Mariana Garavaglia Sells 10,416 Shares of Peloton Interactive, Inc. (NASDAQ:PTON) Stock

Peloton Interactive, Inc. (NASDAQ:PTON) insider Mariana Garavaglia sold 10,416 shares of the firm’s stock in a transaction that occurred on Monday, June 7th. The shares were sold at an average price of $110.00, for a total transaction of $1,145,760.00. Following the transaction, the insider now directly owns 12,577 shares of the company’s stock, valued at approximately $1,383,470. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Mariana Garavaglia also recently made the following trade(s):

  • On Friday, May 28th, Mariana Garavaglia sold 9,375 shares of Peloton Interactive stock. The shares were sold at an average price of $112.27, for a total transaction of $1,052,531.25.
  • On Wednesday, May 26th, Mariana Garavaglia sold 21,512 shares of Peloton Interactive stock. The shares were sold at an average price of $110.07, for a total transaction of $2,367,825.84.
  • On Monday, May 17th, Mariana Garavaglia sold 1,896 shares of Peloton Interactive stock. The shares were sold at an average price of $93.82, for a total transaction of $177,882.72.
  • On Wednesday, March 31st, Mariana Garavaglia sold 9,375 shares of Peloton Interactive stock. The shares were sold at an average price of $110.10, for a total transaction of $1,032,187.50.
  • On Monday, March 22nd, Mariana Garavaglia sold 65,453 shares of Peloton Interactive stock. The shares were sold at an average price of $110.09, for a total transaction of $7,205,720.77.

Shares of Peloton Interactive stock opened at $106.08 on Friday. The stock’s fifty day simple moving average is $103.99. The stock has a market cap of $31.64 billion, a PE ratio of 171.10 and a beta of 0.68. Peloton Interactive, Inc. has a 1-year low of $45.51 and a 1-year high of $171.09. The company has a quick ratio of 2.26, a current ratio of 2.74 and a debt-to-equity ratio of 0.41.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings results on Thursday, May 6th. The company reported ($0.03) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.08. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Peloton Interactive had a net margin of 5.78% and a return on equity of 11.53%. The company’s revenue was up 140.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.20) EPS. On average, equities research analysts expect that Peloton Interactive, Inc. will post -0.08 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eudaimonia Partners LLC purchased a new position in shares of Peloton Interactive during the 4th quarter valued at $29,000. Signet Investment Advisory Group Inc. purchased a new position in shares of Peloton Interactive during the 4th quarter valued at $30,000. First Quadrant L P CA purchased a new position in shares of Peloton Interactive during the 1st quarter valued at $25,000. Childress Capital Advisors LLC purchased a new position in shares of Peloton Interactive during the 4th quarter valued at $36,000. Finally, Regency Capital Management Inc. DE purchased a new position in shares of Peloton Interactive during the 1st quarter valued at $28,000. Institutional investors own 68.75% of the company’s stock.

PTON has been the subject of a number of analyst reports. Loop Capital initiated coverage on shares of Peloton Interactive in a research note on Monday. They set a “buy” rating and a $140.00 target price for the company. JMP Securities reduced their price target on shares of Peloton Interactive from $180.00 to $135.00 in a research report on Friday, May 7th. Credit Suisse Group reduced their price target on shares of Peloton Interactive from $164.00 to $152.00 and set an “outperform” rating for the company in a research report on Friday, May 7th. Evercore ISI reissued an “in-line” rating and set a $125.00 price target (down previously from $160.00) on shares of Peloton Interactive in a research report on Tuesday, April 13th. Finally, MKM Partners raised shares of Peloton Interactive from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a research report on Monday, March 8th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $141.53.

Peloton Interactive Company Profile

Peloton Interactive, Inc provides interactive fitness products in North America and internationally. 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 Interactive (NASDAQ:PTON)

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