Peloton Interactive Inc’s recently made public that its Chief Financial Officer Coddington Elizabeth F unloaded Company’s shares for reported $38975.0 on Mar 14 ’24. In the deal valued at $4.34 per share,8,977 shares were sold. As a result of this transaction, Coddington Elizabeth F now holds 104,428 shares worth roughly $0.34 million.
Then, Cotter Jennifer Cunningham sold 104,620 shares, generating $463,540 in total proceeds. Upon selling the shares at $4.43, the Chief Content Officer now owns 32,363 shares.
Before that, RENDICH ANDREW S sold 125,840 shares. Peloton Interactive Inc shares valued at $564,556 were divested by the Chief Supply Chain Officer at a price of $4.49 per share. As a result of the transaction, RENDICH ANDREW S now holds 47,690 shares, worth roughly $0.16 million.
A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early February has reiterated a ‘”a Market perform”‘ rating for it. Deutsche Bank also remained covering PTON and has decreased its forecast on November 07, 2023 with a “Hold” recommendation from previously “Buy” rating. Canaccord Genuity revised its rating on November 02, 2023. It rated PTON as “a Hold” which previously was an “a Buy”.
Price Performance Review of PTON
On Monday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock fall -7.32% to $3.29. Over the last five days, the stock has lost -12.03%. Peloton Interactive Inc shares have fallen nearly -45.98% since the year began. Nevertheless, the stocks have fallen -67.49% over the past one year. While a 52-week high of $10.44 was reached on 01/05/24, a 52-week low of $3.50 was recorded on 04/15/24. SMA at 50 days reached $4.29, while 200 days put it at $5.73. A total of 12.86 million shares were traded, compared to the trading of 7.79 million shares in the previous session.
Levels Of Support And Resistance For PTON Stock
The 24-hour chart illustrates a support level at 3.18, which if violated will result in even more drops to 3.08. On the upside, there is a resistance level at 3.48. A further resistance level may holdings at 3.68. The Relative Strength Index (RSI) on the 14-day chart is 30.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.40%. Stochastics %K at 7.72% indicates the stock is a buying.
