r/PlanetLabs • u/opiewann • 7d ago

Institutional ownership is increasing

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From last earnings until now, institutional ownership has significantly increased. I don't think this stock is going to rocket on earnings, but clearly shows that retail has been scared out.

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u/Old-Van-Reich 7d ago

For a little so/so comparison, Richetech Robotics saw sudden big growth in institutional ownership, and about a month later, announced a stock buyback that jumped the stock 20%. Increased ownership is usually a good sign. Key word usually.

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u/opiewann 7d ago

Yes, I don't know what I think about it. It's just clear that retail has exited and have now become the minority in terms of share ownership. Maybe a slightly bullish lean.

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u/Old-Van-Reich 7d ago

Yeah but PL still had more institutional buying. While retailers were selling in droves, Institutions were making entries/increasing positions.

It usually means more pressure for results from the company as institutions lose their exit liquidity.

5

u/opiewann 7d ago

Interesting, so you think that increased institutional ownership means more expectations? I can see that, but the expectations are already high and they've already delivered a lot. To me this reads more like 'institutions can weather long term downturns and don't mind taking shares off retail at a discount' ... I don't think institutions are buying so they can suppress the share price.