Planet Fitness, Inc. (NYSE:PLNT) CEO Christopher Rondeau sold 20,000 shares of Planet Fitness stock in a transaction dated Wednesday, January 11th. The stock was sold at an average price of $20.46, for a total transaction of $409,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, December 29th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $19.98, for a total transaction of $399,600.00.
  • On Wednesday, December 28th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $19.77, for a total transaction of $395,400.00.
  • On Tuesday, December 13th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $20.88, for a total transaction of $417,600.00.
  • On Tuesday, November 29th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $20.81, for a total transaction of $416,200.00.
  • On Monday, November 28th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $21.20, for a total transaction of $424,000.00.
  • On Monday, November 14th, Christopher Rondeau sold 2,000 shares of Planet Fitness stock. The stock was sold at an average price of $24.57, for a total transaction of $49,140.00.
  • On Friday, November 4th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $21.02, for a total transaction of $420,400.00.
  • On Thursday, November 3rd, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The stock was sold at an average price of $20.88, for a total transaction of $417,600.00.
  • On Thursday, October 20th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The shares were sold at an average price of $19.54, for a total transaction of $390,800.00.
  • On Wednesday, October 19th, Christopher Rondeau sold 20,000 shares of Planet Fitness stock. The shares were sold at an average price of $19.42, for a total transaction of $388,400.00.

Planet Fitness, Inc. (NYSE:PLNT) opened at 20.68 on Friday. The firm’s 50 day moving average is $20.40 and its 200 day moving average is $20.60. The stock has a market capitalization of $1.04 billion, a P/E ratio of 75.20 and a beta of 0.90. Planet Fitness, Inc. has a 1-year low of $13.23 and a 1-year high of $25.10.

Planet Fitness (NYSE:PLNT) last released its earnings results on Wednesday, October 26th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.02. The company earned $87 million during the quarter, compared to analyst estimates of $79.32 million. Planet Fitness had a net margin of 3.65% and a return on equity of 485.81%. The firm’s quarterly revenue was up 26.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 EPS. On average, equities research analysts anticipate that Planet Fitness, Inc. will post $0.47 earnings per share for the current year.

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

TRADEMARK VIOLATION WARNING: “Insider Selling: Planet Fitness, Inc. (PLNT) CEO Sells $409,200.00 in Stock” was first reported by Daily Political and is owned by of Daily Political. If you are accessing this piece on another site, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at http://www.dailypolitical.com/2017/01/14/insider-selling-planet-fitness-inc-plnt-ceo-sells-409200-00-in-stock.html.

Large investors have recently added to or reduced their stakes in the company. BlackRock Group LTD raised its stake in Planet Fitness by 129.9% in the third quarter. BlackRock Group LTD now owns 5,923 shares of the company’s stock valued at $119,000 after buying an additional 3,347 shares in the last quarter. BlackRock Advisors LLC increased its position in Planet Fitness by 3.2% in the second quarter. BlackRock Advisors LLC now owns 7,732 shares of the company’s stock valued at $146,000 after buying an additional 240 shares during the last quarter. American International Group Inc. increased its position in Planet Fitness by 3.3% in the second quarter. American International Group Inc. now owns 9,045 shares of the company’s stock valued at $171,000 after buying an additional 288 shares during the last quarter. Penserra Capital Management LLC acquired a new position in Planet Fitness during the third quarter valued at $182,000. Finally, Nationwide Fund Advisors increased its position in Planet Fitness by 4.6% in the second quarter. Nationwide Fund Advisors now owns 10,261 shares of the company’s stock valued at $194,000 after buying an additional 452 shares during the last quarter. 84.51% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on the stock. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Planet Fitness in a research report on Thursday, January 5th. They issued an “outperform” rating and a $28.00 price objective for the company. Macquarie assumed coverage on shares of Planet Fitness in a research report on Thursday, January 5th. They issued an “outperform” rating and a $28.00 price objective for the company. Zacks Investment Research upgraded shares of Planet Fitness from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Tuesday, January 3rd. Guggenheim restated a “buy” rating and issued a $24.00 price objective on shares of Planet Fitness in a research report on Friday, December 23rd. Finally, Imperial Capital raised their price objective on shares of Planet Fitness from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, October 31st. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $24.17.

About Planet Fitness

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 its franchising business in the United States, Puerto Rico, Canada and the Dominican Republic.

5 Day Chart for NYSE:PLNT

Receive News & Ratings for Planet Fitness Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Planet Fitness Inc. and related companies with MarketBeat.com's FREE daily email newsletter.