Planet Fitness Ownership

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. 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. 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.