Saqib Baig Sells 2,387 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTON) CAO Saqib Baig sold 2,387 shares of Peloton Interactive stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $6.97, for a total transaction of $16,637.39. Following the transaction, the chief accounting officer directly owned 190,665 shares in the company, valued at $1,328,935.05. This trade represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, November 17th, Saqib Baig sold 42,267 shares of Peloton Interactive stock. The shares were sold at an average price of $7.25, for a total transaction of $306,435.75.

Peloton Interactive Stock Performance

Shares of NASDAQ PTON traded up $0.06 during midday trading on Friday, reaching $6.45. 13,689,476 shares of the stock were exchanged, compared to its average volume of 13,740,709. The stock has a market capitalization of $2.69 billion, a P/E ratio of -23.03, a PEG ratio of 2.13 and a beta of 2.33. The company has a 50 day simple moving average of $7.69 and a 200 day simple moving average of $7.28. Peloton Interactive, Inc. has a twelve month low of $4.63 and a twelve month high of $10.90.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings data 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 analysts’ expectations of $540.61 million. The company’s revenue for the quarter 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, research analysts expect that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Institutional Trading of Peloton Interactive

Institutional investors and hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. boosted its stake in shares of 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 purchasing an additional 5,000 shares during the period. Advisory Services Network LLC acquired a new stake in Peloton Interactive during the 3rd quarter worth approximately $48,000. MAI Capital Management lifted its holdings in Peloton Interactive by 64.6% during the 2nd quarter. MAI Capital Management now owns 5,498 shares of the company’s stock worth $38,000 after buying an additional 2,158 shares in the last quarter. Quarry LP purchased a new position in Peloton Interactive in the 3rd quarter valued at approximately $71,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Peloton Interactive by 158.3% in the third quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock worth $72,000 after acquiring an additional 4,894 shares in the last quarter. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on PTON shares. Truist Financial raised their price objective on Peloton Interactive from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Citigroup lowered their target price on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating for the company in a research note on Thursday. Wall Street Zen downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. UBS Group raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $7.50 to $11.00 in a research report on Wednesday, July 30th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $9.00 target price on shares of Peloton Interactive in a report on Monday, November 3rd. Eight investment 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.86.

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.