Key Points
- Jeffrey Buckley sold 300 shares on Nov. 21 at an average price of $156.25 (total $46,875) and has made several recent sales (Nov. 24: 1,252 shares at $157.50; Nov. 20: 2,365 at $163.99; Aug. 29: 2,803 at $157), leaving him with 48,296 shares—a 0.62% reduction valued at about $7.55M.
- Palantir beat Q3 expectations with EPS of $0.21 vs. $0.17 forecast and revenue of $1.18B (up 62.8% year-over-year versus $1.09B expected).
- Several analysts recently raised price targets, but the consensus rating remains Hold with an average price target of $172.28.
Palantir Technologies Inc. (NASDAQ:PLTR - Get Free Report) insider Jeffrey Buckley sold 300 shares of the business's stock in a transaction on Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $46,875.00. Following the completion of the sale, the insider owned 48,296 shares in the company, valued at $7,546,250. This represents a 0.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Jeffrey Buckley also recently made the following trade(s):
- On Monday, November 24th, Jeffrey Buckley sold 1,252 shares of Palantir Technologies stock. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00.
- On Thursday, November 20th, Jeffrey Buckley sold 2,365 shares of Palantir Technologies stock. The stock was sold at an average price of $163.99, for a total transaction of $387,836.35.
- On Friday, August 29th, Jeffrey Buckley sold 2,803 shares of Palantir Technologies stock. The stock was sold at an average price of $157.00, for a total transaction of $440,071.00.
Palantir Technologies Price Performance
Shares of PLTR opened at $162.25 on Tuesday. The company has a market capitalization of $386.71 billion, a P/E ratio of 386.32, a PEG ratio of 6.00 and a beta of 2.63. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52. The business's 50 day simple moving average is $180.17 and its 200-day simple moving average is $158.83.
Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.09 billion. During the same period last year, the firm posted $0.10 EPS. The business's revenue was up 62.8% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Tuesday, November 4th. Wedbush set a $200.00 target price on shares of Palantir Technologies and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Bank of America increased their price target on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a "buy" rating in a research note on Tuesday, November 4th. The Goldman Sachs Group boosted their price objective on shares of Palantir Technologies from $141.00 to $188.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 4th. Finally, UBS Group increased their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a "neutral" rating in a research report on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $172.28.
Check Out Our Latest Analysis on Palantir Technologies
Hedge Funds Weigh In On Palantir Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signature Resources Capital Management LLC acquired a new stake in shares of Palantir Technologies during the second quarter worth $25,000. Wealth Preservation Advisors LLC bought a new position in Palantir Technologies during the first quarter worth about $27,000. 1248 Management LLC bought a new position in Palantir Technologies during the first quarter worth about $27,000. Briaud Financial Planning Inc acquired a new position in shares of Palantir Technologies during the 2nd quarter worth about $27,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at about $27,000. 45.65% of the stock is owned by institutional investors.
Palantir Technologies Company Profile
(
Get Free Report)
Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.
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