Peloton Interactive (NASDAQ:PTON) CFO Sells $1,708,940.52 in Stock

Peloton Interactive, Inc. (NASDAQ:PTON) CFO Elizabeth Coddington sold 238,014 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $7.18, for a total transaction of $1,708,940.52. Following the completion of the transaction, the chief financial officer directly owned 346,535 shares of the company’s stock, valued at approximately $2,488,121.30. The trade was a 40.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Peloton Interactive Stock Down 7.1%

PTON opened at $6.39 on Friday. The business’s fifty day simple moving average is $7.69 and its 200 day simple moving average is $7.28. Peloton Interactive, Inc. has a 52 week low of $4.63 and a 52 week high of $10.90. The stock has a market cap of $2.67 billion, a PE ratio of -22.82, a P/E/G ratio of 2.13 and a beta of 2.33.

Peloton Interactive (NASDAQ:PTON) last posted 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 business had revenue of $550.80 million for the quarter, compared to analysts’ expectations of $540.61 million. Peloton Interactive’s 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. As a group, equities analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Peloton Interactive by 2.1% during the third quarter. Vanguard Group Inc. now owns 38,636,291 shares of the company’s stock valued at $347,727,000 after acquiring an additional 811,585 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of Peloton Interactive by 29.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 21,760,678 shares of the company’s stock worth $137,528,000 after purchasing an additional 4,940,422 shares in the last quarter. Eminence Capital LP bought a new stake in shares of Peloton Interactive in the 2nd quarter worth $112,681,000. Geode Capital Management LLC raised its stake in shares of Peloton Interactive by 5.7% in the second quarter. Geode Capital Management LLC now owns 9,141,542 shares of the company’s stock worth $63,450,000 after purchasing an additional 490,353 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Peloton Interactive by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,056,642 shares of the company’s stock valued at $44,598,000 after purchasing an additional 1,503,680 shares in the last quarter. Institutional investors own 77.01% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. UBS Group raised Peloton Interactive from a “neutral” rating to a “buy” rating and raised their price target for the stock from $7.50 to $11.00 in a research note on Wednesday, July 30th. Citigroup decreased their price objective on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating for the company in a report on Thursday. Zacks Research lowered shares of Peloton Interactive from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. Finally, Wall Street Zen lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $9.86.

Peloton Interactive Company Profile

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.