Planet Fitness, Inc. (PLNT)

On the bottom line, that translated to 17.9% growth in adjusted net income to $18.7 million, or $0.19 per diluted share. Following the sale, the chief accounting officer now owns 1,640 shares of the company's stock, valued at $44,280.

The top 5 institutional holders, in ascending order, are as follows: TSG6 MANAGEMENT L.L.C. with 16.09 million shares, ALLIANCEBERNSTEIN L.P. with 6.89 million shares, BANK OF NEW YORK MELLON CORP with 6.61 million shares, VANGUARD GROUP INC with 6.48 million shares, and BLACKROCK INC. with 4.8 million shares. Ameritas Investment Partners Inc. now owns 7,399 shares of the company's stock worth $173,000 after buying an additional 5,189 shares during the period. Finally, Fortaleza Asset Management Inc. raised its stake in shares of Planet Fitness by 57.9% during the 2nd quarter. Insiders have sold 81,640 shares of company stock valued at $2,158,080 over the last 90 days. Citadel Advisors LLC increased its stake in shares of Planet Fitness by 339.3% in the second quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of Planet Fitness during the third quarter worth approximately $214,000.

The most recent non open market insider trade was completed by DUNAWAY CAMBRIA W on 10/10/2017, and was a acquisition of 3,028 shares with a final price of $0. The company rocked its 52-Week High of $27.22 and touched its 52-Week Low of $18.32. (NYSE:PLNT) traded up 2.27% during midday trading on Tuesday, hitting $20.76. The volume of 0.95 Million shares climbed down over an trading activity of 1.07 Million shares. 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.

Planet Fitness (NYSE:PLNT) last released its earnings results on Wednesday, October 26th. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

Looking forward, for the quarter ending Dec-17, 11 analysts have a mean sales target of 123.33 million. (NYSE:PLNT) have received a consensus rating of "Buy" from the eleven analysts that are now covering the firm, Marketbeat Ratings reports.

Several brokerages recently commented on PLNT. Roth Capital upped their target price on shares of Planet Fitness from $23.00 to $27.00 and gave the company a "buy" rating in a research report on Monday, August 21st.

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Total shares held by institutions as of the most recent company filings are 103,948,485 with a reported 19,261,021 bought and 6,471,215 sold. Goldman Sachs Group Inc. lifted its holdings in shares of Planet Fitness by 1,196.3% during the 2nd quarter. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company.

Currently, the stock has a 1 Year Price Target of $0.

In related news, CEO Christopher Rondeau sold 2,000 shares of the company's stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $24.57, for a total value of $49,140.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. There were 36 sold out positions, amounting to 1.9 million shares. The stock was sold at an average price of $26.75, for a total value of $535,000.00.

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