Palantir Technologies Inc (NASDAQ: PLTR) is 11.97% higher on its value in year-to-date trading and has touched a low of $20.33 and a high of $125.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PLTR stock was last observed hovering at around $84.40 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $84.68, the stock is -1.86% and -7.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 78.55 million and changing 0.33% at the moment leaves the stock 49.66% off its SMA200. PLTR registered 268.01% gain for a year compared to 6-month gain of 129.86%. The firm has a 50-day simple moving average (SMA 50) of $91.543 and a 200-day simple moving average (SMA200) of $56.58075.
The stock witnessed a 1.51% loss in the last 1 month and extending the period to 3 months gives it a 7.08%, and is -12.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.91% over the week and 6.87% over the month.
Palantir Technologies Inc (PLTR) has around 3936 employees, a market worth around $198.60B and $2.87B in sales. Current P/E ratio is 447.81 and Fwd P/E is 124.44. Profit margin for the company is 16.13%. Distance from 52-week low is 316.53% and -32.48% from its 52-week high. The company has generated returns on investments over the last 12 months (8.89%).
with sales reaching $864.09M over the same period.The EPS is expected to grow by 32.55% this year, but quarterly earnings will post 31.65% year-over-year. Quarterly sales are estimated to grow 36.22% in year-over-year returns.
Palantir Technologies Inc (PLTR) Top Institutional Holders
2446.0 institutions hold shares in Palantir Technologies Inc (PLTR), with institutional investors hold 55.70% of the company’s shares. The shares outstanding are 2.24B, and float is at 2.12B with Short Float at 2.83%. Institutions hold 53.65% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 201.59 million shares valued at $5.11 billion. The investor’s holdings represent 9.1072% of the PLTR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 119.76 million shares valued at $3.03 billion to account for 5.3664 of the shares outstanding. The other top investors are STATE STREET CORP which holds 42.01 million shares representing 1.8981% and valued at over $1.06 billion, while RENAISSANCE TECHNOLOGIES LLC holds 1.7852 of the shares totaling 39.52 million with a market value of $1.0 billion.
Palantir Technologies Inc (PLTR) Insider Activity
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Palantir Technologies Inc disclosed in a document filed with the SEC on Mar 25 ’25 that Palantir Technologies Inc. (10% Owner) bought a total of 244,011 shares of the company’s common stock. The trade occurred on Mar 25 ’25 and was made at $3.88 per share for $0.95 million. Following the transaction, the insider now directly holds 3.42 million shares of the PLTR stock.
Still, SEC filings show that on Mar 17 ’25, Cohen Stephen Andrew disposed off 310,000 shares at an average price of $87.07 for $26.99 million. The insider now directly holds 592 shares of Palantir Technologies Inc (PLTR).
