Peloton Interactive (NASDAQ:PTON) Insider Sells $1,071,679.04 in Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Jennifer Cunningham Cotter sold 148,432 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $7.22, for a total value of $1,071,679.04. Following the sale, the insider owned 231,764 shares of the company’s stock, valued at approximately $1,673,336.08. This trade represents a 39.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• 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 value of $1,000,461.91.
• On Wednesday, August 20th, Jennifer Cunningham Cotter sold 134,476 shares of Peloton Interactive stock. The stock was sold at an average price of $7.61, for a total transaction of $1,023,362.36.

Peloton Interactive Price Performance

Shares of PTON traded down $0.03 on Tuesday, reaching $7.11. The company’s stock had a trading volume of 8,159,472 shares, compared to its average volume of 13,768,823. The stock’s 50 day simple moving average is $7.75 and its two-hundred day simple moving average is $7.28. The stock has a market capitalization of $2.97 billion, a P/E ratio of -25.39, a PEG ratio of 2.31 and a beta of 2.33. Peloton Interactive, Inc. has a 12-month low of $4.63 and a 12-month high of $10.90.

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 business had revenue of $550.80 million during the quarter, compared to the consensus estimate of $540.61 million. The company’s 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. Analysts expect that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Hedge Funds Weigh In On Peloton Interactive

Several hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp increased its holdings in Peloton Interactive by 1.8% in the 1st quarter. Bank of New York Mellon Corp now owns 988,547 shares of the company’s stock valued at $6,248,000 after acquiring an additional 17,584 shares during the last quarter. Cerity Partners LLC grew its position in shares of Peloton Interactive by 75.9% during the first quarter. Cerity Partners LLC now owns 127,610 shares of the company’s stock valued at $806,000 after purchasing an additional 55,073 shares in the last quarter. CWM LLC grew its position in shares of Peloton Interactive by 62.4% during the first quarter. CWM LLC now owns 57,335 shares of the company’s stock valued at $362,000 after purchasing an additional 22,037 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Peloton Interactive by 11.3% in the first quarter. Wealthfront Advisers LLC now owns 18,463 shares of the company’s stock worth $117,000 after purchasing an additional 1,877 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Peloton Interactive by 4.4% in the first quarter. Victory Capital Management Inc. now owns 43,944 shares of the company’s stock worth $278,000 after buying an additional 1,860 shares in the last quarter. Hedge funds and other institutional investors own 77.01% of the company’s stock.

Analysts Set New Price Targets

PTON has been the topic of several analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 target price on shares of Peloton Interactive in a research report on Thursday, October 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. 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. The Goldman Sachs Group restated a “buy” rating and set a $11.50 target price on shares of Peloton Interactive in a research note on Thursday, October 2nd. Finally, UBS Group raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and lifted their price target for the company from $7.50 to $11.00 in a report on Wednesday, July 30th. 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 stock. According to MarketBeat, Peloton Interactive currently has a consensus rating of “Hold” and a consensus price target of $9.95.

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.