Palantir Technologies Inc. $PLTR Shares Purchased by Level Four Advisory Services LLC

Level Four Advisory Services LLC grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 8.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,106 shares of the company’s stock after purchasing an additional 1,859 shares during the period. Level Four Advisory Services LLC’s holdings in Palantir Technologies were worth $3,286,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PLTR. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies during the fourth quarter worth $450,000. Bison Wealth LLC boosted its position in shares of Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC grew its stake in shares of Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after purchasing an additional 4,722 shares during the period. Assetmark Inc. increased its holdings in shares of Palantir Technologies by 775.0% in the 1st quarter. Assetmark Inc. now owns 10,421 shares of the company’s stock valued at $880,000 after purchasing an additional 9,230 shares in the last quarter. Finally, Modera Wealth Management LLC increased its holdings in shares of Palantir Technologies by 6.3% in the 1st quarter. Modera Wealth Management LLC now owns 14,217 shares of the company’s stock valued at $1,200,000 after purchasing an additional 837 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 1,973 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $308,281.25. Following the sale, the insider directly owned 413,639 shares of the company’s stock, valued at $64,631,093.75. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 39,136 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $6,115,000.00. Following the completion of the transaction, the insider directly owned 592 shares of the company’s stock, valued at approximately $92,500. This represents a 98.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,146,892 shares of company stock worth $186,381,382 in the last quarter. Corporate insiders own 9.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PLTR. Jefferies Financial Group reissued an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Wedbush set a $200.00 price target on Palantir Technologies and gave the stock an “outperform” rating in a research note on Tuesday, August 5th. UBS Group upped their price target on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Citigroup lifted their price objective on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Finally, Morgan Stanley boosted their target price on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $172.28.

Palantir Technologies Price Performance

Shares of PLTR opened at $168.44 on Friday. Palantir Technologies Inc. has a 1-year low of $63.40 and a 1-year high of $207.52. The stock has a market cap of $401.46 billion, a price-to-earnings ratio of 401.05, a price-to-earnings-growth ratio of 6.43 and a beta of 2.63. The firm has a 50 day simple moving average of $179.48 and a 200-day simple moving average of $159.60.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, 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.