Palantir Technologies Inc. (NYSE:PLTR) Shares Purchased by Kiley Juergens Wealth Management LLC

Kiley Juergens Wealth Management LLC raised its stake in shares of Palantir Technologies Inc. (NYSE:PLTR) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,135 shares of the company’s stock after purchasing an additional 1,195 shares during the period. Kiley Juergens Wealth Management LLC’s holdings in Palantir Technologies were worth $432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC increased its position in Palantir Technologies by 74.9% during the third quarter. Truvestments Capital LLC now owns 1,635 shares of the company’s stock worth $26,000 after purchasing an additional 700 shares during the last quarter. Pacifica Partners Inc. acquired a new stake in shares of Palantir Technologies in the fourth quarter worth $27,000. Resurgent Financial Advisors LLC acquired a new stake in shares of Palantir Technologies in the fourth quarter worth $28,000. Provence Wealth Management Group acquired a new stake in shares of Palantir Technologies in the third quarter worth $34,000. Finally, Glass Jacobson Investment Advisors llc acquired a new stake in shares of Palantir Technologies in the third quarter worth $35,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Citigroup raised shares of Palantir Technologies from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $10.00 to $20.00 in a research report on Tuesday, February 6th. Raymond James upped their target price on shares of Palantir Technologies from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Tuesday, February 6th. Royal Bank of Canada restated an “underperform” rating and issued a $5.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 6th. Mizuho upped their target price on shares of Palantir Technologies from $18.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, March 7th. Finally, Monness Crespi & Hardt downgraded shares of Palantir Technologies from a “neutral” rating to a “sell” rating and set a $20.00 target price for the company. in a research note on Thursday, March 28th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Hold” and an average target price of $18.35.

Insider Activity

In other news, Director Alexandra W. Schiff sold 5,000 shares of Palantir Technologies stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $22.74, for a total value of $113,700.00. Following the completion of the transaction, the director now directly owns 186,783 shares of the company’s stock, valued at approximately $4,247,445.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Alexandra W. Schiff sold 5,000 shares of Palantir Technologies stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $22.74, for a total value of $113,700.00. Following the completion of the transaction, the director now directly owns 186,783 shares of the company’s stock, valued at approximately $4,247,445.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ryan D. Taylor sold 120,000 shares of Palantir Technologies stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $22.00, for a total transaction of $2,640,000.00. Following the completion of the transaction, the insider now directly owns 181,460 shares of the company’s stock, valued at $3,992,120. The disclosure for this sale can be found here. In the last three months, insiders sold 7,456,273 shares of company stock valued at $184,343,202. Company insiders own 13.96% of the company’s stock.

Palantir Technologies Trading Down 0.1 %

NYSE PLTR traded down $0.03 during trading hours on Tuesday, reaching $21.87. 33,787,733 shares of the company traded hands, compared to its average volume of 65,940,094. Palantir Technologies Inc. has a 12 month low of $7.28 and a 12 month high of $27.50. The stock has a market capitalization of $48.39 billion, a PE ratio of 243.03, a PEG ratio of 5.56 and a beta of 2.78. The company has a 50 day moving average of $23.96 and a two-hundred day moving average of $19.80.

Palantir Technologies (NYSE:PLTR) last posted its quarterly earnings data on Monday, February 5th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). Palantir Technologies had a net margin of 9.43% and a return on equity of 6.17%. The company had revenue of $608.35 million for the quarter, compared to the consensus estimate of $603.48 million. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 0.16 earnings per share for the current year.

About Palantir Technologies

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.