Planet Labs PBC $PL Shares Newly Bought by Green Alpha Advisors LLC

Posted by Francis Steltz on Oct 8th, 2026

Green Alpha Advisors LLC purchased a new position in shares of Planet Labs PBC (NYSE:PL – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 50,917 shares of the company’s stock, valued at approximately $835,000.

Other hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Planet Labs PBC by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,013,187 shares of the company’s stock worth $112,167,000 after purchasing an additional 70,986 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Planet Labs PBC by 80.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,932,381 shares of the company’s stock valued at $54,010,000 after purchasing an additional 861,306 shares during the last quarter. Tidal Investments LLC raised its position in shares of Planet Labs PBC by 5,339.2% in the second quarter. Tidal Investments LLC now owns 1,591,020 shares of the company’s stock valued at $52,710,000 after purchasing an additional 1,561,769 shares during the period. Tema ETFs LLC raised its position in shares of Planet Labs PBC by 75,804.6% in the second quarter. Tema ETFs LLC now owns 1,590,960 shares of the company’s stock valued at $52,709,000 after purchasing an additional 1,588,864 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of Planet Labs PBC by 36.5% in the first quarter. Renaissance Technologies LLC now owns 1,021,180 shares of the company’s stock worth $28,542,000 after buying an additional 273,300 shares during the last quarter. Institutional investors and hedge funds own 41.71% of the company’s stock.

Planet Labs PBC Stock Performance

Shares of Planet Labs PBC stock traded down $0.58 during midday trading on Thursday, hitting $17.17. The company had a trading volume of 19,132,962 shares, compared to its average volume of 12,108,958. The business’s 50 day simple moving average is $19.62 and its two-hundred day simple moving average is $28.79. The stock has a market cap of $6.25 billion, a PE ratio of -15.61 and a beta of 2.17. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.84 and a quick ratio of 2.82. Planet Labs PBC has a 1-year low of $10.52 and a 1-year high of $51.76.

Planet Labs PBC (NYSE:PL – Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.04. Planet Labs PBC had a negative net margin of 95.13% and a negative return on equity of 93.11%. The business had revenue of $116.05 million for the quarter, compared to analyst estimates of $104.53 million. During the same quarter in the previous year, the firm posted ($0.07) earnings per share. Planet Labs PBC’s revenue was up 58.2% compared to the same quarter last year. As a group, equities analysts predict that Planet Labs PBC will post -0.91 EPS for the current fiscal year.

Insider Activity at Planet Labs PBC

In other news, Director Ita Brennan sold 11,500 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $16.30, for a total transaction of $187,450.00. Following the completion of the transaction, the director owned 250,373 shares of the company’s stock, valued at approximately $4,081,079.90. This represents a 4.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John W. Raymond sold 6,494 shares of the company’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $26.16, for a total transaction of $169,883.04. Following the transaction, the director directly owned 37,114 shares of the company’s stock, valued at $970,902.24. This represents a 14.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 290,525 shares of company stock worth $6,166,391. 16.42% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PL shares. Needham & Company LLC lowered their target price on shares of Planet Labs PBC from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, September 4th. Berenberg Bank initiated coverage on shares of Planet Labs PBC in a research report on Wednesday, September 2nd. They set a “buy” rating and a $25.00 target price for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $28.00 price target on shares of Planet Labs PBC in a report on Tuesday, September 8th. The Goldman Sachs Group raised their price target on Planet Labs PBC from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Finally, Craig Hallum set a $35.00 price objective on Planet Labs PBC in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $31.56.

View Our Latest Research Report on PL

Planet Labs PBC Company Profile

(Free Report)

Planet Labs PBC is an Earth-imaging and geospatial data company that operates a constellation of satellites designed to provide frequent, high-resolution imagery of the planet. Its data is used to monitor changes in land, infrastructure, agriculture, forests, oceans and other environments.

The company’s products include PlanetScope, a satellite imagery service intended to provide frequent coverage of large areas; SkySat, which offers higher-resolution imagery and video capabilities; and other satellite and data products, including hyperspectral imaging initiatives.