Yahoo Finance Insider Sell: Chief Content Officer Jennifer Cotter Sells 104,620 Shares of Peloton Interactive ...
Peloton Interactive Inc (NASDAQ:PTON) Chief Content Officer, Jennifer Cotter, sold 104,620 shares of the company on March 7, 2024, according to a recent SEC filing. The transaction was executed at an average price of $4.43 per share, resulting in a total value of $463,486.60.Peloton Interactive Inc is a company that provides interactive fitness products such as the Peloton Bike, Peloton Tread, and Peloton Digital, which provide a comprehensive library of fitness classes that users can access from the convenience of their homes. The company has grown in popularity by offering a connected, technology-driven workout experience.Over the past year, the insider has sold a total of 270,155 shares of Peloton Interactive Inc and has not made any purchases of the stock. The recent sale by the insider is part of a broader trend observed over the past year, where there have been no insider buys and 31 insider sells.
The market capitalization of Peloton Interactive Inc stands at $1.724 billion as of the last trading price of $4.43 per share. The stock's valuation, when compared to the GuruFocus Value (GF Value) of $8.56, indicates a price-to-GF-Value ratio of 0.52, suggesting that the stock is currently categorized as a Possible Value Trap, Think Twice according to GuruFocus metrics.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.The insider's recent transaction may provide investors with insight into how company executives view the stock's current valuation and future prospects. However, investors are advised to consider a wide range of financial and market factors when making investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
