WINTON GROUP Ltd Acquires 183,808 Shares of Planet Labs PBC $PL

WINTON GROUP Ltd raised its holdings in Planet Labs PBC (NYSE:PL) by 1,802.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 194,008 shares of the company’s stock after purchasing an additional 183,808 shares during the quarter. WINTON GROUP Ltd owned 0.05% of Planet Labs PBC worth $6,427,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. California State Teachers Retirement System raised its stake in Planet Labs PBC by 3,265.0% during the second quarter. California State Teachers Retirement System now owns 9,622,277 shares of the company’s stock worth $290,440,000 after acquiring an additional 9,336,325 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Planet Labs PBC by 320.3% during the 4th quarter. Van ECK Associates Corp now owns 7,678,938 shares of the company’s stock valued at $151,429,000 after purchasing an additional 5,851,758 shares during the last quarter. Invesco Ltd. increased its position in Planet Labs PBC by 265.6% during the 3rd quarter. Invesco Ltd. now owns 3,450,479 shares of the company’s stock worth $44,787,000 after purchasing an additional 2,506,595 shares in the last quarter. Two Sigma Investments LP lifted its stake in Planet Labs PBC by 257.5% in the 3rd quarter. Two Sigma Investments LP now owns 2,362,275 shares of the company’s stock valued at $30,662,000 after purchasing an additional 1,701,535 shares during the last quarter. Finally, Tema ETFs LLC lifted its stake in Planet Labs PBC by 75,804.6% in the 2nd 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 last quarter. Institutional investors own 41.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on PL shares. Needham & Company LLC dropped their target price on Planet Labs PBC from $53.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, September 4th. Zacks Research raised Planet Labs PBC from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Wedbush assumed coverage on shares of Planet Labs PBC in a report on Wednesday, July 1st. They issued an “outperform” rating and a $50.00 price objective for the company. New Street Research upgraded shares of Planet Labs PBC from a “sell” rating to a “neutral” rating in a research report on Friday, September 4th. Finally, Northland Securities set a $40.00 target price on shares of Planet Labs PBC in a report on Friday, September 4th. One equities research 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 company presently has a consensus rating of “Hold” and a consensus price target of $32.77.

Insiders Place Their Bets

In other Planet Labs PBC news, Director John W. Raymond sold 6,494 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was 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 in the company, valued at approximately $970,902.24. This represents a 14.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert H. Schingler sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $25.92, for a total transaction of $648,000.00. Following the sale, the insider directly owned 225,171 shares of the company’s stock, valued at approximately $5,836,432.32. This trade represents a 9.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 171,122 shares of company stock worth $4,148,906. 16.42% of the stock is owned by corporate insiders.

Key Stories Impacting Planet Labs PBC

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

• Positive Sentiment: Zacks upgraded Planet Labs to Rank #2 (Buy), citing growing optimism about the company’s earnings prospects. The upgrade could support a rebound following the stock’s recent selloff. Planet Labs PBC Upgraded to Buy
• Positive Sentiment: Analysts at Northland Securities raised their FY2027 EPS forecast to a loss of $0.58 from $0.62 and improved their Q3 2027 estimate to a loss of $0.07 from $0.08. These revisions suggest expectations for gradual profitability improvement, even though Planet Labs is still projected to lose money. Planet Labs analyst estimates
• Positive Sentiment: Berenberg maintained its Buy rating. The continued bullish stance provides additional analyst support for the long-term growth story. Berenberg maintains Buy rating
• Positive Sentiment: Planet Labs’ latest reported quarter showed revenue rising 58% year over year to $116.1 million, adjusted EBITDA increasing to $13.9 million and the GAAP net loss narrowing to $9.4 million. Those results reinforce the company’s growth and improving operating leverage. Planet Labs revenue growth and profitability
• Neutral Sentiment: Oil prices moved above $100 per barrel after renewed Middle East attacks. The broader risk-off environment may pressure high-beta growth stocks such as PL, although geopolitical demand for satellite intelligence could potentially benefit Planet Labs over time. Oil rises above $100
• Negative Sentiment: Northland reduced several longer-term estimates, including Q4 2027 EPS to a loss of $0.08 from $0.07 and Q3/Q4 2028 EPS to losses of $0.06 from $0.05. Continued projected losses and a consensus full-year EPS estimate of negative $0.92 remain overhangs for the stock.
• Negative Sentiment: Technical indicators show PL is oversold after falling 29.7% in four weeks. While this can precede a rebound, it also highlights the heavy selling pressure and elevated volatility affecting the shares. Planet Labs oversold stock analysis

Planet Labs PBC Stock Performance

Shares of PL opened at $16.71 on Friday. The company has a current ratio of 2.84, a quick ratio of 2.82 and a debt-to-equity ratio of 0.79. The firm’s fifty day simple moving average is $22.51 and its two-hundred day simple moving average is $29.91. Planet Labs PBC has a 12 month low of $9.13 and a 12 month high of $51.76. The stock has a market capitalization of $5.96 billion, a P/E ratio of -15.19 and a beta of 2.10.

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

About Planet Labs PBC

Planet Labs PBC is an Earth-imaging and geospatial data company that operates a constellation of satellites designed to provide frequent imagery of the planet’s landmass. The company collects, processes and delivers satellite imagery and related data products through cloud-based platforms and application programming interfaces.

Its offerings include PlanetScope imagery for broad-area monitoring, SkySat imagery for higher-resolution observation, and specialized products that support change detection, mapping and environmental analysis.