Peloton chief product officer sells shares worth $452,663

Nick V. Caldwell, Chief Product Officer at Peloton Interactive, Inc. (NASDAQ:PTON), recently sold a substantial portion of his holdings in the company. According to a recent SEC filing, Caldwell sold 68,727 shares of Peloton’s Class A Common Stock on March 17, 2025. The shares were sold at a weighted average price of $6.5864 per share, amounting to a total transaction value of approximately $452,663. The transaction comes as Peloton’s stock shows significant volatility, with a 45% gain over the past six months despite a 26% year-to-date decline. According to InvestingPro, the stock currently appears undervalued based on its Fair Value analysis.

The sale was conducted to cover tax liabilities related to the settlement of restricted stock units (RSUs). Prior to this transaction, Caldwell had exercised options to acquire 115,741 shares of Peloton stock on March 15, 2025, at no cost, as part of his compensation package. Following these transactions, Caldwell holds 474,234 shares directly in the $2.5 billion market cap company.

These transactions highlight ongoing insider activity at Peloton, a company known for its interactive fitness products and services. With an overall Financial Health score of "FAIR" and analysts anticipating sales decline this year, investors can access deeper insights through InvestingPro’s comprehensive research reports, which offer detailed analysis of Peloton’s financial metrics and growth prospects.

In other recent news, Peloton Interactive has been the focus of multiple analyst updates following its latest financial results. Canaccord Genuity upgraded Peloton’s stock from Hold to Buy, citing the company’s strong position in the connected fitness industry and forecasting a significant increase in adjusted EBITDA to between $300 million and $350 million by fiscal year 2025. This positive outlook is supported by Peloton’s strategic cost restructuring and revenue initiatives expected to enhance growth starting fiscal year 2026. Meanwhile, Citi analysts have maintained a Neutral rating but lowered the price target to $10.00, acknowledging improvements in customer engagement and unit economics that could drive growth in fiscal year 2026.

Needham analysts kept their Hold rating, recognizing Peloton’s progress in unit economics while expressing concerns over its revenue growth outlook. Telsey Advisory Group also maintained a Market Perform rating with an $11.00 price target, praising Peloton’s better-than-expected Q2 results and increased full-year EBITDA guidance. The firm noted the company’s profitability gains due to marketing efficiency and strong holiday sales, despite challenges from consumer spending on high-priced items. These recent developments reflect a mixed but cautiously optimistic sentiment among analysts regarding Peloton’s financial trajectory and market performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.