Pinterest stock is trading -20.07% below its average target price of $43.15 after dropping -3.4% during today's afternoon session. Analysts are giving the Large-Cap Software company an average rating of buy and target prices ranging from $30.0 to $50.0 per share.
The stock has an average amount of shares sold short at 4.9%, and a short ratio of 2.11. The company's insiders own 0.86% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 92.1% of Pinterest's shares being owned by this investor type.
Institutions Invested in Pinterest
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-12-31 | Vanguard Group Inc | 9% | 56,348,952 | $1,943,475,449 |
2023-12-31 | Blackrock Inc. | 6% | 36,052,190 | $1,243,440,093 |
2023-12-31 | Elliott Investment Management L.p. | 5% | 28,000,000 | $965,720,046 |
2023-12-31 | Price (T.Rowe) Associates Inc | 4% | 23,710,984 | $817,791,877 |
2023-12-31 | Macquarie Group Limited | 3% | 20,415,782 | $704,140,355 |
2023-12-31 | Barclays Plc | 3% | 15,181,412 | $523,606,925 |
2023-12-31 | State Street Corporation | 2% | 12,254,197 | $422,647,275 |
2023-12-31 | Ameriprise Financial, Inc. | 2% | 11,867,342 | $409,304,645 |
2023-12-31 | Two Sigma Advisers, LP | 2% | 10,871,000 | $374,940,808 |
2023-12-31 | Franklin Resources, Inc. | 2% | 10,036,837 | $346,170,524 |