New insider activity at Planet 13 Holdings ( (TSE:PLTH) ) has taken place on September 29, 2025.
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VP Operations Chris Wren recently sold 60,000 shares of Planet 13 Holdings stock, amounting to a total sale value of $13,500.
Recent Updates on TSE:PLTH stock
Planet 13 Holdings recently held its Q2 earnings call, revealing mixed results. The company reported growth in its SuperStore revenue and brand performance, with the SuperStore showing a 7% revenue increase and brands like Medizin and HaHa performing well. However, challenges such as a decline in total revenue, attributed to a tough macroeconomic environment and a drop in Las Vegas tourism, were noted. The company also faced a decrease in wholesale revenue and an adjusted EBITDA loss, though slightly improved from the previous quarter. Strategic store closures in Florida and a focus on operational efficiency were highlighted as measures to address these challenges. Despite the hurdles, improvements in product quality and cash flow management were positive signs. The company remains optimistic about leveraging its brand strength and SuperStore growth to navigate the current market conditions.
Spark’s Take on TSE:PLTH Stock
According to Spark, TipRanks’ AI Analyst, TSE:PLTH is a Neutral.
Planet 13 Holdings is facing significant financial challenges, with declining revenues and profitability being the most impactful factors. While there are some positive developments in specific areas, the overall financial health remains a concern. Technical indicators and valuation metrics also suggest caution, contributing to a lower overall stock score.
To see Spark’s full report on TSE:PLTH stock, click here.
More about Planet 13 Holdings
YTD Price Performance: -44.74%
Average Trading Volume: 818,338
Technical Sentiment Signal: Strong Sell
Current Market Cap: $68.92M