Vise Technologies Inc. Buys New Position in Peloton Interactive, Inc. $PTON

Vise Technologies Inc. purchased a new position in shares of Peloton Interactive, Inc. (NASDAQ:PTON) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 PTON. T. Rowe Price Investment Management Inc. lifted its stake in shares of Peloton Interactive by 29.4% during 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 buying an additional 4,940,422 shares during the period. Nuveen LLC purchased a new stake in Peloton Interactive in the 1st quarter worth approximately $23,239,000. Vanguard Group Inc. raised its holdings in 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 acquiring an additional 2,186,862 shares during the last quarter. Jump Financial LLC lifted its stake in shares of Peloton Interactive by 236.5% during the 1st quarter. Jump Financial LLC now owns 2,394,660 shares of the company’s stock worth $15,134,000 after purchasing an additional 1,683,053 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted 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 worth $36,853,000 after purchasing an additional 1,603,326 shares during the period. 77.01% of the stock is currently owned by hedge funds and other institutional investors.

Peloton Interactive Stock Performance

Shares of NASDAQ:PTON opened at $7.11 on Wednesday. The stock has a 50-day simple moving average of $7.73 and a 200-day simple moving average of $7.29. The stock has a market capitalization of $2.97 billion, a P/E ratio of -25.39, a PEG ratio of 2.21 and a beta of 2.33. Peloton Interactive, Inc. has a 1 year low of $4.63 and a 1 year high of $10.90.

Peloton Interactive (NASDAQ:PTON) last announced its quarterly earnings results 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 analyst estimates 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. Analysts predict that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Insider Transactions at Peloton Interactive

In other news, COO Charles Peter Kirol sold 7,936 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $7.29, for a total value of $57,853.44. Following the completion of the sale, the chief operating officer owned 47,011 shares in the company, valued at approximately $342,710.19. This trade represents a 14.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Saqib Baig sold 42,267 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.25, for a total value of $306,435.75. Following the sale, the chief accounting officer owned 193,052 shares in the company, valued at approximately $1,399,627. The trade was a 17.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,638,811 shares of company stock worth $12,487,950 in the last quarter. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PTON. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $7.50 to $11.00 in a research report on Wednesday, July 30th. Truist Financial lifted their price target on Peloton Interactive from $11.00 to $12.00 and gave the company a “buy” rating in a report on Friday, November 7th. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 price objective on shares of Peloton Interactive in a report on Thursday, October 2nd. Needham & Company LLC restated a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Finally, Morgan Stanley increased their price target on shares of Peloton Interactive from $4.00 to $5.75 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.