Lisanti Capital Growth LLC Acquires New Shares in Peloton Interactive, Inc. $PTON

Lisanti Capital Growth LLC bought a new position in shares of Peloton Interactive, Inc. (NASDAQ:PTON) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 269,925 shares of the company’s stock, valued at approximately $2,429,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PTON. D.A. Davidson & CO. acquired a new position in shares of Peloton Interactive in the 2nd quarter valued at $338,000. Voya Investment Management LLC raised its holdings in Peloton Interactive by 325.5% in the 3rd quarter. Voya Investment Management LLC now owns 429,929 shares of the company’s stock valued at $3,869,000 after buying an additional 328,894 shares during the period. Eminence Capital LP acquired a new position in Peloton Interactive in the second quarter valued at about $112,681,000. Geode Capital Management LLC lifted its position in Peloton Interactive by 5.7% in the second quarter. Geode Capital Management LLC now owns 9,141,542 shares of the company’s stock valued at $63,450,000 after buying an additional 490,353 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new position in Peloton Interactive during the third quarter worth about $17,387,000. Hedge funds and other institutional investors own 77.01% of the company’s stock.

Insider Activity at Peloton Interactive

In other news, CFO Elizabeth F. Coddington sold 21,820 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $6.31, for a total transaction of $137,684.20. Following the completion of the transaction, the chief financial officer directly owned 346,535 shares of the company’s stock, valued at approximately $2,186,635.85. The trade was a 5.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Nick V. Caldwell sold 25,135 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $7.00, for a total transaction of $175,945.00. Following the sale, the insider owned 739,085 shares in the company, valued at $5,173,595. The trade was a 3.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,107,129 shares of company stock worth $7,708,694 over the last quarter. 1.30% of the stock is currently owned by insiders.

Trending Headlines about Peloton Interactive

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

• Positive Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating and set an $8 price target, signaling meaningful upside from current levels if Peloton executes. Telsey reaffirms market perform, $8 PT
• Positive Sentiment: The Motley Fool highlights that Peloton has reported positive net income and rising free cash flow in the last two quarters — a sign of improving profitability heading into the Feb. 5 earnings release. 1 Thing to Watch in Peloton’s Earnings on Feb. 5
• Neutral Sentiment: Analysts’ views are mixed across consumer cyclicals including Peloton, reflecting divergence on recovery timing and margin sustainability. Mixed analyst commentary can keep volatility elevated. Analysts’ Opinions Are Mixed
• Neutral Sentiment: Street calendars note Peloton is projected to report quarterly earnings on Feb. 5 — the upcoming print is the main near-term catalyst and could swing the stock depending on subscriber and guidance detail. Peloton Projected to Post Quarterly Earnings
• Negative Sentiment: Peloton announced plans to cut about 11% of its workforce as part of cost-cutting efforts. While layoffs reduce near-term expenses, they typically signal slowing growth or restructuring that may spook investors. Peloton cuts 11% of staff
• Negative Sentiment: Reporting highlights falling revenue and uncertainty around subscriber trends — the core business metric investors watch for recovery and sustained profitability. That pressure on top-line visibility is a key reason shares are under strain. Peloton Reset Faced With Falling Revenue

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PTON shares. Macquarie boosted their price target on shares of Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. Zacks Research upgraded shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Morgan Stanley upped their price target on Peloton Interactive from $6.00 to $6.50 and gave the stock an “equal weight” rating in a research note on Wednesday, November 19th. Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Friday, January 9th. Finally, Wall Street Zen upgraded Peloton Interactive from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Peloton Interactive presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.72.

Peloton Interactive Stock Down 2.4%

Peloton Interactive stock opened at $5.59 on Friday. Peloton Interactive, Inc. has a 52-week low of $4.63 and a 52-week high of $10.25. The firm has a market cap of $2.34 billion, a PE ratio of -19.96, a price-to-earnings-growth ratio of 1.73 and a beta of 2.40. The company’s 50 day moving average is $6.34 and its two-hundred day moving average is $7.12.

Peloton Interactive (NASDAQ:PTON) last posted 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 analysts’ expectations of $540.61 million. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. On average, equities research analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

About Peloton Interactive

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.