Bank Hapoalim BM Purchases 190 Shares of Palantir Technologies Inc. $PLTR

Bank Hapoalim BM raised its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 7.1% in the 2nd quarter, Holdings Channel reports. The firm owned 2,883 shares of the company’s stock after buying an additional 190 shares during the quarter. Bank Hapoalim BM’s holdings in Palantir Technologies were worth $393,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Quent Capital LLC boosted its holdings in Palantir Technologies by 17.9% in the 2nd quarter. Quent Capital LLC now owns 5,709 shares of the company’s stock valued at $778,000 after purchasing an additional 866 shares during the period. 111 Capital boosted its holdings in Palantir Technologies by 130.2% in the 2nd quarter. 111 Capital now owns 27,649 shares of the company’s stock valued at $3,769,000 after purchasing an additional 15,637 shares during the period. Ameriflex Group Inc. boosted its holdings in Palantir Technologies by 11.1% in the 2nd quarter. Ameriflex Group Inc. now owns 22,403 shares of the company’s stock valued at $3,232,000 after purchasing an additional 2,233 shares during the period. Single Point Partners LLC bought a new position in Palantir Technologies in the 2nd quarter valued at $256,000. Finally, Life Planning Partners Inc bought a new position in Palantir Technologies in the 2nd quarter valued at $300,000. 45.65% of the stock is owned by institutional investors.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $158.35, for a total value of $5,708,200.80. Following the transaction, the insider owned 307,470 shares in the company, valued at approximately $48,687,874.50. The trade was a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 191,720 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $151.37, for a total transaction of $29,020,656.40. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $89,611.04. The trade was a 99.69% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,591,085 shares of company stock valued at $244,676,722. Company insiders own 9.23% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the topic of several research reports. Wedbush set a $200.00 price objective on shares of Palantir Technologies and gave the company an “outperform” rating in a research report on Tuesday, August 5th. Morgan Stanley set a $155.00 price objective on shares of Palantir Technologies and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. Piper Sandler set a $182.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 5th. Citigroup restated a “neutral” rating and set a $177.00 price objective (up previously from $158.00) on shares of Palantir Technologies in a research report on Tuesday, August 5th. Finally, DA Davidson set a $170.00 price objective on shares of Palantir Technologies and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Five analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies currently has an average rating of “Hold” and a consensus target price of $140.22.

Palantir Technologies Stock Down 7.5%

Palantir Technologies stock opened at $173.07 on Friday. The company has a market capitalization of $410.58 billion, a PE ratio of 576.92, a P/E/G ratio of 10.44 and a beta of 2.60. The firm has a fifty day simple moving average of $168.90 and a two-hundred day simple moving average of $136.63. Palantir Technologies Inc. has a twelve month low of $38.78 and a twelve month high of $190.00.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $939.29 million. Palantir Technologies had a net margin of 22.18% and a return on equity of 10.75%. The firm’s revenue for the quarter was up 48.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 earnings per share. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies Company Profile

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.