Planet Fitness Ownership

PLNT Stock  USD 99.55  1.47  1.46%   
The majority of Planet Fitness outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Planet Fitness to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Planet Fitness. Please pay attention to any change in the institutional holdings of Planet Fitness as this could imply that something significant has changed or is about to change at the company.
 
Shares in Circulation  
First Issued
2014-03-31
Previous Quarter
87 M
Current Value
84.7 M
Avarage Shares Outstanding
72.2 M
Quarterly Volatility
21.6 M
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Planet Fitness in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Planet Fitness, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Dividends Paid is likely to drop to about 4.4 M in 2024. Dividend Yield is likely to drop to 0.0008 in 2024. Net Income Applicable To Common Shares is likely to gain to about 120 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 73.5 M in 2024.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Planet Stock Ownership Analysis

About 100.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.69. Planet Fitness last dividend was issued on the 18th of November 2016. Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire. Planet Fitness operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 1770 people. To find out more about Planet Fitness contact Christopher Rondeau at 603 750 0001 or learn more at https://www.planetfitness.com.
Besides selling stocks to institutional investors, Planet Fitness also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Planet Fitness' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Planet Fitness' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Planet Fitness Quarterly Liabilities And Stockholders Equity

3.05 Billion

Planet Fitness Insider Trades History

Less than 1% of Planet Fitness are currently held by insiders. Unlike Planet Fitness' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Planet Fitness' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Planet Fitness' insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Planet Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Planet Fitness is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Planet Fitness backward and forwards among themselves. Planet Fitness' institutional investor refers to the entity that pools money to purchase Planet Fitness' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
T. Rowe Price Associates, Inc.2024-06-30
2.2 M
Bank Of New York Mellon Corp2024-06-30
2.1 M
Franklin Resources Inc2024-09-30
1.8 M
Steadfast Capital Management Llc2024-09-30
1.7 M
Anomaly Capital Management, Lp2024-09-30
1.5 M
Cadian Capital Management Lp2024-09-30
1.5 M
Geode Capital Management, Llc2024-09-30
1.5 M
Two Creeks Capital Management, Lp2024-09-30
1.3 M
Bamco Inc2024-09-30
1.2 M
Blackrock Inc2024-06-30
10.3 M
Vanguard Group Inc2024-09-30
M
Note, although Planet Fitness' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Planet Fitness Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Planet Fitness insiders, such as employees or executives, is commonly permitted as long as it does not rely on Planet Fitness' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Planet Fitness insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Planet Fitness Outstanding Bonds

Planet Fitness issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Planet Fitness uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Planet bonds can be classified according to their maturity, which is the date when Planet Fitness has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Planet Fitness Corporate Filings

F4
18th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
14th of November 2024
An amended filing to the original Schedule 13G
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8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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10Q
7th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Thematic Opportunities

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.