Planet Fitness, Inc. (NYSE:PLNT) CEO Christopher Rondeau sold 20,000 shares of the company’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $26.43, for a total transaction of $528,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Christopher Rondeau also recently made the following trade(s):

  • On Tuesday, October 3rd, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $26.75, for a total transaction of $535,000.00.

Shares of Planet Fitness, Inc. (NYSE PLNT) remained flat at $26.27 on Thursday. The stock had a trading volume of 796,910 shares. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 45.29 and a beta of 0.86. The stock’s 50 day moving average price is $26.37 and its 200 day moving average price is $26.37. Planet Fitness, Inc. has a one year low of $19.17 and a one year high of $27.22.

Planet Fitness (NYSE:PLNT) last released its earnings results on Wednesday, August 9th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $107.31 million during the quarter, compared to the consensus estimate of $101.99 million. Planet Fitness had a negative return on equity of 57.01% and a net margin of 8.77%. Planet Fitness’s revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 EPS. Equities analysts expect that Planet Fitness, Inc. will post $0.47 earnings per share for the current year.

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PLNT has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Planet Fitness from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Wednesday, July 12th. BidaskClub upgraded shares of Planet Fitness from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Imperial Capital upped their price target on shares of Planet Fitness from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Tuesday, August 15th. Jefferies Group LLC restated a “buy” rating and issued a $29.00 price target on shares of Planet Fitness in a report on Thursday, September 14th. Finally, Roth Capital upped their price target on shares of Planet Fitness from $23.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, August 21st. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Planet Fitness currently has an average rating of “Buy” and an average price target of $27.67.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geneva Advisors LLC grew its position in Planet Fitness by 4.1% in the 2nd quarter. Geneva Advisors LLC now owns 40,691 shares of the company’s stock valued at $950,000 after acquiring an additional 1,600 shares in the last quarter. Wolverine Trading LLC grew its position in Planet Fitness by 24.5% in the 2nd quarter. Wolverine Trading LLC now owns 11,704 shares of the company’s stock valued at $274,000 after acquiring an additional 2,304 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in Planet Fitness by 2.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 89,498 shares of the company’s stock valued at $2,089,000 after acquiring an additional 2,369 shares in the last quarter. AHL Partners LLP grew its position in Planet Fitness by 11.0% in the 2nd quarter. AHL Partners LLP now owns 27,748 shares of the company’s stock valued at $648,000 after acquiring an additional 2,756 shares in the last quarter. Finally, Fortaleza Asset Management Inc. grew its position in Planet Fitness by 57.9% in the 2nd quarter. Fortaleza Asset Management Inc. now owns 7,830 shares of the company’s stock valued at $183,000 after acquiring an additional 2,870 shares in the last quarter.

Planet Fitness Company Profile

Planet Fitness, Inc is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise; Corporate-owned stores, and Equipment. The Franchise segment includes operations related to the Company’s franchising business in the United States, Puerto Rico, the Dominican Republic and Canada.

Insider Buying and Selling by Quarter for Planet Fitness (NYSE:PLNT)

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