Jennifer Cunningham Cotter Sells 148,432 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Jennifer Cunningham Cotter sold 148,432 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were 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 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Jennifer Cunningham Cotter also recently made the following trade(s):

• On Thursday, September 18th, Jennifer Cunningham Cotter sold 110,235 shares of Peloton Interactive stock. The shares were sold at an average price of $8.05, for a total transaction of $887,391.75.
• On Tuesday, September 16th, Jennifer Cunningham Cotter sold 128,429 shares of Peloton Interactive stock. The stock was sold at an average price of $7.79, for a total transaction of $1,000,461.91.
• On Wednesday, August 20th, Jennifer Cunningham Cotter sold 134,476 shares of Peloton Interactive stock. The stock was sold at an average price of $7.61, for a total transaction of $1,023,362.36.

Peloton Interactive Price Performance

Shares of NASDAQ PTON traded down $0.03 during mid-day trading on Tuesday, hitting $7.11. 8,159,472 shares of the company’s stock traded hands, compared to its average volume of 13,768,823. Peloton Interactive, Inc. has a 1 year low of $4.63 and a 1 year high of $10.90. The company’s 50-day moving average is $7.75 and its two-hundred day moving average is $7.28. The company has a market capitalization of $2.97 billion, a P/E ratio of -25.39, a PEG ratio of 2.31 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 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $550.80 million during the quarter, compared to analysts’ expectations of $540.61 million. The company’s quarterly 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. Equities analysts anticipate that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Peloton Interactive

Several hedge funds have recently modified their holdings of PTON. Bank of New York Mellon Corp boosted its position in Peloton Interactive by 1.8% during the first quarter. Bank of New York Mellon Corp now owns 988,547 shares of the company’s stock valued at $6,248,000 after purchasing an additional 17,584 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Peloton Interactive by 75.9% during the 1st quarter. Cerity Partners LLC now owns 127,610 shares of the company’s stock worth $806,000 after acquiring an additional 55,073 shares in the last quarter. CWM LLC lifted its position in Peloton Interactive by 62.4% during the first quarter. CWM LLC now owns 57,335 shares of the company’s stock valued at $362,000 after acquiring an additional 22,037 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Peloton Interactive by 11.3% in the first quarter. Wealthfront Advisers LLC now owns 18,463 shares of the company’s stock valued at $117,000 after acquiring an additional 1,877 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Peloton Interactive by 4.4% in the first quarter. Victory Capital Management Inc. now owns 43,944 shares of the company’s stock worth $278,000 after purchasing an additional 1,860 shares during the last quarter. Hedge funds and other institutional investors own 77.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PTON. Zacks Research lowered Peloton Interactive from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Macquarie boosted 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. UBS Group raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and increased their target price for the company from $7.50 to $11.00 in a research note on Wednesday, July 30th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $10.00 price target on shares of Peloton Interactive in a research note on Thursday, October 2nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Eight 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, Peloton Interactive presently has an average rating of “Hold” and an average price target of $9.95.

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.