Planet Fitness Inc’s recently made public that its Div. President, U.S. Franchise Bode William unloaded Company’s shares for reported $0.46 million on Dec 05 ’24. In the deal valued at $100.14 per share,4,641 shares were sold. As a result of this transaction, Bode William now holds 22,063 shares worth roughly $2.23 million.
Then, Fitzgerald Thomas J III sold 16,848 shares, generating $1,598,763 in total proceeds. Upon selling the shares at $94.89, the Chief Financial Officer now owns 27,284 shares.
Before that, Simmons Jennifer sold 11,453 shares. Planet Fitness Inc shares valued at $1,101,820 were divested by the Div President, Corp Stores at a price of $96.20 per share. As a result of the transaction, Simmons Jennifer now holds 19,110 shares, worth roughly $1.94 million.
Macquarie downgraded its Planet Fitness Inc [PLNT] rating to a Neutral from a an Outperform in a research note published on November 08, 2024; the price target was increased to $99 from $91. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late September with a ‘”a Hold”‘ rating. Exane BNP Paribas also remained covering PLNT and has increased its forecast on September 05, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. TD Cowen revised its rating on June 24, 2024. It rated PLNT as “a Buy” which previously was an “a Hold”.
Price Performance Review of PLNT
On Monday, Planet Fitness Inc [NYSE:PLNT] saw its stock jump 1.05% to $101.29. Over the last five days, the stock has gained 1.53%. Planet Fitness Inc shares have risen nearly 2.45% since the year began. Nevertheless, the stocks have risen 40.94% over the past one year. While a 52-week high of $102.90 was reached on 01/06/25, a 52-week low of $54.35 was recorded on 01/02/25. SMA at 50 days reached $95.30, while 200 days put it at $78.01.
Levels Of Support And Resistance For PLNT Stock
The 24-hour chart illustrates a support level at 100.44, which if violated will result in even more drops to 99.58. On the upside, there is a resistance level at 102.40. A further resistance level may holdings at 103.50. The Relative Strength Index (RSI) on the 14-day chart is 59.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.97%. Stochastics %K at 57.68% 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 2024-12-13, growing by 0.17 million shares to a total of 2.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.82 million shares. There was a rise of 5.82%, which implies that there is a positive sentiment for the stock.
