Nick Caldwell Sells 68,262 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Nick Caldwell sold 68,262 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $7.25, for a total transaction of $494,899.50. Following the transaction, the insider owned 788,858 shares in the company, valued at $5,719,220.50. This represents a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Peloton Interactive Stock Performance

Shares of NASDAQ:PTON opened at $6.88 on Thursday. Peloton Interactive, Inc. has a 52-week low of $4.63 and a 52-week high of $10.90. The company has a market capitalization of $2.87 billion, a P/E ratio of -24.57, a price-to-earnings-growth ratio of 2.20 and a beta of 2.33. The company has a 50-day simple moving average of $7.71 and a 200 day simple moving average of $7.28.

Peloton Interactive (NASDAQ:PTON) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $540.61 million. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts forecast that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Analyst Ratings Changes

PTON has been the subject of several research reports. Truist Financial raised their price target on Peloton Interactive from $11.00 to $12.00 and gave the company a “buy” rating in a report on Friday, November 7th. UBS Group upgraded shares of Peloton Interactive from a “neutral” rating to a “buy” rating and raised their target price for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Morgan Stanley upped their price target on shares of Peloton Interactive from $6.00 to $6.50 and gave the company an “equal weight” rating in a research note on Wednesday. The Goldman Sachs Group reissued a “buy” rating and issued a $11.50 price target on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.01.

Hedge Funds Weigh In On Peloton Interactive

Institutional investors and hedge funds have recently modified their holdings of the business. Oder Investment Management LLC acquired a new stake in Peloton Interactive in the first quarter valued at about $336,000. D.A. Davidson & CO. acquired a new position in Peloton Interactive during the second quarter worth about $338,000. Resolute Capital Asset Partners LLC bought a new position in shares of Peloton Interactive in the first quarter worth about $790,000. Panagora Asset Management Inc. lifted its holdings in shares of Peloton Interactive by 214.5% in the first quarter. Panagora Asset Management Inc. now owns 745,041 shares of the company’s stock worth $4,709,000 after acquiring an additional 508,160 shares during the last quarter. Finally, Jump Financial LLC boosted its stake in shares of Peloton Interactive by 236.5% in the 1st quarter. Jump Financial LLC now owns 2,394,660 shares of the company’s stock valued at $15,134,000 after purchasing an additional 1,683,053 shares in the last quarter. 77.01% of the stock is currently owned by institutional investors and hedge funds.

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.