BillboardGui Flicker

The BillboardGui flickers whenever I turn the camera, and it overlays on top of the planet, which I do not want either of. Now this may be some weird BillboardGui behavior, but again, it is quite annoying to have to deal with. I have looked all across BillboardGuis for a fix to this issue. “AlwaysOnTop” seems to fix this issue, but it would overlay over anything, which is certainly not what I want.

Okay, so I managed to fix the weird flickering issue, it had something to do with transparent parts. However, the overlaying issue still persists.
Intended Behavior:

The BillboardGui goes behind the part as intended.
Actual Behavior:

The BillboardGui quasi-clips through the part resulting in this weird artifact.