Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) COO Charles Peter Kirol sold 7,936 shares of Peloton Interactive stock in a transaction on Monday, November 17th. The stock was sold at an average price of $7.29, for a total value of $57,853.44. Following the transaction, the chief operating officer owned 47,011 shares in the company, valued at approximately $342,710.19. This represents a 14.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Charles Peter Kirol also recently made the following trade(s):
- On Wednesday, October 22nd, Charles Peter Kirol sold 8,989 shares of Peloton Interactive stock. The shares were sold at an average price of $8.00, for a total transaction of $71,912.00.
- On Monday, October 20th, Charles Peter Kirol sold 3,596 shares of Peloton Interactive stock. The stock was sold at an average price of $7.56, for a total transaction of $27,185.76.
- On Thursday, October 16th, Charles Peter Kirol sold 20,554 shares of Peloton Interactive stock. The shares were sold at an average price of $7.57, for a total transaction of $155,593.78.
- On Tuesday, September 30th, Charles Peter Kirol sold 8,969 shares of Peloton Interactive stock. The shares were sold at an average price of $9.00, for a total transaction of $80,721.00.
- On Thursday, September 4th, Charles Peter Kirol sold 8,969 shares of Peloton Interactive stock. The shares were sold at an average price of $8.00, for a total transaction of $71,752.00.
- On Thursday, August 28th, Charles Peter Kirol sold 3,587 shares of Peloton Interactive stock. The shares were sold at an average price of $7.60, for a total value of $27,261.20.
Peloton Interactive Trading Down 0.4%
Peloton Interactive stock traded down $0.03 during mid-day trading on Tuesday, hitting $7.11. The company’s stock had a trading volume of 8,160,330 shares, compared to its average volume of 13,768,823. The stock’s fifty day moving average is $7.75 and its two-hundred day moving average is $7.28. The firm has a market capitalization of $2.97 billion, a PE ratio of -25.39, a price-to-earnings-growth ratio of 2.31 and a beta of 2.33. Peloton Interactive, Inc. has a 1 year low of $4.63 and a 1 year high of $10.90.
Analyst Ratings Changes
A number of research firms have commented on PTON. Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a research note on Tuesday, October 14th. Wall Street Zen lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Canaccord Genuity Group reiterated a “buy” rating and issued a $10.00 target price on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $9.00 target price on shares of Peloton Interactive in a research report on Monday, November 3rd. Eight investment 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 MarketBeat.com, Peloton Interactive currently has an average rating of “Hold” and a consensus price target of $9.95.
Get Our Latest Research Report on PTON
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in PTON. Bank of New York Mellon Corp increased its stake in Peloton Interactive by 1.8% during the 1st quarter. Bank of New York Mellon Corp now owns 988,547 shares of the company’s stock worth $6,248,000 after buying an additional 17,584 shares during the period. Cerity Partners LLC boosted its position in Peloton Interactive by 75.9% in the 1st quarter. Cerity Partners LLC now owns 127,610 shares of the company’s stock valued at $806,000 after buying an additional 55,073 shares during the period. CWM LLC grew its stake 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 in the last quarter. Wealthfront Advisers LLC increased its position in shares of Peloton Interactive by 11.3% during the first quarter. Wealthfront Advisers LLC now owns 18,463 shares of the company’s stock worth $117,000 after acquiring an additional 1,877 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Peloton Interactive by 4.4% during the first quarter. Victory Capital Management Inc. now owns 43,944 shares of the company’s stock worth $278,000 after acquiring an additional 1,860 shares during the period. Hedge funds and other institutional investors own 77.01% of the company’s stock.
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.
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