Is Planet Labs Stock a Buy or Sell After Its Co-Founder Sold Shares Worth $1.4 Million?

Core Insights - Planet Labs PBC, a leading geospatial data provider, reported a significant insider sale by Co-Founder and Chief Strategy Officer Robert H. Schingler, who sold 73,782 shares for approximately $1.43 million on December 26, 2025 [1][2][9] Company Overview - As of December 26, 2025, Planet Labs' stock price was $19.35, with a market capitalization of $6.17 billion and a trailing twelve months (TTM) revenue of $282.46 million [4] - The company's stock experienced a remarkable 414.11% increase over the past year [4] Transaction Details - The insider sale represented about 6.0% of Mr. Schingler's direct holdings, reducing his direct stake to 834,558 shares [6] - Post-transaction, Mr. Schingler's direct holdings were valued at approximately $16.2 million, while his indirect holdings through Ulysses Trust 02021.1 amounted to 330,171 shares [6] Financial Performance - Planet Labs reported a record revenue of $81.3 million for its fiscal third quarter ended October 31, marking a 33% year-over-year increase [10] - The company improved its fiscal Q3 loss from operations to $18.3 million, down from a loss of $22.6 million in the previous year [10] Market Position - Planet Labs operates one of the largest commercial fleets of Earth observation satellites, providing high-frequency geospatial data and imagery products [8] - The company's competitive advantage lies in its high revisit rates and proprietary data processing technology, positioning it as a key player in the geospatial intelligence market [8]