Advisors Asset Administration Inc. grew its stake in shares of Palantir Applied sciences Inc. (NYSE:PLTR – Free Report) by 76.0% within the third quarter, Holdings Channel stories. The institutional investor owned 53,665 shares of the corporate’s inventory after shopping for an extra 23,178 shares throughout the quarter. Advisors Asset Administration Inc.’s holdings in Palantir Applied sciences had been value $1,996,000 on the finish of the newest quarter.
Quite a lot of different institutional traders and hedge funds have additionally made adjustments to their positions within the firm. Worldwide Belongings Funding Administration LLC raised its holdings in Palantir Applied sciences by 3,476.2% within the third quarter. Worldwide Belongings Funding Administration LLC now owns 6,832,301 shares of the corporate’s inventory valued at $254,162,000 after shopping for an extra 6,641,253 shares throughout the interval. Marshall Wace LLP raised its stake in shares of Palantir Applied sciences by 594.3% within the 2nd quarter. Marshall Wace LLP now owns 3,550,176 shares of the corporate’s inventory valued at $89,926,000 after buying an extra 3,038,861 shares throughout the interval. Principal Monetary Group Inc. lifted its holdings in shares of Palantir Applied sciences by 226.2% throughout the third quarter. Principal Monetary Group Inc. now owns 2,839,680 shares of the corporate’s inventory valued at $105,636,000 after buying an extra 1,969,213 shares within the final quarter. Nationwide Financial institution of Canada FI boosted its place in Palantir Applied sciences by 2,722.2% throughout the 2nd quarter. Nationwide Financial institution of Canada FI now owns 1,716,830 shares of the corporate’s inventory value $44,427,000 after buying an extra 1,655,997 shares throughout the interval. Lastly, New York State Academics Retirement System acquired a brand new stake in Palantir Applied sciences within the third quarter valued at $57,563,000. 45.65% of the inventory is presently owned by institutional traders and hedge funds.
Palantir Applied sciences Inventory Efficiency
Shares of PLTR inventory opened at $64.35 on Monday. The inventory has a market capitalization of $146.59 billion, a price-to-earnings ratio of 321.77 and a beta of two.70. Palantir Applied sciences Inc. has a one 12 months low of $15.66 and a one 12 months excessive of $66.00. The corporate’s 50-day easy shifting common is $45.94 and its 200-day easy shifting common is $33.48.
Palantir Applied sciences (NYSE:PLTR – Get Free Report) final issued its earnings outcomes on Monday, November 4th. The corporate reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The corporate had income of $725.52 million throughout the quarter, in comparison with analyst estimates of $705.11 million. Palantir Applied sciences had a return on fairness of 9.94% and a web margin of 18.01%. The enterprise’s income was up 30.0% on a year-over-year foundation. Throughout the identical quarter final 12 months, the agency earned $0.03 EPS. As a bunch, analysis analysts forecast that Palantir Applied sciences Inc. will submit 0.21 EPS for the present 12 months.
Analyst Rankings Modifications
A number of equities analysis analysts have not too long ago weighed in on PLTR shares. Royal Financial institution of Canada reaffirmed an “underperform” score and issued a $9.00 goal worth on shares of Palantir Applied sciences in a analysis report on Tuesday, August sixth. Argus lower Palantir Applied sciences from a “purchase” score to a “maintain” score in a report on Thursday, November seventh. Wedbush lifted their worth goal on shares of Palantir Applied sciences from $38.00 to $45.00 and gave the corporate an “outperform” score in a analysis word on Thursday, September twenty sixth. Monness Crespi & Hardt decreased their goal worth on shares of Palantir Applied sciences from $20.00 to $18.00 and set a “promote” score for the corporate in a analysis word on Tuesday, August sixth. Lastly, Deutsche Financial institution Aktiengesellschaft lifted their worth goal on shares of Palantir Applied sciences from $20.00 to $21.00 and gave the inventory a “promote” score in a analysis word on Tuesday, August sixth. Six analysts have rated the inventory with a promote score, eight have issued a maintain score and two have assigned a purchase score to the corporate. In keeping with knowledge from MarketBeat, Palantir Applied sciences presently has a median score of “Maintain” and a consensus goal worth of $31.71.
Verify Out Our Newest Evaluation on PLTR
Insiders Place Their Bets
In different Palantir Applied sciences information, insider Heather A. Planishek bought 14,016 shares of Palantir Applied sciences inventory in a transaction that occurred on Thursday, August twenty ninth. The inventory was bought at a median worth of $30.67, for a complete worth of $429,870.72. Following the completion of the transaction, the insider now immediately owns 576,023 shares within the firm, valued at $17,666,625.41. The commerce was a 2.38 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the SEC, which is offered at this hyperlink. Additionally, insider Alexander C. Karp bought 1,007,496 shares of the corporate’s inventory in a transaction that occurred on Monday, November 18th. The shares had been bought at a median worth of $63.96, for a complete worth of $64,439,444.16. Following the transaction, the insider now immediately owns 6,432,258 shares of the corporate’s inventory, valued at $411,407,221.68. This commerce represents a 13.54 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. Insiders bought a complete of 34,167,451 shares of firm inventory valued at $1,603,067,889 over the past 90 days. 12.93% of the inventory is owned by firm insiders.
About Palantir Applied sciences
Palantir Applied sciences Inc builds and deploys software program platforms for the intelligence group to help in counterterrorism investigations and operations in america, the UK, and internationally. The corporate gives Palantir Gotham, a software program platform which permits customers to determine patterns hidden deep inside datasets, starting from alerts intelligence sources to stories from confidential informants, in addition to facilitates the handoff between analysts and operational customers, serving to operators plan and execute real-world responses to threats which have been recognized throughout the platform.
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