FNY Investment Advisers Boosts Planet Labs PBC Stake by 418%

Firm now owns 78,500 shares of satellite imaging company after adding 63,350 shares in Q3

Mar. 19, 2026 at 8:33am

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FNY Investment Advisers LLC increased its stake in Planet Labs PBC (NYSE:PL) by 418.2% in the third quarter, according to a recent SEC filing. The firm now owns 78,500 shares of the satellite imaging company's stock, up from 15,150 shares previously.

Why it matters

Planet Labs is a leading provider of high-frequency, high-resolution satellite imagery and data analytics, serving a range of industries. The significant increase in FNY Investment Advisers' stake suggests the firm sees strong growth potential in Planet Labs' business.

The details

According to the 13F filing, FNY Investment Advisers added 63,350 shares of Planet Labs during the third quarter, bringing its total position to 78,500 shares worth approximately $1.02 million. The firm's increased investment in Planet Labs comes as the company continues to expand its satellite constellation and data analytics capabilities, positioning it as a key player in the growing satellite imaging market.

  • FNY Investment Advisers increased its Planet Labs stake in the third quarter of 2026.

The players

FNY Investment Advisers LLC

An investment management firm that has increased its stake in Planet Labs PBC.

Planet Labs PBC

A public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries.

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The takeaway

FNY Investment Advisers' significant increase in its Planet Labs stake suggests the firm sees strong growth potential in the satellite imaging company's business, which could signal positive momentum for Planet Labs as it continues to expand its capabilities and market presence.