1 day Ago By ABMN Staff
Arizona State Retirement System increased its stake in shares of Peloton Interactive, Inc. ( NASDAQ:PTON – Free Report ) by 3.8% during the second quarter, HoldingsChannel reports.
The fund owned 92,781 shares of the company’s stock after acquiring an additional 3,377 shares during the quarter. Arizona State Retirement System’s holdings in Peloton Interactive were worth $314,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds have also bought and sold shares of PTON.
Charles Schwab Investment Management Inc. boosted its stake in shares of Peloton Interactive by 13.2% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 2,528,222 shares of the company’s stock valued at $15,397,000 after purchasing an additional 295,436 shares in the last quarter. Russell Investments Group Ltd.
boosted its stake in shares of Peloton Interactive by 25,397.7% in the 1st quarter. Russell Investments Group Ltd.
now owns 393,685 shares of the company’s stock valued at $1,687,000 after purchasing an additional 392,141 shares in the last quarter. Seven Eight Capital LP acquired a new stake in shares of Peloton Interactive in the 4th quarter valued at $855,000. Private Advisor Group LLC lifted its position in Peloton Interactive by 11.
5% during the 4th quarter. Private Advisor Group LLC now owns 37,373 shares of the company’s stock worth $228,000 after buying an additional 3,855 shares in the last quarter. Finally, Vanguard Group Inc.
lifted its position in Peloton Interactive by 4.0% during the 1st quarter. Vanguard Group Inc.
now owns 31,554,832 shares of the company’s stock worth $135,212,000 after buying an additional 1,215,397 shares in the last quarter. Institutional investors own 77.01% of the company’s stock.
Insiders Place Their Bets In other news, CEO Karen Boone sold 14,841 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $3.31, for a total transaction of $49,123.
71. Following the completion of the sale, the chief executive officer now owns 116,171 shares in the company, valued at $384,526.01.
The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . In related news, CEO Karen Boone sold 14,841 shares of the company’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $3.
31, for a total transaction of $49,123.71. Following the completion of the sale, the chief executive officer now owns 116,171 shares in the company, valued at $384,526.
01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Also, insider Nick V.
Caldwell purchased 31,337 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were bought at an average price of $4.25 per share, with a total value of $133,182.
25. Following the acquisition, the insider now directly owns 31,337 shares of the company’s stock, valued at approximately $133,182.25.
The disclosure for this purchase can be found here . Over the last three months, insiders sold 172,857 shares of company stock worth $771,710. 3.
28% of the stock is owned by corporate insiders. Peloton Interactive Stock Down 2.5 % Peloton Interactive ( NASDAQ:PTON – Get Free Report ) last announced its quarterly earnings results on Thursday, August 22nd.
The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.
10. The firm had revenue of $644.00 million for the quarter, compared to analyst estimates of $633.
00 million. The business’s revenue for the quarter was up .3% compared to the same quarter last year.
During the same period in the previous year, the business posted ($0.68) earnings per share. On average, analysts anticipate that Peloton Interactive, Inc.
will post -0.65 EPS for the current fiscal year. Analyst Ratings Changes Several research analysts recently issued reports on the stock.
Macquarie reiterated a “neutral” rating and set a $2.53 price target on shares of Peloton Interactive in a research report on Thursday, August 22nd. JMP Securities reiterated a “market perform” rating on shares of Peloton Interactive in a research report on Tuesday, July 2nd.
Roth Mkm upped their price target on shares of Peloton Interactive from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.
Sanford C. Bernstein boosted their price objective on Peloton Interactive from $3.80 to $4.
25 and gave the stock a “market perform” rating in a report on Friday, August 23rd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 22nd. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have issued a buy rating to the company.
According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $4.57. Read Our Latest Analysis on Peloton Interactive About Peloton Interactive ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding PTON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Peloton Interactive, Inc.
( NASDAQ:PTON – Free Report ). Receive News & Ratings for Peloton Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peloton Interactive and related companies with MarketBeat.com's FREE daily email newsletter .
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