Peloton Interactive Inc’s recent filing unveils that its Director Boone Karen unloaded Company’s shares for reported $0.15 million on Jan 02 ’25. In the deal valued at $8.63 per share,17,259 shares were sold. As a result of this transaction, Boone Karen now holds 244,641 shares worth roughly $2.22 million.
Then, KAREN BOONE bought 17,259 shares, generating $148,899 in total proceeds.
Before that, Coddington Elizabeth F sold 36,820 shares. Peloton Interactive Inc shares valued at $371,495 were divested by the Chief Financial Officer at a price of $10.09 per share. As a result of the transaction, Coddington Elizabeth F now holds 208,017 shares, worth roughly $1.89 million.
UBS upgraded its Peloton Interactive Inc [PTON] rating to a Neutral from a a Sell in a research note published on December 06, 2024; the price target was increased to $10 from $2.50. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early November from “an Underperform” to “a Buy”. Telsey Advisory Group also remained covering PTON and reiterated its “Market perform” recommendation on November 01, 2024. Telsey Advisory Group maintained its rating on August 23, 2024. It rated PTON as “a Market perform”.
Price Performance Review of PTON
On Friday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock jump 2.72% to $9.07. Over the last five days, the stock has lost -11.68%. Peloton Interactive Inc shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have risen 68.59% over the past one year. While a 52-week high of $10.90 was reached on 01/03/25, a 52-week low of $2.70 was recorded on 01/02/25. SMA at 50 days reached $8.73, while 200 days put it at $5.12.
Levels Of Support And Resistance For PTON Stock
The 24-hour chart illustrates a support level at 8.85, which if violated will result in even more drops to 8.62. On the upside, there is a resistance level at 9.40. A further resistance level may holdings at 9.72. The Relative Strength Index (RSI) on the 14-day chart is 48.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.52%. Stochastics %K at 18.16% indicates the stock is a buying.
How much short interest is there in Peloton Interactive Inc?
A steep rise in short interest was recorded in Peloton Interactive Inc stocks on 2024-12-13, growing by 0.91 million shares to a total of 60.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 59.95 million shares. There was a rise of 1.5%, which implies that there is a positive sentiment for the stock.
