Calamos Wealth Management LLC cut its holdings in Peloton Interactive, Inc. (NASDAQ:PTON – Free Report) by 12.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 725,168 shares of the company’s stock after selling 99,500 shares during the quarter. Calamos Wealth Management LLC’s holdings in Peloton Interactive were worth $6,309,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the stock. R Squared Ltd bought a new stake in shares of Peloton Interactive during the fourth quarter worth $28,000. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Peloton Interactive by 31.9% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,605 shares of the company’s stock worth $31,000 after acquiring an additional 1,597 shares in the last quarter. Verdence Capital Advisors LLC acquired a new stake in Peloton Interactive in the 3rd quarter valued at $52,000. Ballentine Partners LLC bought a new stake in shares of Peloton Interactive during the third quarter worth about $55,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Peloton Interactive in the third quarter worth approximately $58,000. 77.01% of the stock is currently owned by institutional investors.
Peloton Interactive Stock Down 5.5 %
PTON opened at $7.32 on Tuesday. Peloton Interactive, Inc. has a 52-week low of $2.70 and a 52-week high of $10.90. The firm’s fifty day simple moving average is $9.12 and its two-hundred day simple moving average is $6.53.
Analyst Ratings Changes
Check Out Our Latest Research Report on Peloton Interactive
Insiders Place Their Bets
In related news, CAO Saqib Baig sold 36,776 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $7.53, for a total transaction of $276,923.28. Following the transaction, the chief accounting officer now directly owns 137,357 shares in the company, valued at approximately $1,034,298.21. This represents a 21.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Andrew S. Rendich sold 138,391 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $7.51, for a total value of $1,039,316.41. Following the completion of the sale, the insider now owns 287,973 shares of the company’s stock, valued at approximately $2,162,677.23. This represents a 32.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 395,813 shares of company stock valued at $3,041,724 over the last 90 days. 1.34% of the stock is owned by company insiders.
Peloton Interactive Profile
Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.
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