Sapient Capital LLC acquired a brand new stake in Palantir Applied sciences Inc. (NYSE:PLTR – Free Report) within the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor acquired 5,543 shares of the corporate’s inventory, valued at roughly $206,000.
Different hedge funds and different institutional traders additionally lately made adjustments to their positions within the firm. ORG Wealth Companions LLC acquired a brand new place in shares of Palantir Applied sciences within the third quarter price roughly $65,000. Procyon Advisors LLC grew its place in Palantir Applied sciences by 13.3% within the third quarter. Procyon Advisors LLC now owns 154,513 shares of the corporate’s inventory valued at $5,747,000 after buying an extra 18,142 shares through the interval. Thurston Springer Miller Herd & Titak Inc. raised its stake in Palantir Applied sciences by 46.7% through the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the corporate’s inventory price $82,000 after buying an extra 700 shares within the final quarter. Thomasville Nationwide Financial institution purchased a brand new place in shares of Palantir Applied sciences through the third quarter valued at $215,000. Lastly, Armstrong Advisory Group Inc. boosted its stake in shares of Palantir Applied sciences by 118.4% within the third quarter. Armstrong Advisory Group Inc. now owns 6,559 shares of the corporate’s inventory valued at $244,000 after buying an extra 3,556 shares within the final quarter. 45.65% of the inventory is owned by institutional traders.
Palantir Applied sciences Value Efficiency
Shares of NYSE:PLTR opened at $42.44 on Wednesday. The inventory has a market cap of $94.51 billion, a price-to-earnings ratio of 353.67 and a beta of two.72. The corporate has a 50 day transferring common of $34.78 and a 200-day transferring common of $27.72. Palantir Applied sciences Inc. has a one yr low of $14.48 and a one yr excessive of $44.39.
Palantir Applied sciences (NYSE:PLTR – Get Free Report) final launched its earnings outcomes on Monday, August fifth. The corporate reported $0.03 EPS for the quarter, lacking analysts’ consensus estimates of $0.04 by ($0.01). The enterprise had income of $678.13 million for the quarter, in comparison with analyst estimates of $653.23 million. Palantir Applied sciences had a return on fairness of 8.88% and a internet margin of 16.32%. Palantir Applied sciences’s income was up 27.2% on a year-over-year foundation. Throughout the identical interval within the prior yr, the agency posted $0.01 EPS. Equities analysis analysts anticipate that Palantir Applied sciences Inc. will publish 0.19 earnings per share for the present yr.
Insiders Place Their Bets
In associated information, Director Lauren Elaina Friedman Stat bought 3,050 shares of the inventory in a transaction that occurred on Thursday, August 1st. The shares had been bought at a median value of $26.43, for a complete worth of $80,611.50. Following the sale, the director now immediately owns 65,989 shares within the firm, valued at $1,744,089.27. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. In different information, insider Heather A. Planishek bought 20,000 shares of the agency’s inventory in a transaction dated Friday, October 4th. The inventory was bought at a median value of $39.95, for a complete transaction of $799,000.00. Following the sale, the insider now owns 562,006 shares of the corporate’s inventory, valued at $22,452,139.70. This commerce represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is accessible by means of this hyperlink. Additionally, Director Lauren Elaina Friedman Stat bought 3,050 shares of the enterprise’s inventory in a transaction that occurred on Thursday, August 1st. The shares had been bought at a median value of $26.43, for a complete worth of $80,611.50. Following the completion of the transaction, the director now owns 65,989 shares of the corporate’s inventory, valued at $1,744,089.27. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. During the last quarter, insiders have bought 17,837,176 shares of firm inventory price $649,593,747. Insiders personal 12.93% of the corporate’s inventory.
Analyst Scores Modifications
A number of brokerages lately issued reviews on PLTR. Northland Securities assumed protection on shares of Palantir Applied sciences in a report on Thursday, August twenty second. They set a “market carry out” ranking and a $35.00 value goal for the corporate. Northland Capmk upgraded shares of Palantir Applied sciences to a “maintain” ranking in a analysis observe on Thursday, August twenty second. Raymond James lowered Palantir Applied sciences from an “outperform” ranking to a “market carry out” ranking in a analysis report on Monday, September twenty third. Royal Financial institution of Canada reissued an “underperform” ranking and issued a $9.00 value goal on shares of Palantir Applied sciences in a analysis observe on Tuesday, August sixth. Lastly, Deutsche Financial institution Aktiengesellschaft raised their goal value on Palantir Applied sciences from $20.00 to $21.00 and gave the corporate a “promote” ranking in a analysis observe on Tuesday, August sixth. 5 funding analysts have rated the inventory with a promote ranking, eight have given a maintain ranking and three have issued a purchase ranking to the inventory. In line with MarketBeat, the corporate presently has a consensus ranking of “Maintain” and a median goal value of $27.29.
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About Palantir Applied sciences
Palantir Applied sciences Inc builds and deploys software program platforms for the intelligence neighborhood 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 determine patterns hidden deep inside datasets, starting from indicators 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.
Additional Studying
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