Peloton Interactive’s chief executive, Peter C. Stern, completed a sale of 31,461 shares of Class A Common Stock on February 17, 2026, to meet tax obligations arising from the settlement of Restricted Stock Units (RSUs). The shares were disposed of at a weighted average price of $4.1389, producing gross proceeds of approximately $130,213. The execution prices spanned from $4.0950 to $4.2200.
That transaction followed a separate action on February 15, 2026, when Stern exercised options to convert RSUs into 59,714 shares of Class A Common Stock. Together, these moves reflect RSU-related activity rather than an additional, separate sale for other purposes. After accounting for these transactions, Stern directly holds 344,812 shares of Peloton Interactive.
The sales were recorded while Peloton shares were trading near their 52-week low of $4.08; the stock was quoted at $4.32 at the time of reporting. Over the last 12 months the company’s shares have declined by nearly 56%.
Data from InvestingPro included with these filings notes that the stock is assessed as slightly undervalued relative to its Fair Value metric. Those same InvestingPro data points indicate analysts expect Peloton to reach profitability this year and that the company presents a current ratio of 1.98.
Peloton’s recent operational results add context to the insider transactions. In its second quarter of fiscal 2026 the company reported revenue of $656.5 million, a 2.6% decrease from the year-ago period. That revenue figure missed analyst estimates of $675.6 million and fell short of the company’s own guidance range of $665 million to $685 million. Peloton also posted a quarterly loss of $0.09 per share, wider than the anticipated loss of $0.05 per share.
Analyst responses to the quarter were mixed. BofA Securities retained a Buy rating for the stock but reduced its price target from $9.00 to $7.50, citing lower-than-expected hardware sales and delays in delivery times. Telsey Advisory Group lowered its price target from $8.00 to $6.00 while maintaining a Market Perform rating, pointing to ongoing growth headwinds. Conversely, Canaccord Genuity reiterated a Buy rating with a $10.00 price target. Needham maintained a Hold rating and signaled persistent revenue pressure despite modeled improvements in adjusted EBITDA and free cash flow.
Collectively, the insider RSU settlement and share sale by Stern, the recent operating results, and the range of analyst outlooks illustrate the current crossroads facing Peloton as it works toward profitability and navigates revenue headwinds and fulfillment challenges.