Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) COO Charles Peter Kirol sold 7,936 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.29, for a total value of $57,853.44. Following the completion of the transaction, the chief operating officer owned 47,011 shares in the company, valued at $342,710.19. This trade represents a 14.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Charles Peter Kirol also recently made the following trade(s):
- On Wednesday, October 22nd, Charles Peter Kirol sold 8,989 shares of Peloton Interactive stock. The shares were sold at an average price of $8.00, for a total value of $71,912.00.
- On Monday, October 20th, Charles Peter Kirol sold 3,596 shares of Peloton Interactive stock. The stock was sold at an average price of $7.56, for a total value of $27,185.76.
- On Thursday, October 16th, Charles Peter Kirol sold 20,554 shares of Peloton Interactive stock. The shares were sold at an average price of $7.57, for a total transaction of $155,593.78.
- On Tuesday, September 30th, Charles Peter Kirol sold 8,969 shares of Peloton Interactive stock. The shares were sold at an average price of $9.00, for a total transaction of $80,721.00.
- On Thursday, September 4th, Charles Peter Kirol sold 8,969 shares of Peloton Interactive stock. The stock was sold at an average price of $8.00, for a total transaction of $71,752.00.
- On Thursday, August 28th, Charles Peter Kirol sold 3,587 shares of Peloton Interactive stock. The stock was sold at an average price of $7.60, for a total transaction of $27,261.20.
Peloton Interactive Price Performance
Shares of NASDAQ:PTON opened at $7.11 on Wednesday. The stock has a market capitalization 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 business has a 50-day moving average of $7.73 and a two-hundred day moving average of $7.29. Peloton Interactive, Inc. has a fifty-two week low of $4.63 and a fifty-two week high of $10.90.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on PTON shares. UBS Group upgraded shares of Peloton Interactive from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Morgan Stanley boosted their target price on shares of Peloton Interactive from $4.00 to $5.75 and gave the stock an “equal weight” rating in a research report on Monday, August 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a report on Tuesday, October 14th. Macquarie lifted their price objective on Peloton Interactive from $11.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. Finally, Needham & Company LLC restated a “hold” rating on shares of Peloton Interactive in a research note on Thursday, August 7th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.95.
View Our Latest Stock Analysis on PTON
Institutional Investors Weigh In On Peloton Interactive
A number of institutional investors have recently added to or reduced their stakes in PTON. Oder Investment Management LLC acquired a new stake in Peloton Interactive in the 1st quarter valued at $336,000. D.A. Davidson & CO. bought a new stake in shares of Peloton Interactive in the 2nd quarter worth about $338,000. Resolute Capital Asset Partners LLC acquired a new stake in shares of Peloton Interactive during the 1st quarter worth about $790,000. Panagora Asset Management Inc. lifted its holdings in Peloton Interactive by 214.5% during the 1st quarter. Panagora Asset Management Inc. now owns 745,041 shares of the company’s stock valued at $4,709,000 after purchasing an additional 508,160 shares during the last quarter. Finally, Jump Financial LLC boosted its position in Peloton Interactive by 236.5% in the first quarter. Jump Financial LLC now owns 2,394,660 shares of the company’s stock valued at $15,134,000 after buying an additional 1,683,053 shares in the last quarter. 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.
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