Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) CFO Elizabeth Coddington sold 21,819 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $3.87, for a total transaction of $84,439.53. Following the sale, the chief financial officer directly owned 346,535 shares in the company, valued at $1,341,090.45. This trade represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Peloton Interactive Stock Performance
PTON stock opened at $4.13 on Wednesday. Peloton Interactive, Inc. has a one year low of $3.65 and a one year high of $9.20. The firm’s fifty day moving average is $4.96 and its 200 day moving average is $6.44. The firm has a market cap of $1.76 billion, a PE ratio of -31.77, a P/E/G ratio of 0.77 and a beta of 2.47.
Peloton Interactive (NASDAQ:PTON – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). During the same period last year, the business posted ($0.24) EPS. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. Research analysts predict that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.
Key Peloton Interactive News
- Positive Sentiment: Peloton launched a Commercial Series bike and tread built for high‑traffic gyms, signaling a push beyond at‑home equipment into the commercial fitness market — a direct growth catalyst for revenue diversification. Peloton Officially Heads to the Gym
- Positive Sentiment: Peloton named Sarah Robb O’Hagan as Chief Content and Member Development Officer to accelerate content, membership growth and the company’s evolution into a broader connected‑wellness player — a strategic hire that complements the commercial push. Sarah Robb O’Hagan Appointed
- Positive Sentiment: Market reaction / media: coverage framed the product launch + hire as the catalyst for the intraday rally, with headlines noting a sizable morning surge tied to those announcements. Why Peloton Stock Skyrocketed
- Positive Sentiment: Unusual options activity: traders bought ~49,577 call options (≈+73% vs. average), suggesting speculative bullish positioning that likely magnified the upside on the news. Options Activity / Market Data
- Neutral Sentiment: Bullish writeups and investor theses have circulated recently, recycling value/bull arguments and attracting attention from retail investors; those pieces can support sentiment but are speculative. Is PTON A Good Stock To Buy Now?
- Negative Sentiment: Insider selling: VP Nick V. Caldwell and CFO Elizabeth F. Coddington disclosed sales (combined ~64k shares), which investors often view as a negative signal about near‑term insider conviction. Filings: SEC links. Caldwell Form 4 Coddington Form 4
- Negative Sentiment: Critical coverage: at least one bearish piece argues Peloton’s structural problems persist and that management changes and product tweaks may not reverse long‑term damage, a narrative that can limit sustained rallies. The Destruction of Peloton Continues
Institutional Investors Weigh In On Peloton Interactive
Several institutional investors have recently bought and sold shares of the company. Sankala Group LLC purchased a new stake in Peloton Interactive during the 4th quarter worth approximately $31,000. MAI Capital Management lifted its position in shares of Peloton Interactive by 64.6% in the second quarter. MAI Capital Management now owns 5,498 shares of the company’s stock valued at $38,000 after acquiring an additional 2,158 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Peloton Interactive in the third quarter worth approximately $48,000. Evolve Private Wealth LLC acquired a new stake in shares of Peloton Interactive in the fourth quarter worth approximately $62,000. Finally, NewEdge Advisors LLC increased its position in shares of Peloton Interactive by 575.2% during the fourth quarter. NewEdge Advisors LLC now owns 10,182 shares of the company’s stock worth $63,000 after purchasing an additional 8,674 shares in the last quarter. 77.01% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on PTON. Weiss Ratings reiterated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Friday, January 9th. JPMorgan Chase & Co. reduced their target price on Peloton Interactive from $9.00 to $6.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Truist Financial decreased their target price on Peloton Interactive from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Bank of America set a $9.00 price target on shares of Peloton Interactive in a research note on Friday, January 30th. Finally, Argus lowered shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $8.42.
View Our Latest Stock Report on Peloton Interactive
Peloton Interactive Company Profile
Peloton Interactive, Inc operates a digital fitness platform that combines connected exercise equipment with live and on-demand workout classes. The company’s core products include stationary bikes (Peloton Bike and Bike+), treadmills (Peloton Tread and Tread+), and the Peloton Row. Each device integrates a touchscreen display that streams instructor-led cycling, running, strength, yoga, meditation and other fitness classes. Peloton generates recurring revenue through subscription plans, which grant users access to its growing library of workouts, performance tracking tools and community features.
Founded in 2012 by John Foley and headquartered in New York City, Peloton set out to deliver an immersive home-fitness experience by blending hardware, software and content.
Further Reading
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