Lbp Am Sa Trims Stock Position in Planet Labs PBC $PL

Lbp Am Sa trimmed its holdings in Planet Labs PBC (NYSE:PL) by 23.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 666,927 shares of the company’s stock after selling 207,600 shares during the period. Lbp Am Sa’s holdings in Planet Labs PBC were worth $13,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Planet Labs PBC by 588.4% during the 4th quarter. Farther Finance Advisors LLC now owns 8,399 shares of the company’s stock worth $166,000 after acquiring an additional 7,179 shares during the period. AMI Asset Management Corp purchased a new position in Planet Labs PBC during the fourth quarter worth approximately $673,000. Baillie Gifford & Co. acquired a new position in shares of Planet Labs PBC in the 4th quarter valued at $32,000. Genesis Financial Group LLC purchased a new stake in shares of Planet Labs PBC during the 4th quarter valued at $444,000. Finally, Bangor Savings Bank acquired a new stake in shares of Planet Labs PBC during the 4th quarter worth $264,000. Institutional investors and hedge funds own 41.71% of the company’s stock.

Insider Activity at Planet Labs PBC

In other Planet Labs PBC news, Director Kristen Robinson sold 47,835 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $26.96, for a total value of $1,289,631.60. Following the sale, the director directly owned 222,897 shares in the company, valued at approximately $6,009,303.12. The trade was a 17.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Vijaya Gadde sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $26.77, for a total transaction of $535,400.00. Following the completion of the sale, the director owned 250,169 shares in the company, valued at $6,697,024.13. The trade was a 7.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 492,249 shares of company stock valued at $15,500,339. 17.53% of the stock is currently owned by insiders.

Planet Labs PBC Trading Up 16.1%

Shares of NYSE:PL opened at $39.96 on Friday. The company’s 50-day moving average price is $28.12 and its 200 day moving average price is $21.01. The company has a market cap of $13.83 billion, a PE ratio of -51.24 and a beta of 1.83. The company has a quick ratio of 1.64, a current ratio of 1.65 and a debt-to-equity ratio of 2.37. Planet Labs PBC has a fifty-two week low of $2.92 and a fifty-two week high of $40.23.

Planet Labs PBC (NYSE:PL) last issued its quarterly earnings data on Thursday, March 19th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.43). Planet Labs PBC had a negative return on equity of 69.61% and a negative net margin of 80.22%.The business had revenue of $86.82 million during the quarter, compared to the consensus estimate of $78.17 million. Planet Labs PBC’s revenue for the quarter was up 41.1% on a year-over-year basis. Sell-side analysts anticipate that Planet Labs PBC will post -0.37 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PL. Deutsche Bank Aktiengesellschaft set a $38.00 price target on Planet Labs PBC and gave the company a “buy” rating in a research report on Friday, March 27th. Citigroup raised their price target on shares of Planet Labs PBC from $30.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Northland Securities set a $28.00 target price on shares of Planet Labs PBC in a report on Tuesday, January 13th. The Goldman Sachs Group reissued a “neutral” rating and set a $16.40 price target on shares of Planet Labs PBC in a research report on Tuesday, January 20th. Finally, Zacks Research upgraded shares of Planet Labs PBC from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Planet Labs PBC currently has a consensus rating of “Hold” and an average price target of $29.61.

Key Headlines Impacting Planet Labs PBC

Here are the key news stories impacting Planet Labs PBC this week:

• Positive Sentiment: Report says Planet won defense-related work and announced a satellite AI breakthrough that could expand mission capability and revenue opportunities. Planet Labs (PL) Stock Gains Ground on Defense Contracts and Satellite AI Breakthrough
• Positive Sentiment: Space-sector momentum (SpaceX IPO speculation, White House space nuclear initiative, and NASA’s Artemis II success) is lifting related names including Planet, driving broad investor interest in space-capitalization beneficiaries. Planet Labs Stock Soars Amid Space Sector Surge
• Positive Sentiment: Unusual options activity: traders bought ~28,645 call contracts (≈+42% vs. average), signaling speculative bullish positioning that can amplify intraday moves.
• Neutral Sentiment: Media pieces recommending space-related stocks ahead of a potential SpaceX IPO mention Planet as a candidate to watch, which can attract momentum flows but doesn’t guarantee fundamentals-based gains. 2 stocks to buy before SpaceX IPO
• Neutral Sentiment: Coverage noting that Planet is gaining market momentum amid shifts in the space and defense market; useful context but not a specific catalyst. Is Planet Labs Gaining Momentum Amid Market Shifts?
• Negative Sentiment: Analysis asking “Is it too late?” highlights valuation risk after a ~10x one-year surge and reminds investors of Planet’s negative EPS, wide net losses, and leverage—factors that increase downside if sentiment reverses. Is It Too Late To Consider Planet Labs (PL) After Its 10x One Year Surge?

Planet Labs PBC Profile

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.