Peloton Interactive, Inc. $PTON Position Increased by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its holdings in shares of Peloton Interactive, Inc. (NASDAQ:PTON) by 9.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,086,488 shares of the company’s stock after purchasing an additional 97,941 shares during the period. Bank of New York Mellon Corp owned 0.28% of Peloton Interactive worth $7,540,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Federated Hermes Inc. grew its position in shares of Peloton Interactive by 0.3% during the 1st quarter. Federated Hermes Inc. now owns 533,820 shares of the company’s stock valued at $3,374,000 after buying an additional 1,643 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Peloton Interactive by 4.4% in the first quarter. Victory Capital Management Inc. now owns 43,944 shares of the company’s stock worth $278,000 after acquiring an additional 1,860 shares during the last quarter. AlphaQuest LLC boosted its stake in Peloton Interactive by 12.6% in the first quarter. AlphaQuest LLC now owns 19,239 shares of the company’s stock valued at $122,000 after acquiring an additional 2,150 shares during the period. Bank of Nova Scotia grew its holdings in shares of Peloton Interactive by 22.0% during the first quarter. Bank of Nova Scotia now owns 18,620 shares of the company’s stock valued at $118,000 after purchasing an additional 3,354 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its position in shares of Peloton Interactive by 32.8% during the 2nd quarter. Verdence Capital Advisors LLC now owns 14,770 shares of the company’s stock worth $103,000 after purchasing an additional 3,647 shares during the period. 77.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PTON shares. Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. Zacks Research cut Peloton Interactive from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Wall Street Zen downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $11.50 target price on shares of Peloton Interactive in a research note on Thursday, October 2nd. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $9.86.

Peloton Interactive Stock Down 7.1%

PTON stock opened at $6.39 on Friday. The company has a 50-day simple moving average of $7.69 and a 200 day simple moving average of $7.28. The company has a market capitalization of $2.67 billion, a P/E ratio of -22.82, a PEG ratio of 2.13 and a beta of 2.33. Peloton Interactive, Inc. has a fifty-two week low of $4.63 and a fifty-two week high of $10.90.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Peloton Interactive, Inc. will post -0.36 EPS for the current year.

Insider Buying and Selling

In other news, CAO Saqib Baig sold 42,267 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.25, for a total transaction of $306,435.75. Following the completion of the transaction, the chief accounting officer owned 193,052 shares in the company, valued at approximately $1,399,627. This trade represents a 17.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Charles Peter Kirol sold 7,936 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $7.29, for a total transaction of $57,853.44. Following the completion of the sale, the chief operating officer owned 47,011 shares in the company, valued at $342,710.19. The trade was a 14.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,628,334 shares of company stock worth $12,404,134 in the last ninety days. Insiders own 1.30% of the company’s stock.

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.