Campbell & CO Investment Adviser LLC lifted its position in Peloton Interactive, Inc. (NASDAQ:PTON – Free Report) by 98.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,146 shares of the company’s stock after purchasing an additional 53,130 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Peloton Interactive were worth $744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its holdings in Peloton Interactive by 1,602.6% in the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock valued at $37,000 after buying an additional 5,000 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Peloton Interactive by 40.2% during the 1st quarter. Nisa Investment Advisors LLC now owns 6,503 shares of the company’s stock valued at $41,000 after acquiring an additional 1,864 shares during the period. Abel Hall LLC purchased a new position in shares of Peloton Interactive in the 1st quarter valued at about $64,000. AE Wealth Management LLC acquired a new position in Peloton Interactive in the 1st quarter worth about $65,000. Finally, DRW Securities LLC purchased a new position in Peloton Interactive during the first quarter worth approximately $67,000. 77.01% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
PTON has been the subject of a number of recent analyst reports. Wall Street Zen cut Peloton Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a report on Tuesday, October 14th. Zacks Research downgraded shares of 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 boosted their target price for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $11.50 price target on shares of Peloton Interactive in a research report on Thursday, October 2nd. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $9.95.
Peloton Interactive Trading Up 2.3%
NASDAQ:PTON opened at $7.48 on Friday. The company has a market cap of $3.13 billion, a P/E ratio of -26.71, a P/E/G ratio of 2.26 and a beta of 2.33. Peloton Interactive, Inc. has a twelve month low of $4.63 and a twelve month high of $10.90. The company’s 50-day moving average price is $7.77 and its 200-day moving average price is $7.28.
Peloton Interactive (NASDAQ:PTON – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates 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. Peloton Interactive’s quarterly revenue 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. On average, analysts expect that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.
Insider Activity
In other news, insider Nick V. Caldwell sold 206,901 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were 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 of the company’s stock, valued at approximately $5,739,990.64. The trade was a 21.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jennifer Cunningham Cotter sold 110,235 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $8.05, for a total transaction of $887,391.75. Following the transaction, the insider directly owned 100,269 shares of the company’s stock, valued at $807,165.45. The trade was a 52.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,834,177 shares of company stock worth $14,655,695. 1.30% of the stock is currently owned by corporate insiders.
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.
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