Peloton Interactive Inc’s filing revealed that its Director Thomas-Graham Pamela unloaded Company’s shares for reported $0.24 million on Nov 21 ’24. In the deal valued at $9.00 per share,26,630 shares were sold. As a result of this transaction, Thomas-Graham Pamela now holds 77,349 shares worth roughly $0.8 million.
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Then, PAMELA THOMAS-GRAHAM bought 26,630 shares, generating $222,627 in total proceeds.
Before that, RENDICH ANDREW S sold 24,003 shares. Peloton Interactive Inc shares valued at $194,026 were divested by the Chief Supply Chain Officer at a price of $8.08 per share. As a result of the transaction, RENDICH ANDREW S now holds 263,970 shares, worth roughly $2.73 million.
BofA Securities upgraded its Peloton Interactive Inc [PTON] rating to a Buy from a an Underperform in a research note published on November 04, 2024; the price target was increased to $9 from $3.75. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Market perform”‘ rating for it. Telsey Advisory Group also remained covering PTON and reiterated its “Market perform” recommendation on August 23, 2024. JP Morgan revised its rating on August 23, 2024. It rated PTON as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PTON
On Friday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock jump 6.27% to $10.34. Over the last five days, the stock has gained 14.13%. Peloton Interactive Inc shares have risen nearly 69.79% since the year began. Nevertheless, the stocks have risen 77.36% over the past one year. While a 52-week high of $10.10 was reached on 11/29/24, a 52-week low of $2.70 was recorded on 05/02/24. SMA at 50 days reached $6.62, while 200 days put it at $4.53.
Levels Of Support And Resistance For PTON Stock
The 24-hour chart illustrates a support level at 9.94, which if violated will result in even more drops to 9.53. On the upside, there is a resistance level at 10.57. A further resistance level may holdings at 10.79. The Relative Strength Index (RSI) on the 14-day chart is 76.26, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.62%. Stochastics %K at 90.62% indicates the stock is a selling.
How much short interest is there in Peloton Interactive Inc?
A steep rise in short interest was recorded in Peloton Interactive Inc stocks on 2024-11-15, growing by 0.44 million shares to a total of 59.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 59.51 million shares. There was a rise of 0.73%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating.
