Palantir Technologies Inc (NASDAQ: PLTR) is 440.46% higher on its value in year-to-date trading and has touched a low of $21.23 and a high of $148.21 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 $139.12 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $139.71, the stock is 1.83% and 8.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 59.58 million and changing 0.42% at the moment leaves the stock 61.72% off its SMA200. PLTR registered 84.73% gain for a year compared to 6-month gain of 85.81%. The firm has a 50-day simple moving average (SMA 50) of $128.4528 and a 200-day simple moving average (SMA200) of $86.38985.
The stock witnessed a 16.51% loss in the last 1 month and extending the period to 3 months gives it a 88.77%, and is 2.49% up 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 3.86% over the week and 4.32% over the month.
Palantir Technologies Inc (PLTR) has around 3936 employees, a market worth around $329.70B and $3.12B in sales. Current P/E ratio is 610.09 and Fwd P/E is 190.97. Profit margin for the company is 18.32%. Distance from 52-week low is 558.08% and -5.74% from its 52-week high. The company has generated returns on investments over the last 12 months (10.15%).
The EPS is expected to grow by 41.81% this year.
Palantir Technologies Inc (PLTR) Top Institutional Holders
2733.0 institutions hold shares in Palantir Technologies Inc (PLTR), with institutional investors hold 57.97% of the company’s shares. The shares outstanding are 2.26B, and float is at 2.14B with Short Float at 2.49%. Institutions hold 55.86% 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 9.0335% 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 1.8827% and valued at over $1.06 billion, while RENAISSANCE TECHNOLOGIES LLC holds 1.7707 of the shares totaling 39.52 million with a market value of $1.0 billion.
Palantir Technologies Inc (PLTR) Insider Activity
The most recent transaction is an insider sale by Woersching Eric H.,the company’sDirector. SEC filings show that Woersching Eric H. sold 10,214 shares of the company’s common stock on Jul 01 ’25 at a price of $130.95 per share for a total of $1.34 million. Following the sale, the insider now owns 2348.0 shares.
Palantir Technologies Inc disclosed in a document filed with the SEC on Jul 01 ’25 that Moore Alexander D. (Director) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Jul 01 ’25 and was made at $131.06 per share for $2.62 million. Following the transaction, the insider now directly holds 1.31 million shares of the PLTR stock.
Still, SEC filings show that on Jul 01 ’25, Taylor Ryan D. disposed off 33,335 shares at an average price of $135.31 for $4.51 million. The insider now directly holds 363,755 shares of Palantir Technologies Inc (PLTR).