11,720 Shares in Palantir Applied sciences Inc. (NYSE:PLTR) Purchased by M Holdings Securities Inc.

Palantir Technologies logoM Holdings Securities Inc. bought a brand new place in Palantir Applied sciences Inc. (NYSE:PLTR – Get Ranking) within the first quarter, HoldingsChannel.com studies. The fund bought 11,720 shares of the corporate’s inventory, valued at roughly $161,000.

Plenty of different institutional buyers additionally just lately made adjustments to their positions in PLTR. Endurance Wealth Administration Inc. acquired a brand new place in shares of Palantir Applied sciences within the first quarter price $27,000. IndexIQ Advisors LLC acquired a brand new place in Palantir Applied sciences within the first quarter valued at $27,000. Herold Advisors Inc. acquired a brand new place in Palantir Applied sciences within the first quarter valued at $35,000. TCI Wealth Advisors Inc. elevated its stake in Palantir Applied sciences by 58.5% within the first quarter. TCI Wealth Advisors Inc. now owns 2,820 shares of the corporate’s inventory valued at $39,000 after buying an extra 1,041 shares over the past quarter. Lastly, UMB Financial institution NA MO elevated its stake in Palantir Applied sciences by 58.6% within the first quarter. UMB Financial institution NA MO now owns 3,240 shares of the corporate’s inventory valued at $44,000 after buying an extra 1,197 shares over the past quarter. 30.80% of the inventory is owned by institutional buyers and hedge funds.

Palantir Applied sciences Worth Efficiency

Shares of NYSE PLTR opened at $7.78 on Monday. Palantir Applied sciences Inc. has a 1-year low of $6.44 and a 1-year excessive of $29.29. The enterprise has a 50-day transferring common of $9.00 and a 200-day transferring common of $9.93. The corporate has a market capitalization of $16.06 billion, a price-to-earnings ratio of -28.81 and a beta of three.89.

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Palantir Applied sciences (NYSE:PLTR – Get Ranking) final issued its earnings outcomes on Monday, August eighth. The corporate reported ($0.01) earnings per share for the quarter, lacking the consensus estimate of $0.03 by ($0.04). Palantir Applied sciences had a optimistic return on fairness of 0.06% and a unfavorable web margin of 30.90%. The corporate had income of $473.00 million throughout the quarter, in comparison with analysts’ expectations of $471.72 million. Throughout the identical interval within the earlier yr, the corporate earned $0.04 EPS. Palantir Applied sciences’s quarterly income was up 25.9% on a year-over-year foundation. Analysis analysts count on that Palantir Applied sciences Inc. will publish -0.2 EPS for the present fiscal yr.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of analyst studies. Raymond James initiated protection on Palantir Applied sciences in a analysis observe on Thursday, July twenty first. They issued a “strong-buy” score and a $20.00 goal worth for the corporate. Citigroup dropped their goal worth on Palantir Applied sciences from $7.00 to $6.00 and set a “promote” score for the corporate in a analysis observe on Tuesday, August ninth. Morgan Stanley dropped their goal worth on Palantir Applied sciences from $13.00 to $11.00 and set an “equal weight” score for the corporate in a analysis observe on Tuesday, August ninth. Deutsche Financial institution Aktiengesellschaft downgraded Palantir Applied sciences from a “maintain” score to a “promote” score and lowered their worth goal for the corporate from $11.00 to $8.00 in a analysis report on Tuesday, August ninth. Lastly, Financial institution of America started protection on Palantir Applied sciences in a analysis report on Tuesday, June twenty first. They set a “purchase” score and a $13.00 worth goal for the corporate. Three analysts have rated the inventory with a promote score, 5 have issued a maintain score, three have issued a purchase score and one has issued a powerful purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the inventory has a consensus score of “Maintain” and a consensus worth goal of $12.83.

Insider Exercise at Palantir Applied sciences

In associated information, insider Ryan D. Taylor bought 77,607 shares of the inventory in a transaction dated Friday, June twenty fourth. The inventory was bought at a median worth of $10.11, for a complete worth of $784,606.77. Following the completion of the transaction, the insider now owns 606,526 shares of the corporate’s inventory, valued at $6,131,977.86. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market on the SEC web site. In associated information, insider David A. Glazer bought 105,553 shares of the inventory in a transaction dated Tuesday, August 2nd. The inventory was bought at a median worth of $11.02, for a complete worth of $1,163,194.06. Following the completion of the transaction, the insider now owns 1,911,484 shares of the corporate’s inventory, valued at $21,064,553.68. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market on the SEC web site. Additionally, insider Ryan D. Taylor bought 77,607 shares of the corporate’s inventory in a transaction that occurred on Friday, June twenty fourth. The shares had been bought at a median worth of $10.11, for a complete worth of $784,606.77. Following the sale, the insider now owns 606,526 shares within the firm, valued at roughly $6,131,977.86. The disclosure for this sale may be discovered right here. During the last 90 days, insiders bought 408,794 shares of firm inventory valued at $4,052,368. Insiders personal 13.22% of the corporate’s inventory.

Palantir Applied sciences Profile

(Get Ranking)

Palantir Applied sciences Inc builds and deploys software program platforms for the intelligence group in the USA to help in counterterrorism investigations and operations. 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 studies 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 were recognized throughout the platform.

Featured Tales

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Institutional Ownership by Quarter for Palantir Technologies (NYSE:PLTR)

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