Pinterest stock is trading -8.25% below its average target price of $40.22 after dropping -9.4% during today's afternoon session. Analysts are giving the large-cap Software company an average rating of buy and target prices ranging from $25.0 to $50.0 per share.
Pinterest has an average level of shares sold short, at 7.0% of its total share float. The stock's short ratio (also called days to cover) is 5.47. The company's insiders own 0.98% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 90.0% of Pinterest's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Pinterest
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-09-30 | Vanguard Group Inc | 9% | 54,909,357 | $2,026,155,357 |
2023-09-30 | Blackrock Inc. | 6% | 34,413,329 | $1,269,851,892 |
2023-09-30 | Price (T.Rowe) Associates Inc | 5% | 28,855,461 | $1,064,766,554 |
2023-09-30 | Elliott Investment Management L.p. | 5% | 28,000,000 | $1,033,200,042 |
2023-09-30 | Macquarie Group Limited | 4% | 21,246,643 | $784,001,159 |
2023-09-30 | Barclays Plc | 3% | 15,565,141 | $574,353,726 |
2023-09-30 | State Street Corporation | 2% | 11,935,257 | $440,411,001 |
2023-09-30 | Ameriprise Financial, Inc. | 2% | 11,122,436 | $410,417,905 |
2023-12-31 | Baillie Gifford and Company | 2% | 9,305,759 | $343,382,521 |
2023-09-30 | Marshall Wace LLP | 2% | 8,944,129 | $330,038,373 |