Quinn Opportunity Partners LLC Has $56.98 Million Stock Position in Peloton Interactive, Inc. $PTON

Quinn Opportunity Partners LLC lowered its holdings in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,210,455 shares of the company’s stock after selling 470,749 shares during the period. Peloton Interactive makes up 4.8% of Quinn Opportunity Partners LLC’s investment portfolio, making the stock its 2nd largest holding. Quinn Opportunity Partners LLC’s holdings in Peloton Interactive were worth $56,981,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Jupiter Asset Management Ltd. increased its position in shares of Peloton Interactive by 739.2% during the second quarter. Jupiter Asset Management Ltd. now owns 369,652 shares of the company’s stock valued at $2,565,000 after acquiring an additional 325,604 shares in the last quarter. Vise Technologies Inc. bought a new position in Peloton Interactive in the second quarter worth approximately $99,000. ProShare Advisors LLC boosted its stake in shares of Peloton Interactive by 5.9% during the 2nd quarter. ProShare Advisors LLC now owns 84,630 shares of the company’s stock worth $587,000 after acquiring an additional 4,684 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in shares of Peloton Interactive by 98.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 107,146 shares of the company’s stock worth $744,000 after purchasing an additional 53,130 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Peloton Interactive by 10.6% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,446,827 shares of the company’s stock worth $44,741,000 after purchasing an additional 615,647 shares in the last quarter. Institutional investors own 77.01% of the company’s stock.

Wall Street Analysts Forecast Growth

PTON has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Telsey Advisory Group reiterated a “market perform” rating and set a $9.00 price objective on shares of Peloton Interactive in a research note on Monday, November 3rd. Canaccord Genuity Group reissued a “buy” rating and issued a $10.00 target price on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Truist Financial lifted their price target on shares of Peloton Interactive from $11.00 to $12.00 and gave the company a “buy” rating in a report on Friday, November 7th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.95.

Insider Buying and Selling

In related news, insider Nick V. Caldwell sold 206,901 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $7.78, for a total value of $1,609,689.78. Following the sale, the insider directly owned 737,788 shares in the company, valued at approximately $5,739,990.64. The trade was a 21.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth F. Coddington sold 238,664 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.85, for a total value of $1,873,512.40. Following the transaction, the chief financial officer directly owned 346,535 shares of the company’s stock, valued at approximately $2,720,299.75. The trade was a 40.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,834,177 shares of company stock worth $14,655,695 in the last 90 days. 1.30% of the stock is owned by company insiders.

Peloton Interactive Trading Up 0.4%

NASDAQ:PTON opened at $7.47 on Wednesday. Peloton Interactive, Inc. has a 12-month low of $4.63 and a 12-month high of $10.90. The stock has a 50-day moving average price of $7.80 and a 200 day moving average price of $7.27. The stock has a market capitalization of $3.05 billion, a P/E ratio of -26.68, a P/E/G ratio of 2.71 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $550.80 million during the quarter, compared to analysts’ expectations 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. On average, research analysts predict that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

Peloton Interactive 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.