Manchester Capital Management LLC Buys 15,137 Shares of Peloton Interactive, Inc. $PTON

Manchester Capital Management LLC boosted its stake in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 6.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 251,790 shares of the company’s stock after purchasing an additional 15,137 shares during the period. Manchester Capital Management LLC owned 0.06% of Peloton Interactive worth $1,747,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. XTX Topco Ltd boosted its holdings in shares of Peloton Interactive by 395.8% in the 2nd quarter. XTX Topco Ltd now owns 142,608 shares of the company’s stock valued at $990,000 after buying an additional 113,847 shares during the last quarter. Prudential Financial Inc. raised its position in Peloton Interactive by 77.2% during the second quarter. Prudential Financial Inc. now owns 47,630 shares of the company’s stock worth $331,000 after acquiring an additional 20,750 shares in the last quarter. American Century Companies Inc. bought a new stake in Peloton Interactive during the second quarter worth $212,000. Rhumbline Advisers lifted its stake in Peloton Interactive by 12.1% in the second quarter. Rhumbline Advisers now owns 568,345 shares of the company’s stock valued at $3,944,000 after acquiring an additional 61,207 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC grew its position in shares of Peloton Interactive by 25.0% in the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 25,000 shares of the company’s stock valued at $174,000 after acquiring an additional 5,000 shares during the period. Institutional investors and hedge funds own 77.01% of the company’s stock.

Insider Buying and Selling

In other news, insider Nick V. Caldwell sold 206,901 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $7.78, for a total transaction of $1,609,689.78. Following the completion of the sale, the insider directly owned 737,788 shares in the company, valued at approximately $5,739,990.64. This represents a 21.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Cunningham Cotter sold 148,432 shares of the business’s 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 trade represents a 39.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,873,252 shares of company stock valued at $14,031,177 over the last 90 days. 1.30% of the stock is currently owned by insiders.

Peloton Interactive Stock Up 2.3%

NASDAQ PTON opened at $6.60 on Tuesday. The firm has a 50-day moving average price of $7.63 and a two-hundred day moving average price of $7.28. Peloton Interactive, Inc. has a 12-month low of $4.63 and a 12-month high of $10.90. The company has a market capitalization of $2.76 billion, a P/E ratio of -23.57, a P/E/G ratio of 1.88 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. The company’s revenue for the quarter 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. Equities analysts expect that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PTON shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a report on Tuesday, October 14th. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $7.50 to $11.00 in a research report on Wednesday, July 30th. Needham & Company LLC reiterated a “hold” rating on shares of Peloton Interactive in a research note on Thursday, August 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $11.50 price target on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Wall Street Zen lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $9.86.

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.