Transaction details
Ducard Malik, Pinterest's Chief Content Officer, disposed of 2,293 shares of Class A Common Stock on February 2, 2026, at a per-share price of $22.06, producing a gross transaction value of $50,583. The paperwork shows the sale was executed under a Rule 10b5-1 trading plan that Pinterest reported as adopted on August 22, 2025. The transaction documentation was signed by Jacquie Katzel, Attorney-in-Fact, on February 3, 2026.
Context in the market
The sale occurred while Pinterest shares were trading near a 52-week low of $20.11, with the stock quoted at $20.77 and down nearly 47% over the previous six months. After completing the sale, Malik directly holds 695,187 shares of Pinterest, Inc., a figure that includes Restricted Stock Units (RSUs) that remain subject to vesting conditions.
Valuation and financial snapshot cited
An InvestingPro analysis cited alongside the transaction notes that Pinterest appears undervalued by its metrics, assigning a financial health score of 3.24 described as "GREAT" and pointing to a price-to-earnings ratio of 7.19. These figures are presented in the same context as the insider sale and recent operational updates.
Upcoming report and quarterly expectations
Investors monitoring insider activity should note that Pinterest is scheduled to report earnings on February 12, 2026. Ahead of that report, the company reported expected fourth-quarter revenue of $1,332 million, a figure that slightly exceeds the consensus estimate of $1,330 million.
Bank of America Securities expects the company's growth to slow by 2 percentage points quarter-over-quarter, leaving year-over-year growth at 15% for the quarter, according to the same reporting.
Restructuring and strategic focus
Pinterest has announced a global restructuring plan that includes workforce reductions impacting fewer than 15% of employees and reductions in office space. Management expects to incur between $35 million and $45 million in pretax restructuring charges tied to the program. The company says the workforce and real estate changes are intended to free up resources to hire for AI-focused roles and to bolster its AI-powered product efforts.
Analyst reactions
Analyst commentary on Pinterest diverges. Bernstein SocGen Group reduced its price target to $32.00 from $40.00 while maintaining an Outperform rating, citing mixed revenue signals. Guggenheim reiterated a Buy rating and kept a $38.00 price target, even as it noted declines in Pinterest's core global Ads Manager audience reach. In contrast, HSBC downgraded Pinterest to Hold and lowered its price target to $24.90, flagging concerns that the company’s AI investments do not yet show clear cost savings or demonstrable revenue acceleration.
Takeaway
The insider sale by the chief content officer represents a modest disposition in dollar terms relative to total holdings and coincides with a period of stock weakness, near-term earnings reporting, and company moves to restructure and refocus around AI capabilities. Market participants have a spectrum of analyst views to weigh as the company reports results and implements its restructuring plan.