Planet Fitness, Inc. (NYSE:PLNT) CAO Richard L. Moore sold 1,640 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $27.00, for a total value of $44,280.00. Following the transaction, the chief accounting officer now directly owns 1,640 shares of the company’s stock, valued at approximately $44,280. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Planet Fitness, Inc. (NYSE:PLNT) traded up $0.58 during trading hours on Friday, hitting $26.82. The stock had a trading volume of 1,334,260 shares, compared to its average volume of 654,113. The stock has a market cap of $2,637.80, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 1.90 and a beta of 0.84. The company has a debt-to-equity ratio of -4.46, a quick ratio of 1.28 and a current ratio of 1.29.

Planet Fitness (NYSE:PLNT) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $107.31 million for the quarter, compared to the consensus estimate of $101.99 million. Planet Fitness had a negative return on equity of 57.01% and a net margin of 8.77%. The firm’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.17 EPS. research analysts predict that Planet Fitness, Inc. will post 0.78 earnings per share for the current year.

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A number of research analysts have commented on PLNT shares. BidaskClub lowered Planet Fitness from a “hold” rating to a “sell” rating in a research report on Sunday, July 9th. Zacks Investment Research raised Planet Fitness from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Wednesday, July 12th. Roth Capital set a $23.00 price target on Planet Fitness and gave the company a “buy” rating in a research report on Thursday, August 10th. Cowen and Company reaffirmed an “outperform” rating and set a $28.00 price target (up previously from $23.00) on shares of Planet Fitness in a research report on Thursday, August 10th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $29.00 price target (up previously from $26.00) on shares of Planet Fitness in a research report on Thursday, August 10th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $28.00.

Several institutional investors have recently bought and sold shares of the stock. Geneva Advisors LLC grew its stake in shares of Planet Fitness by 4.1% in the 2nd quarter. Geneva Advisors LLC now owns 40,691 shares of the company’s stock worth $950,000 after buying an additional 1,600 shares during the last quarter. Wolverine Trading LLC grew its stake in shares of Planet Fitness by 24.5% in the 2nd quarter. Wolverine Trading LLC now owns 11,704 shares of the company’s stock worth $274,000 after buying an additional 2,304 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Planet Fitness by 2.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 89,498 shares of the company’s stock worth $2,089,000 after buying an additional 2,369 shares during the last quarter. AHL Partners LLP grew its stake in shares of Planet Fitness by 11.0% in the 2nd quarter. AHL Partners LLP now owns 27,748 shares of the company’s stock worth $648,000 after buying an additional 2,756 shares during the last quarter. Finally, Fortaleza Asset Management Inc. grew its stake in shares of Planet Fitness by 57.9% in the 2nd quarter. Fortaleza Asset Management Inc. now owns 7,830 shares of the company’s stock worth $183,000 after buying an additional 2,870 shares during the last quarter.

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 the Company’s franchising business in the United States, Puerto Rico, the Dominican Republic and Canada.

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

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