New insider activity at Planet 13 Holdings ( (TSE:PLTH) ) has taken place on August 27, 2025.
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Chief Administrative Officer Lee Fraser has recently sold 100,000 shares of Planet 13 Holdings, amounting to a total transaction value of $28,000.
Recent Updates on TSE:PLTH stock
In the last 24 hours, Planet 13 Holdings has experienced significant developments affecting its stock performance. The company reported a challenging Q2 2025, with a revenue decline of 13.6% to $26.9 million and a net loss of $13.3 million, attributed to increased competition and price compression in key markets. Despite implementing cost-saving measures, the company’s financial metrics showed a decline, with gross profit and adjusted EBITDA both decreasing. ATB Capital downgraded the stock due to these financial challenges, emphasizing the tough operating environment. The company is focusing on strategic expansions, including opening new dispensaries in Florida and launching a revamped loyalty program, to enhance customer engagement and market presence. Additionally, an expanded license agreement with Ovation Science aims to introduce new products in Florida, potentially boosting future revenues. Management remains optimistic about long-term growth through operational discipline and strategic pricing.
Spark’s Take on TSE:PLTH Stock
According to Spark, TipRanks’ AI Analyst, TSE:PLTH is a Neutral.
Planet 13 Holdings faces significant financial challenges, with declining revenues and profitability being the most impactful factors. Technical analysis shows some neutral to slightly positive signals, but valuation concerns persist due to ongoing losses. The earnings call highlighted both strengths and weaknesses, resulting in a mixed outlook.
To see Spark’s full report on TSE:PLTH stock, click here.
More about Planet 13 Holdings
YTD Price Performance: -22.63%
Average Trading Volume: 741,793
Technical Sentiment Signal: Sell
Current Market Cap: $95.27M