Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) CFO Elizabeth F. Coddington sold 38,151 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $6.83, for a total transaction of $260,571.33. Following the transaction, the chief financial officer now directly owns 258,880 shares of the company’s stock, valued at $1,768,150.40. This trade represents a 12.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Peloton Interactive Trading Down 6.5 %
PTON opened at $6.59 on Tuesday. The company has a fifty day simple moving average of $8.07 and a 200 day simple moving average of $7.46. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of -8.56 and a beta of 1.95. Peloton Interactive, Inc. has a twelve month low of $2.70 and a twelve month high of $10.90.
Peloton Interactive (NASDAQ:PTON – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04). On average, analysts forecast that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Peloton Interactive
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Macquarie reaffirmed a “neutral” rating and set a $9.00 price target on shares of Peloton Interactive in a research report on Monday, February 10th. UBS Group raised shares of Peloton Interactive from a “sell” rating to a “neutral” rating and upped their price target for the stock from $2.50 to $10.00 in a research report on Friday, December 6th. JMP Securities reaffirmed a “market perform” rating on shares of Peloton Interactive in a research report on Friday, February 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a research report on Thursday, February 6th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $11.00 price target on shares of Peloton Interactive in a research report on Monday, February 3rd. Fifteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.69.
View Our Latest Analysis on Peloton Interactive
About Peloton Interactive
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.
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