Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) insider Nick V. Caldwell sold 63,925 shares of the stock in a transaction on Monday, June 16th. The shares were sold at an average price of $6.99, for a total transaction of $446,835.75. Following the transaction, the insider now directly owns 578,668 shares in the company, valued at approximately $4,044,889.32. The trade was a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Peloton Interactive Stock Performance
Shares of Peloton Interactive stock traded down $0.04 during trading hours on Friday, hitting $6.18. The company's stock had a trading volume of 13,220,963 shares, compared to its average volume of 15,474,337. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -14.05 and a beta of 2.15. Peloton Interactive, Inc. has a twelve month low of $2.83 and a twelve month high of $10.90. The firm has a fifty day moving average of $6.63 and a 200-day moving average of $7.55.
Peloton Interactive (NASDAQ:PTON - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.06). The business had revenue of $624.00 million for the quarter, compared to the consensus estimate of $620.39 million. During the same quarter in the prior year, the firm earned ($0.45) earnings per share. Peloton Interactive's revenue was down 13.1% compared to the same quarter last year. On average, sell-side analysts expect that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. decreased their target price on Peloton Interactive from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Morgan Stanley decreased their price objective on Peloton Interactive from $5.75 to $4.00 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Macquarie raised shares of Peloton Interactive from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $9.00 to $10.00 in a report on Tuesday, May 13th. Bank of America decreased their price target on shares of Peloton Interactive from $11.50 to $9.50 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Finally, Canaccord Genuity Group raised shares of Peloton Interactive from a "hold" rating to a "buy" rating and set a $10.00 price objective for the company in a research note on Friday, March 14th. Thirteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $8.30.
Check Out Our Latest Analysis on PTON
Hedge Funds Weigh In On Peloton Interactive
A number of hedge funds have recently made changes to their positions in PTON. Vanguard Group Inc. lifted its stake in Peloton Interactive by 6.2% during the 1st quarter. Vanguard Group Inc. now owns 37,246,652 shares of the company's stock worth $235,399,000 after acquiring an additional 2,186,862 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Peloton Interactive by 29.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 21,760,678 shares of the company's stock valued at $137,528,000 after purchasing an additional 4,940,422 shares in the last quarter. DME Capital Management LP increased its stake in Peloton Interactive by 10.4% during the 4th quarter. DME Capital Management LP now owns 10,522,687 shares of the company's stock worth $91,547,000 after buying an additional 992,797 shares during the period. Geode Capital Management LLC lifted its holdings in Peloton Interactive by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 8,270,328 shares of the company's stock worth $71,969,000 after buying an additional 170,901 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its position in Peloton Interactive by 1.5% in the 4th quarter. Two Sigma Advisers LP now owns 7,551,800 shares of the company's stock valued at $65,701,000 after buying an additional 110,900 shares during the period. Hedge funds and other institutional investors 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.
Recommended Stories

Before you consider Peloton Interactive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Peloton Interactive wasn't on the list.
While Peloton Interactive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.