Palantir Technologies Inc. (NYSE:PLTR – Get Free Report) insider Heather A. Planishek sold 2,398 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $21.30, for a total value of $51,077.40. Following the sale, the insider now directly owns 639,696 shares of the company’s stock, valued at $13,625,524.80. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Palantir Technologies Price Performance
Palantir Technologies stock opened at $21.28 on Thursday. The business has a 50 day simple moving average of $22.51 and a 200 day simple moving average of $20.73. Palantir Technologies Inc. has a one year low of $11.82 and a one year high of $27.50. The company has a market capitalization of $47.39 billion, a PE ratio of 176.51, a price-to-earnings-growth ratio of 4.90 and a beta of 2.76.
Hedge Funds Weigh In On Palantir Technologies
Institutional investors have recently bought and sold shares of the business. West Paces Advisors Inc. grew its stake in shares of Palantir Technologies by 110.7% during the first quarter. West Paces Advisors Inc. now owns 1,180 shares of the company’s stock worth $27,000 after purchasing an additional 620 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in Palantir Technologies by 105.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 1,347 shares of the company’s stock valued at $31,000 after acquiring an additional 691 shares during the period. Bogart Wealth LLC grew its stake in Palantir Technologies by 332.8% in the first quarter. Bogart Wealth LLC now owns 1,385 shares of the company’s stock valued at $32,000 after acquiring an additional 1,065 shares during the period. Halpern Financial Inc. grew its stake in Palantir Technologies by 44.0% in the first quarter. Halpern Financial Inc. now owns 1,440 shares of the company’s stock valued at $33,000 after acquiring an additional 440 shares during the period. Finally, Pacifica Partners Inc. acquired a new position in Palantir Technologies in the fourth quarter valued at about $27,000. Institutional investors own 45.65% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on PLTR
Palantir Technologies Company Profile
Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.
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