Peloton Interactive (NASDAQ:PTON) Insider Sells $873,126.80 in Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Jennifer Cunningham Cotter sold 131,495 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $6.64, for a total value of $873,126.80. Following the transaction, the insider owned 100,269 shares in the company, valued at $665,786.16. This trade represents a 56.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Jennifer Cunningham Cotter also recently made the following trade(s):

• On Monday, November 17th, Jennifer Cunningham Cotter sold 148,432 shares of Peloton Interactive stock. The stock was sold at an average price of $7.22, for a total value of $1,071,679.04.
• On Thursday, September 18th, Jennifer Cunningham Cotter sold 110,235 shares of Peloton Interactive stock. The stock was sold at an average price of $8.05, for a total value of $887,391.75.
• On Tuesday, September 16th, Jennifer Cunningham Cotter sold 128,429 shares of Peloton Interactive stock. The shares were sold at an average price of $7.79, for a total transaction of $1,000,461.91.

Peloton Interactive Trading Up 0.9%

Shares of PTON traded up $0.06 during mid-day trading on Friday, reaching $6.45. The company’s stock had a trading volume of 13,689,367 shares, compared to its average volume of 13,740,709. The stock has a market cap of $2.69 billion, a PE ratio of -23.03, a P/E/G ratio of 2.13 and a beta of 2.33. Peloton Interactive, Inc. has a 52 week low of $4.63 and a 52 week high of $10.90. The company’s fifty day moving average price is $7.69 and its two-hundred day moving average price is $7.28.

Peloton Interactive (NASDAQ:PTON) last released its earnings results on Thursday, November 6th. The company reported $0.03 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. The firm’s quarterly 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 anticipate that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

Hedge Funds Weigh In On Peloton Interactive

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Peloton Interactive by 2.1% in the third quarter. Vanguard Group Inc. now owns 38,636,291 shares of the company’s stock worth $347,727,000 after acquiring an additional 811,585 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in 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 worth $137,528,000 after purchasing an additional 4,940,422 shares in the last quarter. Eminence Capital LP purchased a new stake in shares of Peloton Interactive in the 2nd quarter worth about $112,681,000. Geode Capital Management LLC boosted its stake in shares of Peloton Interactive by 5.7% during 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. increased its position in shares of Peloton Interactive by 27.1% during 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 during the period. 77.01% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on PTON shares. UBS Group upgraded Peloton Interactive from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $7.50 to $11.00 in a report on Wednesday, July 30th. Needham & Company LLC restated a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. The Goldman Sachs Group reiterated a “buy” rating and issued a $11.50 price objective on shares of Peloton Interactive in a research report on Thursday, October 2nd. Telsey Advisory Group restated a “market perform” rating and issued a $9.00 target price on shares of Peloton Interactive in a report on Monday, November 3rd. Finally, Citigroup decreased their target price on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating on the stock in a research note on Thursday. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Peloton Interactive currently has a consensus rating of “Hold” and an average target price of $9.86.

About Peloton Interactive

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.