Key Points
- Peloton COO Charles Peter Kirol sold 19,806 shares on April 16 at an average price of $5.02 for about $99,426, reducing his position by 13.67% to 125,112 shares valued at roughly $628,062.
- Peloton's latest quarter missed expectations, with EPS of ($0.09) vs. consensus ($0.07) and revenue of $656.5M vs. $675.04M, a 2.5% year‑over‑year decline.
- The stock trades near $5.10 (12‑month range $3.65–$9.20) with a market cap of $2.17B; analysts' consensus rating is a Hold with an average price target of $8.60 and institutional investors owning about 77% of shares.
Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) COO Charles Peter Kirol sold 19,806 shares of the firm's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $5.02, for a total value of $99,426.12. Following the transaction, the chief operating officer directly owned 125,112 shares of the company's stock, valued at $628,062.24. The trade was a 13.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Charles Peter Kirol also recently made the following trade(s):
- On Tuesday, February 17th, Charles Peter Kirol sold 6,419 shares of Peloton Interactive stock. The shares were sold at an average price of $4.14, for a total value of $26,574.66.
- On Wednesday, January 21st, Charles Peter Kirol sold 3,399 shares of Peloton Interactive stock. The stock was sold at an average price of $5.85, for a total value of $19,884.15.
Peloton Interactive Trading Up 1.4%
NASDAQ:PTON opened at $5.10 on Friday. Peloton Interactive, Inc. has a 12-month low of $3.65 and a 12-month high of $9.20. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of -39.23, a price-to-earnings-growth ratio of 0.82 and a beta of 2.37. The company's 50-day moving average is $4.24 and its two-hundred day moving average is $5.89.
Peloton Interactive (NASDAQ:PTON - Get Free Report) last posted 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). The firm had revenue of $656.50 million for the quarter, compared to analyst estimates of $675.04 million. Peloton Interactive's revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.24) earnings per share. On average, equities research analysts forecast that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Peloton Interactive
A number of institutional investors and hedge funds have recently bought and sold shares of PTON. Sankala Group LLC purchased a new stake in shares of Peloton Interactive during the fourth quarter valued at approximately $31,000. Cora Capital Advisors LLC acquired a new stake in Peloton Interactive during the 1st quarter valued at $43,000. Advisory Services Network LLC purchased a new stake in Peloton Interactive during the 3rd quarter worth $48,000. Evolve Private Wealth LLC boosted its position in Peloton Interactive by 40.0% in the 1st quarter. Evolve Private Wealth LLC now owns 14,177 shares of the company's stock valued at $61,000 after buying an additional 4,051 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake 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 valued at $63,000 after acquiring an additional 8,674 shares in the last quarter. Hedge funds and other institutional investors own 77.01% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on PTON shares. Argus lowered Peloton Interactive from a "buy" rating to a "hold" rating in a research note on Tuesday, February 10th. Citigroup lowered their price target on Peloton Interactive from $8.25 to $5.00 and set a "neutral" rating for the company in a report on Thursday, February 12th. Bank of America set a $9.00 price objective on shares of Peloton Interactive in a research note on Friday, January 30th. Wall Street Zen cut shares of Peloton Interactive from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Zacks Research downgraded shares of Peloton Interactive from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $8.60.
Check Out Our Latest Research Report on Peloton Interactive
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.
Further Reading
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