Planet Fitness Inc’s recently made public that its Div. President, U.S. Franchise Bode William unloaded Company’s shares for reported $0.16 million on Aug 14 ’24. In the deal valued at $79.02 per share,2,000 shares were sold. As a result of this transaction, Bode William now holds 27,504 shares worth roughly $2.27 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, WILLIAM R. BODE bought 2,000 shares, generating $158,045 in total proceeds.
Before that, O’Donnell Brian sold 6,424 shares. Planet Fitness Inc shares valued at $497,174 were divested by the SVP, Chief Accounting Officer at a price of $77.39 per share. As a result of the transaction, O’Donnell Brian now holds 6,778 shares, worth roughly $0.56 million.
Exane BNP Paribas upgraded its Planet Fitness Inc [PLNT] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. Jefferies also remained covering PLNT and has increased its forecast on June 10, 2024 with a “Buy” recommendation from previously “Hold” rating. Stifel revised its rating on May 10, 2024. It rated PLNT as “a Hold” which previously was an “a Buy”.
Price Performance Review of PLNT
On Friday, Planet Fitness Inc [NYSE:PLNT] saw its stock jump 0.10% to $82.39. Over the last five days, the stock has gained 1.02%. Planet Fitness Inc shares have risen nearly 12.86% since the year began. Nevertheless, the stocks have risen 39.93% over the past one year. While a 52-week high of $83.36 was reached on 09/13/24, a 52-week low of $44.13 was recorded on 03/20/24. SMA at 50 days reached $77.71, while 200 days put it at $69.42.
Levels Of Support And Resistance For PLNT Stock
The 24-hour chart illustrates a support level at 81.63, which if violated will result in even more drops to 80.88. On the upside, there is a resistance level at 83.56. A further resistance level may holdings at 84.74. The Relative Strength Index (RSI) on the 14-day chart is 63.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.34%. Stochastics %K at 69.71% indicates the stock is a holding.
How much short interest is there in Planet Fitness Inc?
A steep rise in short interest was recorded in Planet Fitness Inc stocks on 2024-08-30, growing by 34971.0 shares to a total of 5.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 5.04 million shares. There was a rise of 0.69%, which implies that there is a positive sentiment for the stock.
