Insider Selling: Peloton Interactive (NASDAQ:PTON) Insider Sells $895,619.34 in Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Dion Sanders sold 124,047 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.22, for a total value of $895,619.34. Following the sale, the insider directly owned 111,036 shares in the company, valued at approximately $801,679.92. This represents a 52.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Peloton Interactive Stock Down 7.1%

NASDAQ PTON opened at $6.39 on Friday. Peloton Interactive, Inc. has a twelve month low of $4.63 and a twelve month high of $10.90. The business has a 50-day moving average price of $7.69 and a 200-day moving average price of $7.28. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of -22.82, a price-to-earnings-growth ratio of 2.13 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last issued its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $550.80 million for the quarter, compared to the consensus estimate of $540.61 million. Peloton Interactive’s revenue was down 6.0% on a year-over-year basis. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts expect that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Institutional Trading of Peloton Interactive

Several hedge funds have recently made changes to their positions in PTON. Advisory Services Network LLC bought a new position in shares of Peloton Interactive in the 3rd quarter valued at about $48,000. Woodline Partners LP purchased a new stake in Peloton Interactive during the third quarter valued at approximately $11,417,000. PharVision Advisers LLC bought a new stake in shares of Peloton Interactive in the 3rd quarter valued at approximately $443,000. XTX Topco Ltd boosted its holdings in shares of Peloton Interactive by 34.0% in the 3rd quarter. XTX Topco Ltd now owns 191,160 shares of the company’s stock worth $1,720,000 after purchasing an additional 48,552 shares during the period. Finally, Alyeska Investment Group L.P. increased its position in shares of Peloton Interactive by 27.0% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,345,358 shares of the company’s stock valued at $12,108,000 after purchasing an additional 286,095 shares during the last quarter. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PTON. Truist Financial boosted their target price on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Macquarie boosted their price target on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. UBS Group raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and increased their price objective for the company from $7.50 to $11.00 in a report on Wednesday, July 30th. Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $9.00 target price on shares of Peloton Interactive in a research report on Monday, November 3rd. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.86.

Peloton Interactive Company Profile

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.