Conestoga Capital Advisors released its second-quarter 2025 investor letter, reporting a 15.65% net-of-fees appreciation for the Conestoga Micro Cap Composite, underperforming the Russell Microcap Growth Index’s 20.92% return. The firm does not expect the fund to align with index performance due to market volatility and stock quality. Review the top 5 holdings for key selections in 2025.

In the same investor letter, Conestoga Capital Advisors highlighted Planet Labs PBC (NYSE:PL), a company designing, constructing, and launching satellite constellations for geospatial data. Planet Labs PBC (NYSE:PL) saw a 9.02% one-month return and gained 172.54% over the past 52 weeks, closing at $6.65 per share on July 25, 2025.

Conestoga Capital Advisors praised Planet Labs PBC (NYSE:PL) for its leadership in Earth observation data with daily satellite scans, strong demand in defense and civil markets, and expected growth in the commercial segment. The company reported stronger than expected free cash flow in its fiscal 1Q, making it a promising investment.

Despite some positive aspects, Planet Labs PBC (NYSE:PL) is not among the 30 Most Popular Stocks Among Hedge Funds. While the company reported $66.3 million in revenue in the first quarter of fiscal 2026, showing 10% year-over-year growth, certain AI stocks may offer greater upside potential with lower downside risk. Explore other investment opportunities for better returns.

Read more at Yahoo Finance: Robust Demand Sends Planet Labs PBC (PL) Higher