Peloton (NASDAQ:PTON) President William Lynch sold 183,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $131.46, for a total value of $24,122,910.00. Following the completion of the sale, the president now directly owns 125,000 shares in the company, valued at approximately $16,432,500. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

William Lynch also recently made the following trade(s):

  • On Monday, September 14th, William Lynch sold 313,500 shares of Peloton stock. The shares were sold at an average price of $80.88, for a total value of $25,355,880.00.

Shares of NASDAQ:PTON opened at $131.33 on Friday. The company has a 50 day moving average price of $96.30 and a two-hundred day moving average price of $61.60. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.96 and a current ratio of 3.32. The company has a market capitalization of $37.91 billion and a PE ratio of -92.49. Peloton has a 52 week low of $17.70 and a 52 week high of $139.75.

Peloton (NASDAQ:PTON) last announced its quarterly earnings results on Thursday, September 10th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.17. The company had revenue of $607.10 million during the quarter, compared to analyst estimates of $579.67 million. Peloton had a negative net margin of 3.93% and a negative return on equity of 4.64%. The firm’s revenue was up 171.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.07) EPS. On average, sell-side analysts forecast that Peloton will post -0.14 earnings per share for the current year.

A number of research analysts have commented on the stock. Wedbush raised their price target on shares of Peloton from $66.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 9th. Argus lifted their price objective on Peloton from $55.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Stifel Nicolaus lifted their target price on shares of Peloton from $72.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, September 11th. MKM Partners boosted their price objective on Peloton from $36.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 8th. Finally, UBS Group raised their target price on Peloton from $58.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, September 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $102.64.

Several institutional investors have recently made changes to their positions in the business. FMR LLC boosted its stake in Peloton by 402.5% in the 2nd quarter. FMR LLC now owns 16,283,996 shares of the company’s stock worth $940,726,000 after purchasing an additional 13,043,301 shares during the period. Vanguard Group Inc. grew its position in Peloton by 317.6% in the second quarter. Vanguard Group Inc. now owns 14,707,540 shares of the company’s stock valued at $849,654,000 after purchasing an additional 11,185,667 shares in the last quarter. Capital Research Global Investors increased its stake in Peloton by 478.1% in the 1st quarter. Capital Research Global Investors now owns 8,060,627 shares of the company’s stock valued at $214,010,000 after buying an additional 6,666,218 shares during the last quarter. FIL Ltd lifted its position in Peloton by 304.8% during the 2nd quarter. FIL Ltd now owns 5,274,500 shares of the company’s stock worth $304,708,000 after buying an additional 3,971,475 shares in the last quarter. Finally, Soros Fund Management LLC lifted its position in Peloton by 966.0% during the 1st quarter. Soros Fund Management LLC now owns 2,994,155 shares of the company’s stock worth $79,495,000 after buying an additional 2,713,283 shares in the last quarter. Institutional investors own 59.54% of the company’s stock.

Peloton Company Profile

Peloton Interactive, Inc provides interactive fitness products in North America. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness subscriptions for multiple household users, and access to all live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes.

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Insider Buying and Selling by Quarter for Peloton (NASDAQ:PTON)

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