Peloton Interactive (NASDAQ:PTON) CAO Sells 42,267 Shares

Peloton Interactive, Inc. (NASDAQ:PTON) CAO Saqib Baig sold 42,267 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $7.25, for a total value of $306,435.75. Following the transaction, the chief accounting officer directly owned 193,052 shares of the company’s stock, valued at approximately $1,399,627. The trade was a 17.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Saqib Baig also recently made the following trade(s):

• On Wednesday, August 20th, Saqib Baig sold 21,736 shares of Peloton Interactive stock. The stock was sold at an average price of $7.62, for a total transaction of $165,628.32.

Peloton Interactive Trading Down 0.4%

PTON traded down $0.03 during midday trading on Tuesday, hitting $7.11. 8,159,472 shares of the company traded hands, compared to its average volume of 13,768,823. The business has a 50 day simple moving average of $7.75 and a two-hundred day simple moving average of $7.28. 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 $2.97 billion, a price-to-earnings ratio of -25.39, a PEG ratio of 2.31 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $550.80 million for the quarter, compared to analyst estimates of $540.61 million. The business’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. Equities research analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PTON. Needham & Company LLC restated a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research note on Tuesday, October 14th. Zacks Research lowered Peloton Interactive from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. UBS Group raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and upped their price objective for the company from $7.50 to $11.00 in a report on Wednesday, July 30th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $9.00 target price on shares of Peloton Interactive in a research note on Monday, November 3rd. Eight investment 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $9.95.

Institutional Trading of Peloton Interactive

A number of institutional investors and hedge funds have recently bought and sold shares of PTON. Vanguard Group Inc. grew its holdings in shares of Peloton Interactive by 2.1% in the third quarter. Vanguard Group Inc. now owns 38,636,291 shares of the company’s stock valued at $347,727,000 after purchasing an additional 811,585 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Peloton Interactive by 29.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 21,760,678 shares of the company’s stock valued at $137,528,000 after buying an additional 4,940,422 shares during the period. Eminence Capital LP purchased a new stake in shares of Peloton Interactive in the 2nd quarter valued at approximately $112,681,000. Geode Capital Management LLC raised its holdings in shares of Peloton Interactive by 5.7% in the 2nd quarter. Geode Capital Management LLC now owns 9,141,542 shares of the company’s stock valued at $63,450,000 after purchasing an additional 490,353 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Peloton Interactive by 27.1% in the first quarter. Goldman Sachs Group Inc. now owns 7,056,642 shares of the company’s stock valued at $44,598,000 after buying an additional 1,503,680 shares in the last quarter. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

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.