Peloton Interactive (NASDAQ:PTON) Insider Nick Caldwell Sells 68,262 Shares of Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Nick Caldwell sold 68,262 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $7.25, for a total transaction of $494,899.50. Following the completion of the sale, the insider directly owned 788,858 shares in the company, valued at approximately $5,719,220.50. This represents a 7.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Peloton Interactive Trading Down 0.4%

PTON stock opened at $7.11 on Wednesday. The stock has a market cap of $2.97 billion, a PE ratio of -25.39, a P/E/G ratio of 2.21 and a beta of 2.33. Peloton Interactive, Inc. has a 12 month low of $4.63 and a 12 month high of $10.90. The company has a 50-day moving average price of $7.73 and a 200 day moving average price of $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 firm had revenue of $550.80 million during the quarter, compared to analysts’ expectations of $540.61 million. Peloton Interactive’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.

Institutional Investors Weigh In On Peloton Interactive

Several hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. grew its position in shares of Peloton Interactive by 1,602.6% during the 2nd quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock worth $37,000 after buying an additional 5,000 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Peloton Interactive in the third quarter worth about $48,000. MAI Capital Management grew its holdings 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 purchased a new position in Peloton Interactive during the 3rd quarter valued at about $71,000. Finally, Farther Finance Advisors LLC increased its position in Peloton Interactive by 158.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock valued at $72,000 after purchasing an additional 4,894 shares during the period. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Telsey Advisory Group reissued a “market perform” rating and set a $9.00 price target on shares of Peloton Interactive in a research note on Monday, November 3rd. Zacks Research lowered Peloton Interactive from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 target price on shares of Peloton Interactive in a research report on Thursday, October 2nd. Wall Street Zen cut shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Macquarie raised their price target on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $9.95.

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.