Peloton Interactive, Inc. (NASDAQ:PTON) COO Thomas Cortese sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, January 12th. The stock was sold at an average price of $152.66, for a total transaction of $6,106,400.00. Following the completion of the sale, the chief operating officer now owns 40,413 shares of the company’s stock, valued at $6,169,448.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Thomas Cortese also recently made the following trade(s):

  • On Wednesday, December 9th, Thomas Cortese sold 40,000 shares of Peloton Interactive stock. The stock was sold at an average price of $115.71, for a total transaction of $4,628,400.00.

NASDAQ:PTON opened at $167.42 on Thursday. Peloton Interactive, Inc. has a 12 month low of $17.70 and a 12 month high of $169.00. The company has a market cap of $48.98 billion and a PE ratio of -117.90. The company has a 50 day simple moving average of $136.20 and a two-hundred day simple moving average of $100.59.

Peloton Interactive (NASDAQ:PTON) last posted its earnings results on Thursday, November 5th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.08. Peloton Interactive had a negative net margin of 3.93% and a negative return on equity of 4.54%. The business had revenue of $757.90 million during the quarter, compared to the consensus estimate of $733.74 million. During the same quarter in the previous year, the firm posted ($1.29) EPS. The firm’s revenue was up 232.4% on a year-over-year basis. As a group, equities analysts predict that Peloton Interactive, Inc. will post 0.25 earnings per share for the current year.

Several brokerages have commented on PTON. Raymond James raised their price objective on shares of Peloton Interactive from $109.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, November 6th. MKM Partners raised their price objective on shares of Peloton Interactive from $90.00 to $110.00 in a report on Friday, November 6th. Truist raised their price objective on shares of Peloton Interactive from $115.00 to $144.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. KeyCorp raised their price objective on shares of Peloton Interactive from $160.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, December 22nd. Finally, The Goldman Sachs Group raised their target price on shares of Peloton Interactive from $144.00 to $162.00 and gave the company a “neutral” rating in a research note on Tuesday, December 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $133.69.

A number of large investors have recently bought and sold shares of PTON. Adams Wealth Management bought a new stake in Peloton Interactive in the 3rd quarter worth approximately $30,000. Kathmere Capital Management LLC bought a new stake in Peloton Interactive in the 3rd quarter worth approximately $31,000. Hartford Financial Management Inc. purchased a new position in shares of Peloton Interactive during the 3rd quarter worth $35,000. Manchester Capital Management LLC purchased a new position in shares of Peloton Interactive during the 3rd quarter worth $38,000. Finally, Summit X LLC purchased a new position in shares of Peloton Interactive during the 3rd quarter worth $50,000. 59.54% of the stock is owned by institutional investors and hedge funds.

About Peloton Interactive

Peloton Interactive, Inc provides interactive fitness products in North America and internationally. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness subscriptions for multiple household users, and access to all live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes.

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Insider Buying and Selling by Quarter for Peloton Interactive (NASDAQ:PTON)

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