Key Points
- COO share sale: Peloton COO Charles Peter Kirol sold 3,399 shares on Jan. 21 at $5.85 for $19,884, leaving him with 77,602 shares (~$453,972) and a 4.20% ownership drop; he also sold 22,520 shares on Jan. 16 and 7,936 on Nov. 17, indicating continued insider selling.
- Stock and outlook: PTON traded around $5.80 (12‑month range $4.63–$10.25) with a $2.42B market cap and negative P/E; Peloton beat EPS estimates last quarter despite a 6% YoY revenue decline, and analysts hold a consensus "Hold" rating with a $9.86 price target.
Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) COO Charles Peter Kirol sold 3,399 shares of Peloton Interactive stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $5.85, for a total transaction of $19,884.15. Following the completion of the transaction, the chief operating officer directly owned 77,602 shares in the company, valued at approximately $453,971.70. This trade represents a 4.20% 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.
Charles Peter Kirol also recently made the following trade(s):
- On Friday, January 16th, Charles Peter Kirol sold 22,520 shares of Peloton Interactive stock. The shares were sold at an average price of $6.47, for a total transaction of $145,704.40.
- On Monday, November 17th, Charles Peter Kirol sold 7,936 shares of Peloton Interactive stock. The stock was sold at an average price of $7.29, for a total transaction of $57,853.44.
Peloton Interactive Stock Performance
NASDAQ PTON opened at $5.80 on Friday. Peloton Interactive, Inc. has a twelve month low of $4.63 and a twelve month high of $10.25. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of -20.71, a PEG ratio of 1.75 and a beta of 2.40. The firm's 50 day moving average price is $6.44 and its two-hundred day moving average price is $7.15.
Peloton Interactive (NASDAQ:PTON - Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The firm had revenue of $550.80 million for the quarter, compared to analyst estimates of $540.61 million. Peloton Interactive's quarterly revenue was down 6.0% on a year-over-year basis. On average, research analysts forecast that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.
Hedge Funds Weigh In On Peloton Interactive
A number of hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. acquired a new position in shares of Peloton Interactive during the 2nd quarter worth $338,000. Voya Investment Management LLC lifted its stake in shares of Peloton Interactive by 325.5% in the 3rd quarter. Voya Investment Management LLC now owns 429,929 shares of the company's stock valued at $3,869,000 after purchasing an additional 328,894 shares during the last quarter. Eminence Capital LP bought a new stake in Peloton Interactive in the second quarter worth $112,681,000. Geode Capital Management LLC increased its position in Peloton Interactive by 5.7% during the second quarter. Geode Capital Management LLC now owns 9,141,542 shares of the company's stock worth $63,450,000 after buying an additional 490,353 shares during the last quarter. Finally, Pacer Advisors Inc. acquired a new position in Peloton Interactive during the third quarter worth $17,387,000. Institutional investors and hedge funds own 77.01% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have commented on PTON shares. Morgan Stanley raised their price objective on Peloton Interactive from $6.00 to $6.50 and gave the stock an "equal weight" rating in a research report on Wednesday, November 19th. Macquarie increased their price target on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 11th. Weiss Ratings restated a "sell (d-)" rating on shares of Peloton Interactive in a report on Friday, January 9th. Wall Street Zen lowered shares of Peloton Interactive from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Finally, Truist Financial increased their target price on shares of Peloton Interactive from $11.00 to $12.00 and gave the stock a "buy" rating in a research report on Friday, November 7th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $9.86.
View Our Latest Analysis on PTON
Peloton Interactive Company Profile
(
Get Free Report)
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.
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