Peloton Interactive (NASDAQ:PTON) Insider Dion Sanders Sells 124,047 Shares

Peloton Interactive, Inc. (NASDAQ:PTON) insider Dion Sanders sold 124,047 shares of Peloton Interactive stock in a transaction on Monday, November 17th. The shares were sold at an average price of $7.22, for a total transaction of $895,619.34. Following the completion of the transaction, the insider directly owned 111,036 shares in the company, valued at $801,679.92. The trade was a 52.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Peloton Interactive Price Performance

Shares of NASDAQ:PTON opened at $7.11 on Wednesday. Peloton Interactive, Inc. has a 1-year low of $4.63 and a 1-year high of $10.90. The stock has a market cap of $2.97 billion, a P/E ratio of -25.39, a P/E/G ratio of 2.21 and a beta of 2.33. The firm has a fifty day moving average price of $7.73 and a 200 day moving average price of $7.29.

Peloton Interactive (NASDAQ:PTON) last announced its earnings results on Thursday, November 6th. The company reported $0.03 EPS 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 analysts’ expectations of $540.61 million. The firm’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. Sell-side analysts expect that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Institutional Trading of Peloton Interactive

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Eminence Capital LP acquired a new position in Peloton Interactive during the second quarter worth $112,681,000. T. Rowe Price Investment Management Inc. grew its holdings in Peloton Interactive by 29.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 21,760,678 shares of the company’s stock valued at $137,528,000 after purchasing an additional 4,940,422 shares during the last quarter. Nuveen LLC purchased a new position in shares of Peloton Interactive in the first quarter valued at $23,239,000. DNB Asset Management AS increased its position in shares of Peloton Interactive by 592.6% in the second quarter. DNB Asset Management AS now owns 3,711,752 shares of the company’s stock valued at $25,760,000 after buying an additional 3,175,861 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Peloton Interactive by 6.2% during the 1st quarter. Vanguard Group Inc. now owns 37,246,652 shares of the company’s stock worth $235,399,000 after buying an additional 2,186,862 shares during the last quarter. Institutional investors and hedge funds own 77.01% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on PTON shares. Canaccord Genuity Group reissued a “buy” rating and issued a $10.00 target price on shares of Peloton Interactive in a report on Thursday, October 2nd. Macquarie lifted their price objective on shares of Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. Needham & Company LLC restated a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a research note on Tuesday, October 14th. Finally, Wall Street Zen lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Peloton Interactive currently has an average rating of “Hold” and an average price target of $9.95.

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.