Palantir Technologies Inc (NASDAQ: PLTR) is 66.06% higher on its value in year-to-date trading and has touched a low of $20.63 and a high of $133.49 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 $126.33 in the last trading session, with the day’s loss setting it -0.74%.
Currently trading at $125.59, the stock is 5.68% and 25.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 60.6 million and changing -0.59% at the moment leaves the stock 79.12% off its SMA200. PLTR registered 480.09% gain for a year compared to 6-month gain of 112.22%.
The stock witnessed a 38.31% loss in the last 1 month and extending the period to 3 months gives it a 12.07%, and is -1.96% 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 3.33% over the week and 5.13% over the month.
Palantir Technologies Inc (PLTR) has around 3936 employees, a market worth around $296.38B and $3.12B in sales. Current P/E ratio is 548.43 and Fwd P/E is 170.88. Profit margin for the company is 18.32%. Distance from 52-week low is 508.77% and -5.92% 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 42.24% this year.
Palantir Technologies Inc (PLTR) Top Institutional Holders
The shares outstanding are 2.26B, and float is at 2.14B with Short Float at 2.57%.
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
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Still, SEC filings show that on May 20 ’25, RYAN TAYLOR (Officer) Proposed Sale 46,580 shares at an average price of $126.39 for $5.89 million. The insider now directly holds shares of Palantir Technologies Inc (PLTR).
