Vise Technologies Inc. Makes New Investment in Peloton Interactive, Inc. $PTON

Vise Technologies Inc. acquired a new stake in Peloton Interactive, Inc. (NASDAQ:PTON) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,214 shares of the company’s stock, valued at approximately $99,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. T. Rowe Price Investment Management Inc. lifted its stake in shares of 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 worth $137,528,000 after acquiring an additional 4,940,422 shares in the last quarter. Nuveen LLC purchased a new stake in Peloton Interactive during the 1st quarter worth approximately $23,239,000. Vanguard Group Inc. raised its position in shares of Peloton Interactive by 6.2% in the 1st quarter. Vanguard Group Inc. now owns 37,246,652 shares of the company’s stock valued at $235,399,000 after purchasing an additional 2,186,862 shares in the last quarter. Jump Financial LLC raised its position in shares of Peloton Interactive by 236.5% in the 1st quarter. Jump Financial LLC now owns 2,394,660 shares of the company’s stock valued at $15,134,000 after purchasing an additional 1,683,053 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Peloton Interactive by 37.9% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,831,180 shares of the company’s stock valued at $36,853,000 after buying an additional 1,603,326 shares during the last quarter. 77.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Jennifer Cunningham Cotter sold 148,432 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $7.22, for a total transaction of $1,071,679.04. Following the completion of the transaction, the insider owned 231,764 shares in the company, valued at $1,673,336.08. The trade was a 39.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Dion C. Sanders sold 127,911 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 value of $995,147.58. Following the transaction, the insider owned 110,753 shares of the company’s stock, valued at approximately $861,658.34. The trade was a 53.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,638,811 shares of company stock valued at $12,487,950 over the last three months. 1.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PTON shares. Wall Street Zen lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research downgraded shares of Peloton Interactive from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. The Goldman Sachs Group restated a “buy” rating and issued a $11.50 target price on shares of Peloton Interactive in a research note on Thursday, October 2nd. Needham & Company LLC reiterated a “hold” rating on shares of Peloton Interactive in a research note on Thursday, August 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a report on Tuesday, October 14th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $9.95.

Peloton Interactive Stock Performance

Shares of NASDAQ:PTON opened at $7.11 on Wednesday. The company’s fifty day moving average is $7.73 and its two-hundred day moving average is $7.29. Peloton Interactive, Inc. has a 1-year low of $4.63 and a 1-year high of $10.90. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of -25.39, a price-to-earnings-growth ratio of 2.21 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $540.61 million. The firm’s 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 expect that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

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.