New insider activity at Planet 13 Holdings ( (TSE:PLTH) ) has taken place on August 28, 2025.
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In recent transactions involving Planet 13 Holdings, VP of Operations Chris Wren sold 200,000 shares, amounting to a total of $56,000. Additionally, Co-CEO Robert Groesbeck sold 478,000 shares, with the sale valued at $137,540.
Recent Updates on TSE:PLTH stock
In the last 24 hours, Planet 13 Holdings experienced significant developments impacting its stock performance. The company reported a challenging Q2 2025, with revenue declining by 13.6% to $26.9 million and a net loss of $13.3 million, attributed to a tough operating environment with increased competition and price compression. Despite implementing cost-saving measures, the financial results led ATB Capital to downgrade the stock to Underperform, citing the company’s ongoing financial struggles and negative earnings. However, Planet 13 continued its strategic expansion by opening new dispensaries in Florida and launching a revamped loyalty program. Additionally, an expanded license agreement with Ovation Science aims to introduce new cannabis products in Florida, potentially enhancing market presence. Management remains optimistic about long-term growth through strategic initiatives and cost reductions.
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: -23.42%
Average Trading Volume: 750,748
Technical Sentiment Signal: Sell
Current Market Cap: $95.62M