Planet Labs Co-Founder Sells 73,782 Shares for Approximately $1.43 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 23h ago
0mins
Source: Fool
- Transaction Overview: On December 26, 2025, Planet Labs Co-Founder Robert H. Schingler sold 73,782 shares for approximately $1.43 million, reducing his direct holdings to 834,558 shares, which represents a 6% decrease in his stake.
- Consistency in Trading Behavior: This sale marks Schingler's second open-market transaction in the past year, closely matching the previous sale of 81,656 shares in October 2025, indicating a consistent trading pattern aligned with a pre-arranged plan.
- Value of Remaining Holdings: Post-transaction, Schingler's direct holdings are valued at around $16.2 million, while his indirect holdings through Ulysses Trust amount to 330,171 shares, reflecting his ongoing investment in the company.
- Market Reaction and Investment Advice: While the stock sale did not alarm investors, with Planet Labs shares recently hitting a 52-week high of $20.99, analysts suggest that it may not be the best time to buy, but rather a good opportunity for current shareholders to consider selling.
Analyst Views on PL
Wall Street analysts forecast PL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 15.41 USD with a low forecast of 10.90 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 19.720
Low
10.90
Averages
15.41
High
20.00
Current: 19.720
Low
10.90
Averages
15.41
High
20.00
About PL
Planet Labs PBC is a provider of global, daily satellite imagery and geospatial solutions. It designs, builds, and operates the earth observation fleet of imaging satellites. It provides mission-critical data, advanced insights, and software solutions comprising agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to derive value from satellite imagery. Its satellite data and analytics reveal actionable insights regarding phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Its daily stream of proprietary data and machine learning analytics, delivered over its cloud-native platform, helps companies, governments and civil society use satellite imagery to discover insights as change happens. Its digital technology platform includes Agile Aerospace, Proprietary Big Data, and Platform and Analytics. Its products include Planet Monitoring, Planet Tasking, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





