Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) Director Chris Bruzzo sold 13,524 shares of Peloton Interactive stock in a transaction on Friday, November 1st. The stock was sold at an average price of $8.24, for a total transaction of $111,437.76. Following the transaction, the director now directly owns 167,362 shares of the company's stock, valued at $1,379,062.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Chris Bruzzo also recently made the following trade(s):
- On Friday, October 18th, Chris Bruzzo sold 24,977 shares of Peloton Interactive stock. The shares were sold at an average price of $5.80, for a total value of $144,866.60.
Peloton Interactive Price Performance
NASDAQ PTON opened at $7.51 on Tuesday. The firm's fifty day moving average price is $5.17 and its 200 day moving average price is $4.10. Peloton Interactive, Inc. has a 12 month low of $2.70 and a 12 month high of $8.92. The company has a market capitalization of $2.83 billion, a price-to-earnings ratio of -7.02 and a beta of 1.92.
Trump won. Buy this coin now.
From Weiss Ratings | Ad
Juan Villaverde called the top and bottom of every crypto bull market since 2012.
He believes Bitcoin will go to $150,000 — or more.
But there’s one coin he thinks could go even higher.
This could be his favorite coin.
Peloton Interactive (NASDAQ:PTON - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.01). The firm had revenue of $586.00 million for the quarter, compared to analyst estimates of $572.97 million. The company's revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.44) EPS. As a group, sell-side analysts forecast that Peloton Interactive, Inc. will post -0.65 earnings per share for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Abundance Wealth Counselors boosted its stake in shares of Peloton Interactive by 24.7% in the second quarter. Abundance Wealth Counselors now owns 13,380 shares of the company's stock valued at $45,000 after buying an additional 2,654 shares in the last quarter. Signaturefd LLC lifted its holdings in Peloton Interactive by 2.7% in the second quarter. Signaturefd LLC now owns 113,645 shares of the company's stock valued at $384,000 after acquiring an additional 3,032 shares during the period. Arizona State Retirement System boosted its position in shares of Peloton Interactive by 3.8% during the 2nd quarter. Arizona State Retirement System now owns 92,781 shares of the company's stock worth $314,000 after purchasing an additional 3,377 shares in the last quarter. Kohmann Bosshard Financial Services LLC grew its stake in shares of Peloton Interactive by 50.0% during the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 15,000 shares of the company's stock worth $70,000 after purchasing an additional 5,000 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Peloton Interactive by 4.3% in the second quarter. Commonwealth Equity Services LLC now owns 133,765 shares of the company's stock valued at $452,000 after purchasing an additional 5,463 shares during the period. 77.01% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have weighed in on PTON shares. BMO Capital Markets lifted their target price on Peloton Interactive from $6.50 to $8.50 and gave the company a "market perform" rating in a research report on Monday. Roth Mkm upped their price objective on shares of Peloton Interactive from $5.00 to $6.00 and gave the stock a "buy" rating in a research note on Friday, August 23rd. Robert W. Baird increased their target price on shares of Peloton Interactive from $4.75 to $8.00 and gave the stock a "neutral" rating in a report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Peloton Interactive from $5.00 to $7.00 and gave the company a "neutral" rating in a report on Friday. Finally, Morgan Stanley increased their price objective on shares of Peloton Interactive from $3.50 to $5.00 and gave the company an "equal weight" rating in a research note on Friday. Sixteen investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Peloton Interactive currently has a consensus rating of "Hold" and a consensus target price of $6.57.
Get Our Latest Stock Analysis on PTON
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
