Peloton Interactive Inc (NASDAQ:PTON) shares traded 2.14% higher at $5.74 on Wall Street last session.
PTON stock price is now -30.87% away from the 50-day moving average and -5.92% away from the 200-day moving average. The market capitalization of the company currently stands at $2.24B.
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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 187,238 shares of the company’s stock on Mar 06 ’25. The stock was sold for $1,208,228 at an average price of $6.45. Upon completion of the transaction, the Chief Content Officer now directly owns 100,269 shares in the company, valued at $0.58 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’25, Officer JENNIFER COTTER bought 187,238 shares of the business’s stock. A total of $1,290,070 was incurred on buying the stock at an average price of $6.89. A total of 6.63% 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.
