reissued a “neutral” rating and set a $33.00 price objective (down from $35.00) on shares of Pinterest in a research note on Wednesday, November 5th. Cantor Fitzgerald lowered their target price on shares of Pinterest from $40.00 to $34.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Guggenheim cut their price objective on Pinterest from $44.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Finally, Rosenblatt Securities restated a “neutral” rating and issued a $30.00 price target (down from $49.00) on shares of Pinterest in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $38.93.

Insider Buying and Selling at Pinterest

In other Pinterest news, insider Malik Ducard sold 6,000 shares of Pinterest stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $25.86, for a total transaction of $155,160.00. Following the completion of the sale, the insider directly owned 699,773 shares in the company, valued at $18,096,129.78. This trade represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Wanjiku Juanita Walcott sold 74,047 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $26.89, for a total value of $1,991,123.83. Following the completion of the sale, the insider owned 301,214 shares in the company, valued at $8,099,644.46. This represents a 19.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 105,161 shares of company stock valued at $2,796,466 over the last 90 days. 7.06% of the stock is owned by insiders.

Institutional Trading of Pinterest

Institutional investors have recently made changes to their positions in the business. Golden State Wealth Management LLC grew its position in Pinterest by 282.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 685 shares of the company’s stock worth $25,000 after purchasing an additional 506 shares during the last quarter. N.E.W. Advisory Services LLC increased its stake in shares of Pinterest by 505.7% during the third quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock worth $27,000 after purchasing an additional 713 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in Pinterest by 3,839.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 883 shares during the last quarter. West Branch Capital LLC acquired a new stake in Pinterest in the 2nd quarter valued at about $36,000. Finally, Wellington Shields Capital Management LLC purchased a new position in shares of Pinterest during the 2nd quarter worth $40,000. Institutional investors and hedge funds own 88.81% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

About Pinterest

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.