Police & Firemen s Retirement System of New Jersey Acquires 8,821 Shares of Peloton Interactive, Inc. $PTON

Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 11.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 84,026 shares of the company’s stock after purchasing an additional 8,821 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Peloton Interactive were worth $583,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. boosted its holdings in shares of Peloton Interactive by 1,602.6% in the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock valued at $37,000 after buying an additional 5,000 shares during the period. AE Wealth Management LLC bought a new stake in Peloton Interactive in the 1st quarter valued at $65,000. DRW Securities LLC acquired a new position in Peloton Interactive in the 1st quarter worth $67,000. Rathbones Group PLC bought a new position in Peloton Interactive during the 1st quarter worth about $85,000. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Peloton Interactive in the 2nd quarter valued at about $92,000. 77.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Nick V. Caldwell sold 68,262 shares of Peloton Interactive stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $7.25, for a total transaction of $494,899.50. Following the completion of the transaction, the insider owned 788,858 shares in the company, valued at approximately $5,719,220.50. This trade represents a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Dion C. Sanders sold 111,036 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $6.64, for a total value of $737,279.04. The SEC filing for this sale provides additional information. Insiders sold a total of 1,873,252 shares of company stock worth $14,031,177 in the last three months. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on PTON shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a $10.00 price objective on shares of Peloton Interactive in a research report on Thursday, October 2nd. Wall Street Zen cut Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. The Goldman Sachs Group reiterated a “buy” rating and issued a $11.50 price objective on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $9.00 price objective on shares of Peloton Interactive in a research report on Monday, November 3rd. Eight investment 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $9.86.

Peloton Interactive Trading Up 2.3%

NASDAQ:PTON opened at $6.60 on Tuesday. The stock has a market capitalization of $2.76 billion, a PE ratio of -23.57, a P/E/G ratio of 1.88 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. The firm has a fifty day simple moving average of $7.63 and a 200 day simple moving average of $7.28.

Peloton Interactive (NASDAQ:PTON) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $550.80 million during the quarter, compared to analyst estimates 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. On average, equities analysts predict that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

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.