Peloton Interactive, Inc. $PTON Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 1.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 39,227,591 shares of the company’s stock after acquiring an additional 591,300 shares during the period. Vanguard Group Inc. owned approximately 0.09% of Peloton Interactive worth $241,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC acquired a new position in Peloton Interactive in the 3rd quarter valued at about $48,000. Quarry LP acquired a new position in Peloton Interactive in the 3rd quarter valued at about $71,000. Farther Finance Advisors LLC raised its stake in Peloton Interactive by 158.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock valued at $72,000 after purchasing an additional 4,894 shares during the last quarter. Rakuten Securities Inc. raised its stake in Peloton Interactive by 163.9% in the 4th quarter. Rakuten Securities Inc. now owns 11,951 shares of the company’s stock valued at $74,000 after purchasing an additional 7,422 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new position in Peloton Interactive in the 2nd quarter valued at about $74,000. Institutional investors and hedge funds own 77.01% of the company’s stock.

Peloton Interactive Price Performance

PTON opened at $5.69 on Friday. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 142.29, a price-to-earnings-growth ratio of 0.93 and a beta of 2.50. The business has a 50-day moving average of $4.47 and a two-hundred day moving average of $5.64. Peloton Interactive, Inc. has a 12 month low of $3.65 and a 12 month high of $9.20.

Peloton Interactive (NASDAQ:PTON) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The business had revenue of $656.50 million during the quarter, compared to analysts’ expectations of $675.04 million. Peloton Interactive had a net margin of 0.94% and a negative return on equity of 6.37%. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.24) EPS. Equities research analysts anticipate that Peloton Interactive, Inc. will post 0.14 earnings per share for the current year.

Insider Buying and Selling

In other Peloton Interactive news, COO Charles Peter Kirol sold 19,806 shares of Peloton Interactive stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $5.02, for a total value of $99,426.12. Following the completion of the sale, the chief operating officer owned 125,112 shares in the company, valued at $628,062.24. The trade was a 13.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Dion C. Sanders sold 146,844 shares of Peloton Interactive stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $4.41, for a total value of $647,582.04. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 949,584 shares of company stock worth $4,048,638 over the last ninety days. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on PTON shares. Argus downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Truist Financial cut their target price on shares of Peloton Interactive from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Citigroup cut their target price on shares of Peloton Interactive from $8.25 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. JPMorgan Chase & Co. cut their target price on shares of Peloton Interactive from $9.00 to $6.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Bank of America set a $9.00 target price on shares of Peloton Interactive in a research note on Friday, January 30th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $8.25.

Key Peloton Interactive News

Here are the key news stories impacting Peloton Interactive this week:

• Positive Sentiment: Peloton reported revenue of $630.9 million, ahead of expectations, and swung to a $26 million profit, reinforcing the view that the company’s turnaround is gaining traction. Peloton swings to $26 mln profit in Q3, shares jump 7% in premarket trade
• Positive Sentiment: Management raised full-year guidance, including higher sales and EBITDA expectations, which suggests improving operating momentum and better profitability ahead. Peloton Raises 2026 Outlook As Ebitda Guidance Jumps 18%
• Positive Sentiment: Goldman Sachs raised its price target on Peloton to $8 from $7 and reiterated a buy rating, signaling increased confidence in the turnaround story and further upside potential. Peloton price target raised by Goldman Sachs
• Positive Sentiment: Peloton also announced a global partnership with Spotify, which expands its fitness content reach and adds a new distribution channel for its classes. Spotify Peloton Deal Adds Fitness Angle To Spotify Valuation Story
• Neutral Sentiment: Peloton’s adjusted EPS of $0.06 missed estimates by a penny, so some of the rally reflects investors focusing more on revenue growth, profitability, and guidance than on the earnings miss. Peloton Q3 Earnings Miss Estimates
• Neutral Sentiment: Calls for improved subscriber trends, lower churn, and better free cash flow support the bullish narrative, but these are more evidence of stabilization than a fresh catalyst. Peloton: Stability Is Here

Peloton Interactive Profile

Peloton Interactive, Inc operates a digital fitness platform that combines connected exercise equipment with live and on-demand workout classes. The company’s core products include stationary bikes (Peloton Bike and Bike+), treadmills (Peloton Tread and Tread+), and the Peloton Row. Each device integrates a touchscreen display that streams instructor-led cycling, running, strength, yoga, meditation and other fitness classes. Peloton generates recurring revenue through subscription plans, which grant users access to its growing library of workouts, performance tracking tools and community features.

Founded in 2012 by John Foley and headquartered in New York City, Peloton set out to deliver an immersive home-fitness experience by blending hardware, software and content.