Gokul Rajaram, a director at Pinterest, Inc., sold 1,050 shares of the company's Class A Common Stock on August 19, 2026, at a price of $23.03 per share, totaling $24,181. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Rajaram on November 25, 2025. Following the transaction, Mr. Rajaram directly holds 37,246 shares of Class A Common Stock.
Recent Performance
Pinterest shares have gained 32% over the past six months, though the stock remains undervalued according to InvestingPro analysis. The company reported an 18% increase in second-quarter revenue compared to the previous year, driven by one-time events such as the World Cup and a Prime Day shift.
Analyst Reactions
Analyst firms have responded positively to Pinterest's quarterly results, with DA Davidson raising its price target to $27, while Susquehanna and Mizuho both set their targets at $32. Pinterest has also adjusted its 2026 EBITDA margin guidance upward by 1 percentage point, reflecting its financial health and strategic initiatives.
