Peloton Interactive Inc (NASDAQ:PTON) shares traded -3.54% lower at $8.45 on Wall Street last session.
PTON stock price is now -4.79% away from the 50-day moving average and 41.69% away from the 200-day moving average. The market capitalization of the company currently stands at $3.30B.
With the price target maintained at $15, Argus recently Upgraded its rating from Hold to Buy for Peloton Interactive Inc (NASDAQ: PTON). On December 06, 2024, UBS Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock increasing its target price from $2.50 to quote $10, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Cotter Jennifer Cunningham, Chief Content Officer sold 47,457 shares of the company’s stock on Feb 20 ’25. The stock was sold for $432,319 at an average price of $9.11. Upon completion of the transaction, the Chief Content Officer now directly owns 287,507 shares in the company, valued at $2.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Chief Supply Chain Officer RENDICH ANDREW S sold 24,214 shares of the business’s stock. A total of $220,602 was realized by selling the stock at an average price of $9.11. This leaves the insider owning 379,974 shares of the company worth $3.21 million. A total of 6.64% of the company’s stock is owned by insiders.
During the past 12 months, Peloton Interactive Inc has had a low of $2.70 and a high of $10.90.
The company reported revenue of $673.9 million for the quarter, compared to $743.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.37 percent.
