Planet Labs PBC (PL) Director Robinson Sells $566K of Stock
Planet Labs director Kristen Robinson sold 40,000 shares of stock valued at roughly $565,560 on October 15, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kristen Robinson, Director at Planet Labs PBC ($PL), sold 40,000 shares at an average price of $14.14, worth about $565,560, on October 15, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $PL is down 6.7% to date (from the $14.54 close on Oct 15, 2026).
PL
Planet Labs PBC
Key Points
- Planet Labs director Kristen Robinson sold 40,000 shares at an average price of $14.14 for a total value of about $565,560 in a pre-arranged transaction filed with the SEC.
- After the trade, Kristen Robinson indirectly holds 182,897 $PL shares, down 17.95% from before the trade.
- Institutional investors like Driehaus Capital Management and American Century Companies adjusted their positions earlier in the year.
- Several Wall Street firms including Wedbush and Goldman Sachs maintain various ratings on the aerospace stock ahead of the upcoming December earnings release.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Planet Labs PBC alert may contain errors. Disclosures
Planet Labs PBC director Kristen Robinson sold 40,000 shares of the satellite-imaging company on October 15, 2026. According to a Form 4 filing with the U.S. Securities and Exchange Commission, the transaction was executed at a price of $14.14 per share, totaling approximately $565,560.
Inside Kristen Robinson's Planet Labs Trade
The planned sale was carried out under a pre-arranged Rule 10b5-1 trading plan. Planet Labs shares closed at $14.54 on the day of the transaction. This sale follows recent insider activity at the company, including a sale by director John W. Raymond earlier in the month.
Other Institutional Activity in Planet Labs
Other institutional investors have actively adjusted their stakes in the satellite firm. Driehaus Capital Management reduced its holdings by 592,927 shares, ending with 7,918,693 shares worth about $251,972,808. Alphabet Inc. kept its stake steady at 35,248,893 shares valued at around $477,975,003. American Century Companies Inc grew its holdings by 8,586,223 shares, ending with 14,399,902 shares worth about $195,262,677. Van Eck Associates Corporation grew its holdings by 1,633,251 shares, ending with 9,915,458 shares worth about $134,453,614. Shaw D.E. & Co., Inc. grew its holdings by 1,776,059 shares, ending with 9,747,600 shares worth about $132,177,460.
Planet Labs PBC Stock Down 4.0%
The company recently traded around $13.57. Shares have faced downward pressure over the past year.
Recent Earnings
The company posted trailing revenue of $378.3 million alongside negative earnings per share.
Insider Buying and Selling at Planet Labs PBC
Several insiders have completed transactions in recent months. President Ashley Fieglein Johnson and officer Robert H Schingler both sold shares in September 2026.
Analysts Set New Price Targets
On July 1, 2026, Wedbush reiterates the stock with an Outperform rating and a $50 price target. On July 14, 2026, Goldman Sachs maintains the stock with a Neutral rating and a $25 price target. On September 4, 2026, Citizens reiterates the stock with a Market Perform rating. On September 4, 2026, Needham maintains the stock with a Buy rating and a $40 price target. On October 9, 2026, Barclays initiates the stock with an Equal-Weight rating and a $17 price target. Analysts maintain a general buy consensus on the company.
About Planet Labs PBC
Planet Labs designs and launches constellations of satellites to provide geospatial data through an online platform. The company operates SuperDove satellites to image the Earth daily.
Bottom Line
Investors will watch for the company's next financial results scheduled for December 9, 2026. Further regulatory filings will reveal any additional insider trading activity.
Related Filing Alerts
Source: Kristen Robinson's Form 4 filing on $PL (Oct 15, 2026). Read the original filing: Form 4 filing on SEC EDGAR. Written by software, not financial advice. How we make alerts