Planet Labs director Kristen Robinson sells $565,560 in stock

Director Kristen Robinson of Planet Labs sold 40,000 shares of the company's Class A Common Stock on October 15, 2026, according to a recent SEC filing. The sales, made under a Rule 10b5-1 trading plan, totaled approximately $565,560 at an average price of $14.139 per share. Despite this transaction, Planet Labs remains a significant player in the market, boasting a market cap of $5.29 billion and strong revenue growth of 44% with impressive gross profit margins of 55%.

The company reported its fiscal second-quarter 2027 earnings, which surpassed Wall Street expectations, driven by strong demand from defense and intelligence customers, as well as satellite-services.

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