Saqib Baig Sells 2,387 Shares of Peloton Interactive (NASDAQ:PTON) Stock

Key Points

  • Dion Sanders sold 111,036 shares of Peloton (PTON) on November 20 at an average price of $6.64, a transaction totaling about $737,279 disclosed in an SEC filing.
  • Peloton shares traded near $6.45 mid-day; the company reported quarterly EPS of $0.03 (beating the $0.01 estimate) and revenue of $550.8M, though revenue was down about 6% year‑over‑year.
  • Analyst sentiment is mixed with an average rating of Hold and an average price target of $9.86, while institutional investors own roughly 77% of the stock and have made only modest stake adjustments recently.

Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) CAO Saqib Baig sold 2,387 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $6.97, for a total value of $16,637.39. Following the completion of the transaction, the chief accounting officer owned 190,665 shares in the company, valued at approximately $1,328,935.05. The trade was a 1.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Saqib Baig also recently made the following trade(s):

  • On Monday, November 17th, Saqib Baig sold 42,267 shares of Peloton Interactive stock. The stock was sold at an average price of $7.25, for a total value of $306,435.75.

Peloton Interactive Stock Up 0.9%

Peloton Interactive stock traded up $0.06 during mid-day trading on Friday, hitting $6.45. The company had a trading volume of 13,689,476 shares, compared to its average volume of 11,362,825. Peloton Interactive, Inc. has a 1 year low of $4.63 and a 1 year high of $10.90. The business has a fifty day moving average of $7.67 and a 200 day moving average of $7.27. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of -23.03, a PEG ratio of 1.86 and a beta of 2.33.




Peloton Interactive (NASDAQ:PTON - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $550.80 million for the quarter, compared to analysts' expectations of $540.61 million. The business's revenue was down 6.0% on a year-over-year basis. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Peloton Interactive, Inc. will post -0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PTON has been the subject of several research analyst reports. UBS Group upgraded shares of Peloton Interactive from a "neutral" rating to a "buy" rating and upped their price objective for the company from $7.50 to $11.00 in a research note on Wednesday, July 30th. Truist Financial boosted their target price on Peloton Interactive from $11.00 to $12.00 and gave the company a "buy" rating in a report on Friday, November 7th. Morgan Stanley upped their target price on Peloton Interactive from $6.00 to $6.50 and gave the company an "equal weight" rating in a research report on Wednesday. Needham & Company LLC restated a "hold" rating on shares of Peloton Interactive in a research note on Thursday, August 7th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $10.00 price target on shares of Peloton Interactive in a research report on Thursday, October 2nd. Eight 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. According to MarketBeat.com, Peloton Interactive currently has a consensus rating of "Hold" and an average price target of $9.86.

Check Out Our Latest Stock Report on Peloton Interactive

Institutional Trading of Peloton Interactive

Hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in shares of Peloton Interactive by 1.8% during the first quarter. Bank of New York Mellon Corp now owns 988,547 shares of the company's stock worth $6,248,000 after acquiring an additional 17,584 shares during the period. Cerity Partners LLC boosted its holdings in Peloton Interactive by 75.9% in the 1st quarter. Cerity Partners LLC now owns 127,610 shares of the company's stock valued at $806,000 after purchasing an additional 55,073 shares in the last quarter. CWM LLC increased its position in Peloton Interactive by 62.4% during the 1st quarter. CWM LLC now owns 57,335 shares of the company's stock worth $362,000 after purchasing an additional 22,037 shares during the period. Victory Capital Management Inc. increased its position in Peloton Interactive by 4.4% during the 1st quarter. Victory Capital Management Inc. now owns 43,944 shares of the company's stock worth $278,000 after purchasing an additional 1,860 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Peloton Interactive during the 1st quarter worth approximately $466,000. Institutional investors and hedge funds own 77.01% of the company's stock.

Peloton Interactive Company Profile

(Get Free Report)

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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