Peloton Interactive (NASDAQ:PTON) Insider Jennifer Cunningham Cotter Sells 148,432 Shares of Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Jennifer Cunningham Cotter sold 148,432 shares of Peloton Interactive stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.22, for a total value of $1,071,679.04. Following the completion of the transaction, the insider directly owned 231,764 shares of the company’s stock, valued at approximately $1,673,336.08. This represents a 39.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jennifer Cunningham Cotter also recently made the following trade(s):

• On Thursday, September 18th, Jennifer Cunningham Cotter sold 110,235 shares of Peloton Interactive stock. The stock was sold at an average price of $8.05, for a total transaction of $887,391.75.
• On Tuesday, September 16th, Jennifer Cunningham Cotter sold 128,429 shares of Peloton Interactive stock. The shares were sold at an average price of $7.79, for a total transaction of $1,000,461.91.
• On Wednesday, August 20th, Jennifer Cunningham Cotter sold 134,476 shares of Peloton Interactive stock. The stock was sold at an average price of $7.61, for a total transaction of $1,023,362.36.

Peloton Interactive Stock Down 0.4%

Peloton Interactive stock opened at $7.11 on Wednesday. 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 $2.97 billion, a PE ratio of -25.39, a price-to-earnings-growth ratio of 2.21 and a beta of 2.33. The company’s 50 day moving average is $7.73 and its two-hundred day moving average is $7.29.

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. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Peloton Interactive

Several hedge funds have recently added to or reduced their stakes in PTON. Bessemer Group Inc. raised its holdings in Peloton Interactive by 1,602.6% during the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock worth $37,000 after purchasing an additional 5,000 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Peloton Interactive in the 3rd quarter valued at $48,000. MAI Capital Management raised its stake 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 acquiring an additional 2,158 shares in the last quarter. Quarry LP acquired a new stake in Peloton Interactive during the 3rd quarter worth $71,000. Finally, Farther Finance Advisors LLC lifted its position in Peloton Interactive by 158.3% in the third quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock valued at $72,000 after acquiring an additional 4,894 shares during the last quarter. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PTON shares. Morgan Stanley increased their price target on Peloton Interactive from $4.00 to $5.75 and gave the company an “equal weight” rating in a research report on Monday, August 4th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $11.50 target price on shares of Peloton Interactive in a report on Thursday, October 2nd. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 price target on shares of Peloton Interactive in a report on Thursday, October 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $9.95.

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.