Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Peloton Interactive Inc shares valued at $148,899 were sold by Boone Karen on Jan 02 ’25. At $8.63 per share, Boone Karen sold 17,259 shares. The insider’s holdings dropped to 244,641 shares worth approximately $2.19 million following the completion of this transaction.
Also, KAREN BOONE purchased 17,259 shares, netting a total of over 148,899 in proceeds.
Before that, Coddington Elizabeth F had sold 36,820 shares from its account. In a trade valued at $371,495, the Chief Financial Officer traded Peloton Interactive Inc shares for $10.09 each. Upon closing the transaction, the insider’s holdings decreased to 36,820 shares, worth approximately $1.87 million.
As published in a research note from UBS on December 06, 2024, Peloton Interactive Inc [PTON] has been rated up from a Sell to a Neutral and the price target has been revised to $10 from $2.50. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Buy”‘ outlook in a report released in early November. As of November 01, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for PTON. Earlier on August 23, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for PTON stock.
Analyzing PTON Stock Performance
During the last five days, there has been a surge of approximately 2.63%. Over the course of the year, Peloton Interactive Inc shares have jumped approximately 3.10%. Shares of the company reached a 52-week high of $9.50 on 01/03/25 and a 52-week low of $8.19 on 01/10/25. A 50-day SMA is recorded $9.03, while a 200-day SMA reached $5.28. Nevertheless, trading volume fell to 9.78 million shares from 15.66 million shares the previous day.
Support And Resistance Levels for Peloton Interactive Inc (PTON)
According to the 24-hour chart, there is a support level at 8.81, which, if violated, would cause prices to drop to 8.64. In the upper region, resistance lies at 9.21. The next price resistance is at 9.44. RSI (Relative Strength Index) is 49.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.14, which suggests the price will decrease in the coming days. Percent R is at 63.55%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
