XTX Topco Ltd Has $360,000 Stake in Peloton Interactive, Inc. (NASDAQ:PTON)

XTX Topco Ltd trimmed its holdings in Peloton Interactive, Inc. (NASDAQ:PTON - Free Report) by 88.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,355 shares of the company's stock after selling 309,215 shares during the quarter. XTX Topco Ltd's holdings in Peloton Interactive were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. R Squared Ltd purchased a new stake in shares of Peloton Interactive during the fourth quarter valued at $28,000. Russell Investments Group Ltd. lifted its stake in Peloton Interactive by 969.6% during the fourth quarter. Russell Investments Group Ltd. now owns 4,011 shares of the company's stock valued at $35,000 after buying an additional 3,636 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Peloton Interactive in the third quarter worth about $58,000. SBI Securities Co. Ltd. purchased a new position in shares of Peloton Interactive in the fourth quarter worth approximately $69,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Peloton Interactive during the fourth quarter valued at approximately $72,000. Institutional investors own 77.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on PTON shares. Argus raised shares of Peloton Interactive from a "hold" rating to a "buy" rating and set a $15.00 price objective for the company in a research note on Tuesday, February 11th. The Goldman Sachs Group lifted their price target on Peloton Interactive from $8.00 to $10.00 and gave the company a "neutral" rating in a report on Monday, February 10th. Bank of America reduced their price objective on Peloton Interactive from $11.50 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 15th. JMP Securities reaffirmed a "market perform" rating on shares of Peloton Interactive in a research note on Monday, April 14th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $11.00 price target on shares of Peloton Interactive in a research report on Monday, February 3rd. Fifteen analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Peloton Interactive has an average rating of "Hold" and an average target price of $8.54.

Insider Transactions at Peloton Interactive

In other news, insider Andrew S. Rendich sold 17,401 shares of the firm's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $8.18, for a total transaction of $142,340.18. Following the completion of the transaction, the insider now directly owns 362,573 shares of the company's stock, valued at approximately $2,965,847.14. This trade represents a 4.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Saqib Baig sold 22,662 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.75, for a total transaction of $220,954.50. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 674,338 shares of company stock valued at $5,522,838. 1.34% of the stock is owned by corporate insiders.

Peloton Interactive Price Performance

PTON stock traded up $0.01 on Friday, reaching $6.29. 9,488,895 shares of the company were exchanged, compared to its average volume of 16,093,763. The firm has a market capitalization of $2.45 billion, a PE ratio of -8.17 and a beta of 2.21. The stock's fifty day moving average price is $6.48 and its 200 day moving average price is $7.71. Peloton Interactive, Inc. has a 12 month low of $2.70 and a 12 month high of $10.90.

Peloton Interactive (NASDAQ:PTON - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.04). As a group, research analysts expect that Peloton Interactive, Inc. will post -0.36 EPS for the current fiscal year.

Peloton Interactive 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.