Pinterest stock is trading -16.41% below its average target price of $43.15 after marking a 3.1% during today's morning 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.
Pinterest's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.1%. The stock's short ratio is 1.81. The company's insiders own 0.84% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 92.1%. In conclusion, we believe there is mixed market sentiment regarding Pinterest.
Institutions Invested in Pinterest
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 9% | 56,348,952 | $2,032,506,681 |
| 2023-12-31 | Blackrock Inc. | 6% | 36,052,190 | $1,300,402,482 |
| 2023-12-31 | Elliott Investment Management L.p. | 5% | 28,000,000 | $1,009,959,991 |
| 2023-12-31 | Price (T.Rowe) Associates Inc | 4% | 23,710,984 | $855,255,185 |
| 2023-12-31 | Macquarie Group Limited | 3% | 20,415,782 | $736,397,250 |
| 2023-12-31 | Barclays Plc | 3% | 15,181,412 | $547,593,526 |
| 2023-12-31 | State Street Corporation | 2% | 12,254,197 | $442,008,882 |
| 2023-12-31 | Ameriprise Financial, Inc. | 2% | 11,867,342 | $428,055,022 |
| 2023-12-31 | Two Sigma Advisers, LP | 2% | 10,871,000 | $392,116,966 |
| 2023-12-31 | Franklin Resources, Inc. | 2% | 10,036,837 | $362,028,707 |
