Hantz Monetary Providers Inc. purchased a brand new stake in shares of Palantir Applied sciences Inc. (NYSE:PLTR – Free Report) throughout the second quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities and Alternate Fee. The fund purchased 1,880 shares of the corporate’s inventory, valued at roughly $48,000.
Different giant traders have additionally lately modified their holdings of the corporate. Summit Securities Group LLC bought a brand new stake in Palantir Applied sciences within the second quarter value about $25,000. West Paces Advisors Inc. lifted its stake in shares of Palantir Applied sciences by 110.7% within the 1st quarter. West Paces Advisors Inc. now owns 1,180 shares of the corporate’s inventory valued at $27,000 after buying an extra 620 shares throughout the interval. Massmutual Belief Co. FSB ADV boosted its place in shares of Palantir Applied sciences by 105.3% throughout the first quarter. Massmutual Belief Co. FSB ADV now owns 1,347 shares of the corporate’s inventory valued at $31,000 after buying an extra 691 shares within the final quarter. Bogart Wealth LLC grew its stake in Palantir Applied sciences by 332.8% within the first quarter. Bogart Wealth LLC now owns 1,385 shares of the corporate’s inventory value $32,000 after buying an extra 1,065 shares throughout the interval. Lastly, Halpern Monetary Inc. raised its holdings in Palantir Applied sciences by 44.0% within the first quarter. Halpern Monetary Inc. now owns 1,440 shares of the corporate’s inventory value $33,000 after buying an extra 440 shares within the final quarter. Institutional traders personal 45.65% of the corporate’s inventory.
Insiders Place Their Bets
In different information, insider Shyam Sankar offered 50,000 shares of the agency’s inventory in a transaction on Thursday, August twenty second. The shares had been offered at a mean worth of $32.35, for a complete transaction of $1,617,500.00. Following the sale, the insider now immediately owns 752,786 shares within the firm, valued at roughly $24,352,627.10. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which could be accessed by the SEC web site. In different Palantir Applied sciences information, insider Shyam Sankar offered 50,000 shares of the inventory in a transaction on Thursday, August twenty second. The inventory was offered at a mean worth of $32.35, for a complete worth of $1,617,500.00. Following the completion of the sale, the insider now owns 752,786 shares within the firm, valued at roughly $24,352,627.10. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible at this hyperlink. Additionally, insider Heather A. Planishek offered 11,373 shares of the enterprise’s inventory in a transaction dated Tuesday, August twentieth. The shares had been offered at a mean worth of $32.25, for a complete worth of $366,779.25. Following the completion of the transaction, the insider now owns 600,633 shares within the firm, valued at $19,370,414.25. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders have offered 714,648 shares of firm inventory value $21,567,539. Firm insiders personal 12.93% of the corporate’s inventory.
Palantir Applied sciences Inventory Up 1.5 %
Palantir Applied sciences inventory opened at $31.48 on Tuesday. Palantir Applied sciences Inc. has a 52-week low of $13.68 and a 52-week excessive of $33.13. The corporate has a market cap of $70.50 billion, a P/E ratio of 262.36, a P/E/G ratio of 5.55 and a beta of two.71. The enterprise has a 50-day easy transferring common of $28.36 and a two-hundred day easy transferring common of $24.92.
Palantir Applied sciences (NYSE:PLTR – Get Free Report) final posted its quarterly earnings knowledge on Monday, August fifth. The corporate reported $0.03 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.04 by ($0.01). Palantir Applied sciences had a return on fairness of 8.88% and a web margin of 16.32%. The enterprise had income of $678.13 million throughout the quarter, in comparison with analysts’ expectations of $653.23 million. Throughout the identical interval within the earlier 12 months, the enterprise posted $0.01 EPS. The enterprise’s quarterly income was up 27.2% in comparison with the identical quarter final 12 months. Analysis analysts anticipate that Palantir Applied sciences Inc. will publish 0.19 EPS for the present fiscal 12 months.
Wall Road Analysts Forecast Progress
PLTR has been the subject of plenty of analysis reviews. HSBC boosted their goal worth on shares of Palantir Applied sciences from $22.00 to $23.00 and gave the corporate a “maintain” ranking in a report on Tuesday, Might seventh. Northland Securities began protection on shares of Palantir Applied sciences in a analysis word on Thursday, August twenty second. They set a “market carry out” ranking and a $35.00 worth goal on the inventory. William Blair reaffirmed an “underperform” ranking on shares of Palantir Applied sciences in a analysis word on Tuesday, Might seventh. Jefferies Monetary Group lifted their goal worth on shares of Palantir Applied sciences from $24.00 to $28.00 and gave the corporate a “maintain” ranking in a report on Monday, July twenty ninth. Lastly, Mizuho downgraded Palantir Applied sciences from a “impartial” ranking to an “underperform” ranking and upped their worth goal for the inventory from $21.00 to $22.00 in a analysis word on Tuesday, July sixteenth. 5 analysts have rated the inventory with a promote ranking, seven have assigned a maintain ranking and 4 have assigned a purchase ranking to the corporate. Based on knowledge from MarketBeat.com, the inventory presently has a consensus ranking of “Maintain” and a mean goal worth of $25.00.
View Our Newest Evaluation on PLTR
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 the US, the UK, and internationally. The corporate gives Palantir Gotham, a software program platform which permits customers to establish patterns hidden deep inside datasets, starting from alerts intelligence sources to reviews 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.
See Additionally
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