Peloton Interactive, Inc. $PTON Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. trimmed its holdings in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 84.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 84,696 shares of the company’s stock after selling 452,833 shares during the period. Federated Hermes Inc.’s holdings in Peloton Interactive were worth $762,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PTON. Vident Advisory LLC boosted its holdings in Peloton Interactive by 1.1% in the second quarter. Vident Advisory LLC now owns 110,258 shares of the company’s stock valued at $765,000 after purchasing an additional 1,180 shares during the last quarter. Kirr Marbach & Co. LLC IN lifted its holdings in Peloton Interactive by 0.3% in the third quarter. Kirr Marbach & Co. LLC IN now owns 471,946 shares of the company’s stock valued at $4,248,000 after acquiring an additional 1,464 shares during the period. MAI Capital Management boosted its position in Peloton Interactive by 64.6% in the 2nd quarter. MAI Capital Management now owns 5,498 shares of the company’s stock worth $38,000 after purchasing an additional 2,158 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Peloton Interactive by 4.3% during the 2nd quarter. Osaic Holdings Inc. now owns 59,883 shares of the company’s stock worth $416,000 after purchasing an additional 2,472 shares during the period. Finally, HB Wealth Management LLC increased its holdings in shares of Peloton Interactive by 17.4% during the 3rd quarter. HB Wealth Management LLC now owns 22,716 shares of the company’s stock valued at $204,000 after purchasing an additional 3,369 shares in the last quarter. Hedge funds and other institutional investors own 77.01% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on PTON. Zacks Research raised shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Wolfe Research set a $9.00 target price on shares of Peloton Interactive in a research note on Friday, January 30th. JPMorgan Chase & Co. dropped their target price on Peloton Interactive from $9.00 to $6.00 and set a “neutral” rating on the stock in a research report on Friday. UBS Group reiterated a “buy” rating on shares of Peloton Interactive in a research report on Tuesday. Finally, Telsey Advisory Group decreased their price objective on shares of Peloton Interactive from $8.00 to $6.00 and set a “market perform” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.26.

Peloton Interactive Trading Up 5.5%

Shares of NASDAQ PTON opened at $4.63 on Friday. The stock has a market cap of $1.93 billion, a PE ratio of -35.62, a P/E/G ratio of 0.97 and a beta of 2.41. Peloton Interactive, Inc. has a 12-month low of $4.09 and a 12-month high of $10.25. The company has a 50-day moving average of $6.19 and a 200 day moving average of $7.08.

Peloton Interactive (NASDAQ:PTON) last issued its earnings results on Thursday, February 5th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The firm had revenue of $656.50 million during 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 quarter in the prior year, the company posted ($0.24) EPS. On average, sell-side analysts forecast that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Peloton Interactive News Roundup

Here are the key news stories impacting Peloton Interactive this week:

• Positive Sentiment: Truist kept a “buy” rating and cut its price target to $9, which still implies substantial upside from current levels — a signal that at least some analysts see recovery potential. Benzinga
• Positive Sentiment: Bull case: management’s cost cuts, subscription price increases and margin expansion are improving EBITDA and cash flow, which some investors view as de‑risking the turnaround despite soft top‑line trends. Seeking Alpha
• Positive Sentiment: Unusually large call‑option volume was noted (about 68,000 calls), indicating speculative bullish interest or hedging activity that can amplify intraday moves.
• Neutral Sentiment: Full Q2 earnings and conference call transcripts are available for detail review — useful for investors who want to parse management commentary on subscriptions, product cadence and delivery timing. Earnings Transcript (Yahoo)
• Negative Sentiment: Peloton reported Q2 revenue and EPS below expectations and issued revenue guidance below consensus, which prompted the initial sell‑off. Yahoo: Shares Tumble
• Negative Sentiment: CFO Liz Coddington is leaving for Palmetto, creating near‑term leadership uncertainty at a sensitive time for the turnaround. WSJ
• Negative Sentiment: Several firms trimmed price targets or ratings (JPMorgan lowered its PT to $6 and moved to neutral; Telsey cut to $6 and to market perform), reflecting reduced near‑term confidence among some analysts. Benzinga
• Negative Sentiment: Market reaction: steep intraday/near‑term selling followed the earnings print and weak outlook, amplified by commentary about declining subscription trends and slower equipment upgrades. Barron’s

Insider Activity at Peloton Interactive

In other news, insider Dion C. Sanders sold 124,047 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.22, for a total transaction of $895,619.34. Following the transaction, the insider owned 111,036 shares of the company’s stock, valued at approximately $801,679.92. The trade was a 52.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Nick V. Caldwell sold 75,762 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $7.00, for a total transaction of $530,334.00. Following the completion of the sale, the insider directly owned 764,220 shares of the company’s stock, valued at $5,349,540. This represents a 9.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,107,129 shares of company stock valued at $7,708,694 in the last three months. Company insiders own 1.30% of the company’s stock.

Peloton Interactive Company Profile

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.