Dion Sanders Sells 111,036 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTONGet Free Report) insider Dion Sanders sold 111,036 shares of Peloton Interactive stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $6.64, for a total transaction of $737,279.04. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Peloton Interactive Stock Performance

Shares of PTON stock opened at $6.45 on Friday. The firm has a market cap of $2.69 billion, a P/E ratio of -23.03, a P/E/G ratio of 1.88 and a beta of 2.33. The firm’s 50 day moving average price is $7.67 and its 200-day moving average price is $7.28. Peloton Interactive, Inc. has a one year low of $4.63 and a one year high of $10.90.

Peloton Interactive (NASDAQ:PTONGet Free Report) last posted its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. The company’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. As a group, research analysts predict that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on PTON. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and increased their target price for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a research report on Thursday, August 7th. The Goldman Sachs Group reissued a “buy” rating and issued a $11.50 price objective on shares of Peloton Interactive in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research note on Tuesday, October 14th. Finally, Truist Financial increased their target price on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Eight investment 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.86.

Check Out Our Latest Report on PTON

Institutional Trading of Peloton Interactive

A number of large investors have recently made changes to their positions in the company. Vident Advisory LLC lifted its stake in Peloton Interactive by 1.1% in the second quarter. Vident Advisory LLC now owns 110,258 shares of the company’s stock worth $765,000 after acquiring an additional 1,180 shares during the last quarter. Cresset Asset Management LLC increased its position in shares of Peloton Interactive by 11.9% in the 3rd quarter. Cresset Asset Management LLC now owns 12,748 shares of the company’s stock valued at $115,000 after purchasing an additional 1,354 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its holdings in shares of Peloton Interactive by 0.3% in the 3rd quarter. Kirr Marbach & Co. LLC IN now owns 471,946 shares of the company’s stock valued at $4,248,000 after purchasing an additional 1,464 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Peloton Interactive by 10.3% during the 3rd quarter. Vise Technologies Inc. now owns 15,680 shares of the company’s stock worth $141,000 after purchasing an additional 1,466 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Peloton Interactive by 6.0% during the third quarter. Principal Financial Group Inc. now owns 27,126 shares of the company’s stock worth $244,000 after purchasing an additional 1,526 shares in the last quarter. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Peloton Interactive Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Peloton Interactive (NASDAQ:PTON)

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