Peloton Interactive (NASDAQ:PTON) CAO Sells $306,435.75 in Stock

Peloton Interactive, Inc. (NASDAQ:PTON) CAO Saqib Baig sold 42,267 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.25, for a total transaction of $306,435.75. Following the completion of the sale, the chief accounting officer owned 193,052 shares in the company, valued at $1,399,627. This represents a 17.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, August 20th, Saqib Baig sold 21,736 shares of Peloton Interactive stock. The shares were sold at an average price of $7.62, for a total transaction of $165,628.32.

Peloton Interactive Stock Performance

PTON traded down $0.03 during trading on Tuesday, hitting $7.11. The stock had a trading volume of 8,159,472 shares, compared to its average volume of 13,768,823. The stock has a 50 day simple moving average of $7.75 and a two-hundred day simple moving average of $7.28. Peloton Interactive, Inc. has a twelve month low of $4.63 and a twelve month high of $10.90. The company has a market capitalization of $2.97 billion, a PE ratio of -25.39, a PEG ratio of 2.31 and a beta of 2.33.

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

Analysts Set New Price Targets

Several brokerages have weighed in on PTON. Morgan Stanley raised their price target on Peloton Interactive from $4.00 to $5.75 and gave the stock an “equal weight” rating in a report on Monday, August 4th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $11.50 price target on shares of Peloton Interactive in a research report on Thursday, October 2nd. Telsey Advisory Group reissued a “market perform” rating and issued a $9.00 price objective on shares of Peloton Interactive in a report on Monday, November 3rd. Truist Financial raised their price objective on Peloton Interactive from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $9.95.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bessemer Group Inc. grew its stake 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 purchasing an additional 5,000 shares during the period. MAI Capital Management grew its position in Peloton Interactive by 64.6% during the second quarter. MAI Capital Management now owns 5,498 shares of the company’s stock valued at $38,000 after buying an additional 2,158 shares during the period. Abel Hall LLC acquired a new stake in Peloton Interactive during the first quarter valued at $64,000. AE Wealth Management LLC purchased a new position in Peloton Interactive in the first quarter valued at $65,000. Finally, DRW Securities LLC purchased a new position in Peloton Interactive in the first quarter valued at $67,000. 77.01% of the stock is owned by institutional investors and hedge funds.

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.