Insider Selling: Peloton Interactive (NASDAQ:PTON) Insider Sells 111,036 Shares of Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Dion Sanders sold 111,036 shares of Peloton Interactive stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $6.64, for a total value of $737,279.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Peloton Interactive Stock Performance

NASDAQ PTON traded up $0.06 during trading on Friday, hitting $6.45. The stock had a trading volume of 13,689,367 shares, compared to its average volume of 13,740,709. Peloton Interactive, Inc. has a 12 month low of $4.63 and a 12 month high of $10.90. The company’s 50-day moving average price is $7.69 and its two-hundred day moving average price is $7.28. The company has a market capitalization of $2.69 billion, a PE ratio of -23.03, a P/E/G ratio of 2.13 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last issued 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 for the quarter, compared to the consensus estimate of $540.61 million. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Peloton Interactive from $6.00 to $6.50 and gave the stock an “equal weight” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and increased their price target for the company from $7.50 to $11.00 in a research report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $11.50 price target on shares of Peloton Interactive in a research report on Thursday, October 2nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Peloton Interactive in a research note on Thursday, August 7th. Eight research 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, Peloton Interactive has a consensus rating of “Hold” and an average price target of $9.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Bancorp USA Inc. acquired a new position in shares of Peloton Interactive during the 3rd quarter worth approximately $362,000. Advisory Services Network LLC bought a new position in Peloton Interactive during the third quarter worth $48,000. Woodline Partners LP bought a new position in Peloton Interactive during the third quarter worth $11,417,000. PharVision Advisers LLC acquired a new position in shares of Peloton Interactive in the third quarter valued at $443,000. Finally, XTX Topco Ltd raised its position in shares of Peloton Interactive by 34.0% in the third quarter. XTX Topco Ltd now owns 191,160 shares of the company’s stock valued at $1,720,000 after purchasing an additional 48,552 shares during the period. 77.01% of the stock is currently owned by institutional investors.

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.