Peloton Interactive (PTON) CAO Saqib Baig Sells $54K of Stock
Key Points
- Peloton Interactive, Inc. Chief Accounting Officer Saqib Baig sold 10,000 shares on October 20, 2026, for $54,500.
- After the trade, Saqib Baig holds 257,729 $PTON shares, down 3.74% from before the trade.
- The stock recently traded around $5.46, sitting above both its 50-day and 200-day moving averages.
- Other institutional investors like DnB Asset Management AS adjusted large positions in the fitness company earlier in the year.
Since the trade, $PTON is down 2.0% to date (from the $5.45 close on Oct 20, 2026).
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Peloton Interactive, Inc. Chief Accounting Officer Saqib Baig sold 10,000 shares of the company on October 20, 2026, according to a Form 4 filing with the SEC. The shares were sold at a price of $5.45 each, for a total value of $54,500.
PTON
Peloton Interactive, Inc.
Inside Saqib Baig's Peloton Trade
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Baig directly holds 257,729.47 shares of Peloton stock. This transaction trims his holdings by about 3.74% compared to his prior position.
Other Institutional Activity in Peloton
Other large funds made substantial moves in Peloton shares during the period ending June 30, 2026. DnB Asset Management AS grew its holdings by 15,430,316 shares, ending with 38,115,285 shares worth about $208,109,457, which is a 68.0% increase. Shaw D.E. & Co., Inc. reduced its stake by 808,877 shares, ending with 17,047,125 shares valued at about $93,077,303. Quinn Opportunity Partners, LLC cut its position by 685,710 shares to finish with 13,365,725 shares worth roughly $72,976,859. Pale Fire Capital SE boosted its stake by 1,493,844 shares, holding 7,728,586 shares valued at approximately $42,198,079.
Peloton Interactive, Inc. Stock Up 4.2%
Peloton closed at $5.45 on the day of the trade and recently traded around $5.46 as of October 22, 2026. The stock sits about 6.1% above its 50-day moving average and roughly 3.6% above its 200-day moving average.
Recent Earnings
Peloton generated trailing-twelve-month revenue of $2,446,000,128 with diluted earnings of $0.14 per share. The fitness company posted a net profit margin of 2.6%. Its next earnings report is scheduled for November 5, 2026.
Insider Buying and Selling at Peloton Interactive, Inc.
Insider transactions at Peloton prior to this event included several sales over the summer and fall. Saqib Baig sold 36,439 shares on August 17, 2026, for $195,437, and another 4,912 shares on August 19, 2026, for $26,780. Dion Camp Sanders sold 112,512 shares on August 19, 2026, for $613,427. More recently, Chief Operating Officer Charles Peter Kirol sold 28,849 shares on October 15, 2026, for about $153,765.
Analysts Set New Price Targets
Wall Street firms have mixed views on the stock. Morgan Stanley downgraded the shares to Underweight with a $4.50 price target on September 8, 2026, down from $5.00. UBS maintained a Buy rating on September 8, 2026, while lowering its price target from $11.00 to $10.00. The stock currently holds an average analyst opinion score leaning toward a hold with a mean price target of $7.90.
About Peloton
Peloton Interactive, Inc. designs and sells interactive fitness equipment and streaming exercise memberships. The New York-based company offers connected fitness products such as the Original Bike, Tread, and Row, alongside software apps for home workouts.
Bottom Line
Investors tracking Peloton should keep an eye on upcoming financial results scheduled for early November. Insider sales under planned schedules offer routine liquidity for executives as the company navigates its turnaround efforts.
Related Filing Alerts
Source: Saqib Baig's Form 4 filing on $PTON (Oct 20, 2026). Written by software, not financial advice. How we make alerts