10,557 Shares in Peloton Interactive, Inc. (NASDAQ:PTON) Bought by Candriam S.C.A.

Candriam S.C.A. acquired a new position in shares of Peloton Interactive, Inc. (NASDAQ:PTON) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,557 shares of the company’s stock, valued at approximately $92,000.

Other institutional investors and hedge funds have also modified their holdings of the company. R Squared Ltd bought a new position in Peloton Interactive in the fourth quarter valued at about $28,000. Point72 Asia Singapore Pte. Ltd. raised its position in Peloton Interactive by 31.9% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,605 shares of the company’s stock valued at $31,000 after purchasing an additional 1,597 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Peloton Interactive in the fourth quarter valued at about $69,000. Jones Financial Companies Lllp raised its position in Peloton Interactive by 33.9% in the fourth quarter. Jones Financial Companies Lllp now owns 9,496 shares of the company’s stock valued at $83,000 after purchasing an additional 2,403 shares during the last quarter. Finally, Matauro LLC bought a new position in Peloton Interactive in the fourth quarter valued at about $90,000. 77.01% of the stock is currently owned by institutional investors.

Peloton Interactive Stock Performance

Shares of NASDAQ:PTON opened at $5.62 on Tuesday. The business’s 50 day simple moving average is $8.32 and its two-hundred day simple moving average is $7.40. The firm has a market cap of $2.19 billion, a P/E ratio of -7.30 and a beta of 1.95. Peloton Interactive, Inc. has a 52-week low of $2.70 and a 52-week high of $10.90.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings results on Thursday, February 6th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04). On average, equities analysts forecast that Peloton Interactive, Inc. will post -0.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Peloton Interactive news, CAO Saqib Baig sold 22,662 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.75, for a total value of $220,954.50. Following the completion of the sale, the chief accounting officer now directly owns 130,031 shares of the company’s stock, valued at $1,267,802.25. This trade represents a 14.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Andrew S. Rendich sold 121,883 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $9.54, for a total value of $1,162,763.82. Following the completion of the sale, the insider now directly owns 404,188 shares of the company’s stock, valued at $3,855,953.52. This represents a 23.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 584,719 shares of company stock worth $4,958,301. 1.34% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. The Goldman Sachs Group increased their target price on Peloton Interactive from $8.00 to $10.00 and gave the company a “neutral” rating in a research report on Monday, February 10th. Argus raised Peloton Interactive from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Tuesday, February 11th. Telsey Advisory Group reissued a “market perform” rating and issued a $11.00 price target on shares of Peloton Interactive in a research note on Monday, February 3rd. Citigroup decreased their price target on Peloton Interactive from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Monday, February 10th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a research note on Thursday, February 6th. Sixteen analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $8.38.

Peloton Interactive Company Profile

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.