In a filing, Planet Fitness Inc revealed 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 $2.19 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 $1.9 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 Friday, Planet Fitness Inc [NYSE:PLNT] saw its stock jump 2.43% to $99.24. Over the last five days, the stock has lost -1.73%. Planet Fitness Inc shares have risen nearly 0.37% since the year began. Nevertheless, the stocks have risen 50.68% over the past one year. While a 52-week high of $110.00 was reached on 01/30/25, a 52-week low of $54.35 was recorded on 02/21/25. SMA at 50 days reached $102.72, while 200 days put it at $84.93.
Levels Of Support And Resistance For PLNT Stock
The 24-hour chart illustrates a support level at 97.71, which if violated will result in even more drops to 96.18. On the upside, there is a resistance level at 100.26. A further resistance level may holdings at 101.28. The Relative Strength Index (RSI) on the 14-day chart is 40.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.04%. Stochastics %K at 17.01% indicates the stock is a buying.
