Morgan Stanley Amends Peloton Stake; Ownership Shift Noted
Ticker: PTON · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**Morgan Stanley just updated its Peloton stake, watch for potential stock movement.**
AI Summary
Morgan Stanley filed an amended Schedule 13G/A on February 9, 2024, indicating a change in its beneficial ownership of Peloton Interactive, Inc. Class A Common Stock as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that Morgan Stanley's stake in Peloton has likely shifted, which is important for investors as large institutional ownership changes can influence stock perception and liquidity.
Why It Matters
Changes in institutional ownership, especially from major players like Morgan Stanley, can signal shifts in confidence or strategy, potentially impacting Peloton's stock price and investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently indicate high risk, though the underlying change in ownership could be a factor.
Analyst Insight
Investors should monitor subsequent filings or news from Morgan Stanley to understand the specific nature and magnitude of the change in their Peloton stake, as this filing only indicates an amendment, not the details of the change itself. This could inform decisions about holding, buying, or selling Peloton stock.
Key Players & Entities
- Morgan Stanley (company) — the entity filing the SC 13G/A, reporting its beneficial ownership
- Peloton Interactive, Inc. (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- February 9, 2024 (date) — the date the SC 13G/A amendment was filed
Forward-Looking Statements
- Peloton's stock price may experience short-term volatility as investors react to the updated institutional ownership data. (Peloton Interactive, Inc.) — medium confidence, target: Q1 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.2)*'.
Which company is the subject of this filing?
The subject company is PELOTON INTERACTIVE, INC., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PELOTON INTERACTIVE, INC.'.
Who filed this SC 13G/A?
This SC 13G/A was filed by MORGAN STANLEY, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Class A Common Stock of Peloton Interactive, Inc. is 70614W100, as listed under '(CUSIP Number) 70614W100'.
What was the 'Date Of Event which Requires Filing of this Statement'?
The 'Date Of Event which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
From the Filing
EDGAR Filing Documents for 0000895421-24-000167 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000895421-24-000167 Filing Date 2024-02-09 Accepted 2024-02-09 15:00:16 Documents 1 Document Format Files Seq Description Document Type Size 1 MS AMENDMENT PelotonInteractiveIncPTON.txt SC 13G/A 15835 Complete submission text file 0000895421-24-000167.txt 17783 Mailing Address 1585 BROADWAY NEW YORK NY 10036 Business Address 1585 BROADWAY NEW YORK NY 10036 212-761-4000 MORGAN STANLEY (Filed by) CIK : 0000895421 (see all company filings) EIN. : 363145972 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance) Mailing Address C/O PELOTON INTERACTIVE, INC. 125 W. 25TH ST., 11TH FLOOR NEW YORK NY 10001 Business Address C/O PELOTON INTERACTIVE, INC. 125 W. 25TH ST., 11TH FLOOR NEW YORK NY 10001 866-679-9129 PELOTON INTERACTIVE, INC. (Subject) CIK : 0001639825 (see all company filings) EIN. : 473533761 | Fiscal Year End: 0630 Type: SC 13G/A | Act: 34 | File No.: 005-91146 | Film No.: 24614236 SIC : 3949 Sporting & Athletic Goods, NEC (CF Office: 04 Manufacturing)