Planet Fitness Grew Revenue 22%, So Why Did One Investor Trim $20 Million?

Dorsal Capital sold 225,000 shares of Planet Fitness last quarter, an estimated $19.78 million trade based on quarterly average pricing. The article is a factual ownership/flow update with no operating or guidance changes disclosed. Impact is likely limited unless followed by additional selling or changes in institutional positioning.

Analysis

Dorsal Capital sold 225,000 shares of Planet Fitness last quarter, an estimated $19.78 million trade based on quarterly average pricing. The article is a factual ownership/flow update with no operating or guidance changes disclosed. Impact is likely limited unless followed by additional selling or changes in institutional positioning.