Planet Labs CFO Ashley Johnson sells $944k in company stock
Ashley Johnson, President and CFO of Planet Labs, sold $944,311 worth of the company's stock on September 15 and 17, 2026. The transactions involved 55,663 shares held indirectly by the Johnson Joint Revocable Trust, sold at an average price of $16.9648 per share. This sale occurred amid stock price volatility, with a 32% drop over six months despite a 60% annual gain.
Johnson also acquired 5,588 shares at no cost on September 15 as part of performance restricted stock units. Additionally, the company withheld 3,071 shares and 84,873 shares to cover tax liabilities, valued at $16.02 per share. Planet Labs reported strong Q2 2027 results, surpassing expectations with $116.1 million in revenue and a 58% increase year-over-year.
The company also secured a €25 million satellite services contract with the German Federal Ministry of the Interior. Analysts maintain mixed ratings, with Needham lowering the stock price target to $40 from $53 and Citizens maintaining a Market Perform rating.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
