Peloton Interactive (NASDAQ:PTON) COO Charles Peter Kirol Sells 6,419 Shares

Peloton Interactive, Inc. (NASDAQ:PTON) COO Charles Peter Kirol sold 6,419 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $4.14, for a total transaction of $26,574.66. Following the transaction, the chief operating officer owned 88,408 shares of the company’s stock, valued at $366,009.12. This represents a 6.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Charles Peter Kirol also recently made the following trade(s):

• On Wednesday, January 21st, Charles Peter Kirol sold 3,399 shares of Peloton Interactive stock. The shares were sold at an average price of $5.85, for a total transaction of $19,884.15.
• On Friday, January 16th, Charles Peter Kirol sold 22,520 shares of Peloton Interactive stock. The stock was sold at an average price of $6.47, for a total transaction of $145,704.40.

Peloton Interactive Trading Up 3.1%

Peloton Interactive stock opened at $4.32 on Thursday. The firm has a 50 day simple moving average of $5.83 and a 200 day simple moving average of $6.95. Peloton Interactive, Inc. has a 1-year low of $4.08 and a 1-year high of $10.02. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of -33.23, a P/E/G ratio of 0.83 and a beta of 2.41.

Peloton Interactive (NASDAQ:PTON) last posted its earnings results on Thursday, February 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The business had revenue of $656.50 million during the quarter, compared to analysts’ expectations of $675.04 million. Peloton Interactive’s quarterly 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, equities research analysts forecast that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

Institutional Investors Weigh In On Peloton Interactive

Several hedge funds have recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in shares of Peloton Interactive by 1,602.6% during the 2nd quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock valued at $37,000 after purchasing an additional 5,000 shares during the last quarter. Advisory Services Network LLC bought a new position in Peloton Interactive during the third quarter valued at approximately $48,000. MAI Capital Management raised its stake in shares of Peloton Interactive by 64.6% during the second quarter. MAI Capital Management now owns 5,498 shares of the company’s stock worth $38,000 after acquiring an additional 2,158 shares in the last quarter. Quarry LP bought a new stake in shares of Peloton Interactive in the 3rd quarter worth approximately $71,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Peloton Interactive by 158.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock valued at $72,000 after purchasing an additional 4,894 shares in the last quarter. Institutional investors own 77.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PTON. Guggenheim began coverage on shares of Peloton Interactive in a report on Wednesday, December 10th. They issued a “neutral” rating on the stock. Wall Street Zen downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. UBS Group restated a “buy” rating on shares of Peloton Interactive in a research report on Tuesday, February 3rd. Morgan Stanley increased their price objective on Peloton Interactive from $6.00 to $6.50 and gave the stock an “equal weight” rating in a research report on Wednesday, November 19th. Finally, Macquarie Infrastructure upped their target price on Peloton Interactive from $11.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $8.42.

Key Peloton Interactive News

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

• Neutral Sentiment: Brokerage consensus remains cautious — Peloton has an average analyst recommendation of “Hold,” which points to limited near‑term upside from analysts’ views. Peloton Given Average Recommendation of “Hold” by Brokerages
• Negative Sentiment: Large CFO sale — CFO Elizabeth Coddington sold 238,013 shares (~40.7% reduction of her holdings) at an average price of $4.18, a substantial insider reduction that can signal management liquidity needs or reduced conviction and often weighs on investor sentiment. CFO Form 4 Filing
• Negative Sentiment: Other senior insider sales — Several other executives sold meaningful positions on Feb 17–18, including Nick V. Caldwell (50,570 shares at $4.15), Jennifer Cunningham Cotter (125,432 shares at $4.15), Dion C. Sanders (88,242 shares at $4.14), Charles Peter Kirol (6,419 shares at $4.14), and Saqib Baig (30,918 and 5,722 shares at ~$4.14–$4.31). These cumulative sales materially reduce insider ownership and can amplify negative sentiment. Representative SEC filings: Caldwell filing. Caldwell Form 4 Filing

About Peloton Interactive

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.