Peloton Interactive Inc’s filing revealed that its Chief Supply Chain Officer RENDICH ANDREW S unloaded Company’s shares for reported $0.14 million on Feb 26 ’25. In the deal valued at $8.18 per share,17,401 shares were sold. As a result of this transaction, RENDICH ANDREW S now holds 362,573 shares worth roughly $2.55 million.
Then, ANDREW RENDICH bought 17,401 shares, generating $147,038 in total proceeds.
Before that, Cotter Jennifer Cunningham sold 47,457 shares. Peloton Interactive Inc shares valued at $432,319 were divested by the Chief Content Officer at a price of $9.11 per share. As a result of the transaction, Cotter Jennifer Cunningham now holds 287,507 shares, worth roughly $2.02 million.
Argus upgraded its Peloton Interactive Inc [PTON] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early December from “a Sell” to “a Neutral”. BofA Securities also remained covering PTON and has increased its forecast on November 04, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Telsey Advisory Group maintained its rating on November 01, 2024. It rated PTON as “a Market perform”.
Price Performance Review of PTON
On Monday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock fall -6.64% to $7.03. Over the last five days, the stock has lost -19.75%. Peloton Interactive Inc shares have fallen nearly -19.20% since the year began. Nevertheless, the stocks have risen 51.51% over the past one year. While a 52-week high of $10.90 was reached on 02/14/25, a 52-week low of $2.70 was recorded on 03/03/25. SMA at 50 days reached $8.69, while 200 days put it at $6.03.
Levels Of Support And Resistance For PTON Stock
The 24-hour chart illustrates a support level at 6.77, which if violated will result in even more drops to 6.51. On the upside, there is a resistance level at 7.51. A further resistance level may holdings at 8.00. The Relative Strength Index (RSI) on the 14-day chart is 34.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.92%. Stochastics %K at 2.34% indicates the stock is a buying.
The most recent change occurred on August 23, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $5.
