FNY Investment Advisers LLC Lowers Stock Holdings in Planet Labs PBC $PL

FNY Investment Advisers LLC cut its position in Planet Labs PBC (NYSE:PL) by 97.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,060 shares of the company’s stock after selling 76,440 shares during the quarter. FNY Investment Advisers LLC’s holdings in Planet Labs PBC were worth $40,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PL. MCF Advisors LLC purchased a new position in Planet Labs PBC during the 3rd quarter valued at about $32,000. Larson Financial Group LLC acquired a new position in Planet Labs PBC in the 3rd quarter valued at about $39,000. GAMMA Investing LLC increased its stake in Planet Labs PBC by 146.4% during the fourth quarter. GAMMA Investing LLC now owns 2,011 shares of the company’s stock worth $40,000 after purchasing an additional 1,195 shares during the period. Jones Financial Companies Lllp increased its stake in Planet Labs PBC by 59.3% during the third quarter. Jones Financial Companies Lllp now owns 3,591 shares of the company’s stock worth $44,000 after purchasing an additional 1,337 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Planet Labs PBC during the third quarter worth about $56,000. Hedge funds and other institutional investors own 41.71% of the company’s stock.

Planet Labs PBC Price Performance

Shares of PL opened at $35.84 on Monday. The company has a debt-to-equity ratio of 2.37, a current ratio of 1.65 and a quick ratio of 1.64. Planet Labs PBC has a 1-year low of $2.79 and a 1-year high of $37.05. The stock has a market cap of $12.41 billion, a PE ratio of -45.95 and a beta of 1.83. The firm has a fifty day moving average price of $26.21 and a 200 day moving average price of $19.64.

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 the consensus estimate of ($0.05) by ($0.43). The firm had revenue of $86.82 million for the quarter, compared to analysts’ expectations of $78.17 million. Planet Labs PBC had a negative return on equity of 69.61% and a negative net margin of 80.22%.The firm’s revenue for the quarter was up 41.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Planet Labs PBC will post -0.37 EPS for the current year.

Analyst Upgrades and Downgrades

PL has been the subject of several recent research reports. Wedbush raised their price objective on shares of Planet Labs PBC from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, March 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Planet Labs PBC in a report on Thursday, January 22nd. Northland Securities set a $28.00 price target on shares of Planet Labs PBC in a research report on Tuesday, January 13th. Zacks Research upgraded shares of Planet Labs PBC from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Planet Labs PBC from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Planet Labs PBC presently has a consensus rating of “Hold” and an average price target of $27.70.

Insider Buying and Selling at Planet Labs PBC

In other news, Director Kristen Robinson sold 47,835 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $26.96, for a total value of $1,289,631.60. Following the completion of the sale, the director directly owned 222,897 shares of the company’s stock, valued at approximately $6,009,303.12. This represents a 17.67% decrease in their ownership of the stock. The transaction 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 stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $26.77, for a total value of $535,400.00. Following the completion of the sale, the director directly owned 250,169 shares of the company’s stock, 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. Over the last quarter, insiders sold 218,566 shares of company stock worth $5,896,276. 17.53% of the stock is owned by insiders.

Key Stories Impacting Planet Labs PBC

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

• Positive Sentiment: Analyst upgrade lifted shares recently — an upgrade and bullish note prompted a sharp intraday jump last week, driving renewed investor interest and momentum. Article Title
• Positive Sentiment: Company expansion and AI initiatives may improve its data moat and ARPU over time — reporting on a Berlin expansion and AI-powered Earth-data products suggests management is shifting from raw imagery to higher-value analytics, which supports longer-term revenue and margin improvement. Article Title
• Neutral Sentiment: Space industry growth thesis remains intact but competitive — broader coverage comparing Planet to peers (e.g., AST SpaceMobile) highlights large TAM expectations, but competition and different business models make near-term outcomes mixed. Article Title
• Neutral Sentiment: Valuation and momentum pieces note strong recent share-price gains — some analysts and commentators are reassessing valuation after the rally, suggesting the stock could be sensitive to sentiment and upgrades/downgrades. Article Title
• Negative Sentiment: Planet is indefinitely withholding imagery of Iran and nearby conflict areas at the U.S. government’s request — this limits public and commercial access to key geographies, could reduce revenue from imagery/data sales and media exposure, and raises regulatory/compliance risk in conflict contexts. Investors see this as a near-term operational headwind. Article Title

About Planet Labs PBC

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.