Saqib Baig Sells 30,918 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTONGet Free Report) CAO Saqib Baig sold 30,918 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $4.14, for a total value of $128,000.52. Following the completion of the transaction, the chief accounting officer owned 219,781 shares in the company, valued at $909,893.34. The trade was a 12.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Saqib Baig also recently made the following trade(s):

  • On Wednesday, February 18th, Saqib Baig sold 5,722 shares of Peloton Interactive stock. The stock was sold at an average price of $4.31, for a total value of $24,661.82.
  • On Tuesday, January 13th, Saqib Baig sold 10,000 shares of Peloton Interactive stock. The shares were sold at an average price of $6.87, for a total value of $68,700.00.
  • On Friday, January 9th, Saqib Baig sold 5,000 shares of Peloton Interactive stock. The stock was sold at an average price of $6.95, for a total value of $34,750.00.
  • On Monday, December 8th, Saqib Baig sold 5,000 shares of Peloton Interactive stock. The stock was sold at an average price of $6.39, for a total value of $31,950.00.

Peloton Interactive Trading Up 2.3%

Peloton Interactive stock opened at $4.42 on Friday. The company has a market cap of $1.88 billion, a PE ratio of -34.00, a PEG ratio of 0.85 and a beta of 2.41. Peloton Interactive, Inc. has a 1 year low of $4.08 and a 1 year high of $9.65. The company’s 50-day moving average is $5.78 and its two-hundred day moving average is $6.94.

Peloton Interactive (NASDAQ:PTONGet Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The company had revenue of $656.50 million for the quarter, compared to analyst estimates of $675.04 million. During the same period last year, the business posted ($0.24) earnings per share. Peloton Interactive’s revenue was down 2.5% compared to the same quarter last year. Research analysts forecast that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

Institutional Investors Weigh In On Peloton Interactive

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Eminence Capital LP acquired a new position in shares of Peloton Interactive during the 2nd quarter worth about $112,681,000. DNB Asset Management AS raised its holdings in Peloton Interactive by 142.4% during the fourth quarter. DNB Asset Management AS now owns 10,776,627 shares of the company’s stock worth $66,384,000 after acquiring an additional 6,331,510 shares in the last quarter. Hennessy Advisors Inc. bought a new stake in Peloton Interactive during the fourth quarter worth about $30,533,000. Alyeska Investment Group L.P. grew its stake in Peloton Interactive by 306.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 5,462,344 shares of the company’s stock valued at $33,648,000 after purchasing an additional 4,116,986 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Peloton Interactive during the 4th quarter worth approximately $23,796,000. 77.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on PTON. Truist Financial reduced their price target on Peloton Interactive from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. UBS Group reissued a “buy” rating on shares of Peloton Interactive in a research note on Tuesday, February 3rd. Argus cut Peloton Interactive from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Bank of America set a $9.00 price target on Peloton Interactive in a research note on Friday, January 30th. Finally, Wall Street Zen downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Peloton Interactive presently has an average rating of “Hold” and a consensus price target of $8.42.

Get Our Latest Stock Analysis on Peloton Interactive

Trending Headlines about Peloton Interactive

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

  • Positive Sentiment: Institutional support and commentary provide tailwinds — several large funds raised positions (notably Goldman Sachs and Royal Bank of Canada increases cited in the coverage), and analysts at times highlight a path toward profitability, helping limit downside pressure. See background discussion on the turnaround narrative: Peloton Moves Toward Profitability
  • Neutral Sentiment: Brokerage consensus remains cautious — the stock carries a consensus “Hold” rating from analysts, indicating limited near‑term upside from Street estimates and mixed views on recovery prospects. Peloton Given Average Recommendation of “Hold” by Brokerages
  • Negative Sentiment: Large insider sales — multiple senior executives sold significant stakes Feb. 17–18, including CFO Elizabeth Coddington (238,013 shares, ~40.7% reduction) which can signal reduced insider conviction or simply liquidity needs; such sizable insider exits typically weigh on investor sentiment. SEC filing: CFO Form 4 Filing
  • Negative Sentiment: Additional executive disposals — other leaders (Nick V. Caldwell, Jennifer Cunningham Cotter, Dion C. Sanders, COO Charles Kirol and CAO Saqib Baig) sold large blocks at ~$4.14–$4.31, which cumulatively reduced insider ownership and amplifies negative market reaction. Representative Form 4: Caldwell Form 4 Filing

About Peloton Interactive

(Get Free Report)

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.

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