GuruFocus - Peloton (NASDAQ:PTON) Interactive Inc's (NASDAQ:PTON) Chief Accounting Officer, Saqib Baig, executed a sale of 50,000 shares of the company on August 23, 2024, according to the SEC Filing. Post (NYSE:POST) transaction, the insider now owns 87,014.47 shares of Peloton Interactive Inc .
Peloton Interactive Inc is known for its interactive fitness products such as stationary bicycles and treadmills. These products enable users to participate in classes remotely from the comfort of their homes.
Over the past year, the insider has sold a total of 118,429 shares and has not made any purchases. The broader trend within the company also leans towards selling, with 30 insider sells and only 1 insider buy recorded over the same period.
On the day of the sale, shares of Peloton Interactive Inc were priced at $4.88. The company's market cap stood at approximately $1.85 billion. According to GF Value, the stock is currently modestly undervalued, with a price-to-GF-Value ratio of 0.73, suggesting potential for price appreciation.
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, adjusted for the company's past performance and expected future business outcomes.
This insider activity and valuation metrics may be of interest to investors looking for opportunities in the health and fitness technology sector.
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.
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