Moors & Cabot Inc. Has $209,000 Stock Position in Peloton Interactive, Inc. $PTON

Moors & Cabot Inc. cut its holdings in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 40.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,140 shares of the company’s stock after selling 20,825 shares during the period. Moors & Cabot Inc.’s holdings in Peloton Interactive were worth $209,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Teacher Retirement System of Texas acquired a new position in shares of Peloton Interactive during the 1st quarter worth $431,000. Bank of New York Mellon Corp grew its position in Peloton Interactive by 1.8% in the first 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. Nisa Investment Advisors LLC raised its stake in Peloton Interactive by 40.2% during the first quarter. Nisa Investment Advisors LLC now owns 6,503 shares of the company’s stock worth $41,000 after acquiring an additional 1,864 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Peloton Interactive by 75.9% in the first quarter. Cerity Partners LLC now owns 127,610 shares of the company’s stock worth $806,000 after acquiring an additional 55,073 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Peloton Interactive by 62.4% in the first quarter. CWM LLC now owns 57,335 shares of the company’s stock worth $362,000 after acquiring an additional 22,037 shares during the last quarter. Institutional investors own 77.01% of the company’s stock.

Insider Buying and Selling

In other Peloton Interactive news, insider Nick V. Caldwell sold 206,901 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.78, for a total transaction of $1,609,689.78. Following the completion of the transaction, the insider owned 737,788 shares in the company, valued at approximately $5,739,990.64. This trade represents a 21.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elizabeth F. Coddington sold 238,664 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $7.85, for a total transaction of $1,873,512.40. Following the completion of the transaction, the chief financial officer owned 346,535 shares in the company, valued at $2,720,299.75. This trade represents a 40.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,834,177 shares of company stock valued at $14,655,695 over the last three months. 1.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PTON shares. Macquarie lifted their price target on shares of Peloton Interactive from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research note on Tuesday, October 14th. Truist Financial increased their price target on Peloton Interactive from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Friday. Zacks Research raised Peloton Interactive from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Finally, Morgan Stanley upped their target price on Peloton Interactive from $4.00 to $5.75 and gave the stock an “equal weight” rating in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Peloton Interactive presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.86.

Peloton Interactive Stock Performance

Shares of NASDAQ:PTON opened at $7.66 on Monday. Peloton Interactive, Inc. has a 52 week low of $4.63 and a 52 week high of $10.90. The firm has a market cap of $3.12 billion, a PE ratio of -27.36, a price-to-earnings-growth ratio of 3.09 and a beta of 2.33. The firm’s fifty day moving average is $7.80 and its 200-day moving average is $7.25.

Peloton Interactive (NASDAQ:PTON) last announced its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The company 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. Sell-side analysts forecast that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

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.