Here's the bad news for Pinterest in a nutshell: this is pretty much one of the worst environments around for any industry that depends on advertising. Bad Environment, but Good Potential for PINS Stock While the raw numbers provided suggest a clear buying interest, there are quite a few Pinterest insiders who are jumping ship and cashing out. Meanwhile, in the last 12 months, the ratio of purchases to sales is 15 buys to 42 sales. In the last three recorded months, there were just two purchases from insiders.
There has certainly been buying throughout the last 12 months on Pinterest, but it's drowned out by rather emphatic selling. The aggregate tells a somewhat less emphatic story, however. This effort was spearheaded by the company's own CEO and director William Ready, who bought $4.998 million himself. Informative buys are heavily leading informative sales, as insiders bought $5 million in shares in the past three months. Insider trading at Pinterest suggests a pretty clear agreement with that notion, at least by some measures. Maxing out the scale in such a fashion suggests that Pinterest is as likely as it gets to do better than the broader market. That's the highest level of “outperform”. Currently, Pinterest has a Perfect 10 Smart Score on TipRanks.
While social media may have a limited value proposition in times like these, you wouldn't know it by looking at the investor sentiment metrics. Investor Sentiment is Fairly Upbeat for PINS Stock
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