Whittier Belief Co. lower its holdings in Palantir Applied sciences Inc. (NYSE:PLTR – Free Report) by 1.9% through the second quarter, based on its most up-to-date Kind 13F submitting with the SEC. The fund owned 56,926 shares of the corporate’s inventory after promoting 1,126 shares through the interval. Whittier Belief Co.’s holdings in Palantir Applied sciences had been value $1,441,000 on the finish of the latest reporting interval.
A number of different institutional buyers and hedge funds have additionally lately purchased and offered shares of PLTR. Summit Securities Group LLC acquired a brand new stake in Palantir Applied sciences within the second quarter valued at $25,000. First United Financial institution & Belief acquired a brand new place in Palantir Applied sciences through the fourth quarter value roughly $26,000. West Paces Advisors Inc. boosted its holdings in shares of Palantir Applied sciences by 110.7% within the first quarter. West Paces Advisors Inc. now owns 1,180 shares of the corporate’s inventory valued at $27,000 after buying a further 620 shares through the interval. Massmutual Belief Co. FSB ADV boosted its holdings in shares of Palantir Applied sciences by 105.3% within the first quarter. Massmutual Belief Co. FSB ADV now owns 1,347 shares of the corporate’s inventory valued at $31,000 after buying a further 691 shares through the interval. Lastly, Bogart Wealth LLC elevated its holdings in shares of Palantir Applied sciences by 332.8% within the 1st quarter. Bogart Wealth LLC now owns 1,385 shares of the corporate’s inventory valued at $32,000 after buying a further 1,065 shares through the interval. 45.65% of the inventory is presently owned by hedge funds and different institutional buyers.
Palantir Applied sciences Inventory Up 2.1 %
Palantir Applied sciences inventory opened at $31.00 on Friday. The agency’s 50-day easy shifting common is $28.06 and its 200 day easy shifting common is $24.83. Palantir Applied sciences Inc. has a 52 week low of $13.68 and a 52 week excessive of $33.13. The agency has a market capitalization of $69.03 billion, a PE ratio of 258.33, a P/E/G ratio of 5.66 and a beta of two.71.
Palantir Applied sciences (NYSE:PLTR – Get Free Report) final introduced its quarterly earnings outcomes on Monday, August fifth. The corporate reported $0.03 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.04 by ($0.01). Palantir Applied sciences had a internet margin of 16.32% and a return on fairness of 8.88%. The enterprise had income of $678.13 million through the quarter, in comparison with analysts’ expectations of $653.23 million. Throughout the identical interval final yr, the corporate earned $0.01 EPS. The agency’s income for the quarter was up 27.2% on a year-over-year foundation. On common, analysis analysts anticipate that Palantir Applied sciences Inc. will publish 0.19 EPS for the present fiscal yr.
Insiders Place Their Bets
In associated 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 median value of $32.35, for a complete transaction of $1,617,500.00. Following the sale, the insider now owns 752,786 shares of the corporate’s inventory, valued at $24,352,627.10. The transaction was disclosed in a submitting with the SEC, which may be accessed by way of this hyperlink. In different Palantir Applied sciences information, Director Alexander D. Moore offered 20,422 shares of the inventory in a transaction on Monday, June tenth. The inventory was offered at a median value of $22.94, for a complete transaction of $468,480.68. Following the transaction, the director now owns 1,587,707 shares of the corporate’s inventory, valued at roughly $36,421,998.58. The sale was disclosed in a submitting with the SEC, which is accessible at the SEC web site. Additionally, insider Shyam Sankar offered 50,000 shares of the agency’s inventory in a transaction on Thursday, August twenty second. The inventory was offered at a median value of $32.35, for a complete worth of $1,617,500.00. Following the sale, the insider now owns 752,786 shares within the firm, valued at roughly $24,352,627.10. The disclosure for this sale may be discovered right here. Over the past 90 days, insiders offered 714,648 shares of firm inventory valued at $21,567,539. Company insiders personal 12.93% of the corporate’s inventory.
Analyst Scores Adjustments
PLTR has been the topic of numerous analysis experiences. Raymond James upped their goal value on shares of Palantir Applied sciences from $25.00 to $30.00 and gave the corporate an “outperform” score in a report on Tuesday, August sixth. Argus assumed protection on Palantir Applied sciences in a report on Monday, June seventeenth. They issued a “purchase” score and a $29.00 goal value on the inventory. Citigroup lifted their value goal on shares of Palantir Applied sciences from $25.00 to $28.00 and gave the corporate a “impartial” score in a analysis report on Tuesday, July thirtieth. Monness Crespi & Hardt lower their value goal on shares of Palantir Applied sciences from $20.00 to $18.00 and set a “promote” score for the corporate in a analysis report on Tuesday, August sixth. Lastly, William Blair reaffirmed an “underperform” score on shares of Palantir Applied sciences in a report on Tuesday, Might seventh. Six analysts have rated the inventory with a promote score, seven have issued a maintain score and 4 have assigned a purchase score to the corporate. Primarily based on information from MarketBeat.com, the inventory presently has a consensus score of “Maintain” and a median value goal of $23.93.
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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 offers Palantir Gotham, a software program platform which allows customers to establish patterns hidden deep inside datasets, starting from alerts intelligence sources to experiences 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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