From Yahoo Finance: 2025-03-30 08:38:00

SRS Investment Management is a New York-based firm founded by Karthik Sarma in 2006, focusing on diverse investments globally. The firm employs a research-driven approach to identify promising opportunities and emphasizes thorough due diligence in evaluating potential investments, aiming for high risk-adjusted returns.

As of Q4 2024, SRS oversees around $7 billion in 13F securities, with its top ten holdings accounting for 92.05% of total assets. The firm runs a Focused Investment Program targeting undervalued securities and active shareholder engagement to influence corporate actions for long-term value creation.

Planet Fitness, Inc. reported strong financial results for Q4 2024, with total revenue up 19.4% year-over-year to $340.5 million and net income rising to $47.1 million. The company plans for continued growth in 2025, projecting revenue and EBITDA increases, supported by expansion efforts and a strong financial position.

SRS Investment Management holds over 4.7 million shares in Planet Fitness, Inc., valued at $464 million. With 41 hedge funds holding stakes in the company, valued at nearly $1.79 billion at the end of Q4 2024, Planet Fitness remains a key player in the fitness industry.

Vulcan Value Partners praised Planet Fitness in its Q2 2024 investor letter, highlighting the company’s HVLP gym model, strong membership growth, and robust financial performance. Overall, Planet Fitness ranks 5th on SRS Investment Management’s list of top stocks to buy, with promising potential for investors.

Read more: Is Planet Fitness, Inc. (PLNT) the Top Stock to Buy According to SRS Investment Management?