Jupiter Asset Management Ltd. Takes Position in Palantir Technologies Inc. (NYSE:PLTR)

Jupiter Asset Administration Ltd. acquired a brand new stake in shares of Palantir Applied sciences Inc. (NYSE:PLTR – Free Report) within the second quarter, in line with its most up-to-date submitting with the Securities and Trade Fee. The fund acquired 327,700 shares of the corporate’s inventory, valued at roughly $5,020,000.

Numerous different hedge funds additionally not too long ago made adjustments to their positions in PLTR. AlphaCrest Capital Administration LLC bought a brand new place in Palantir Applied sciences through the first quarter valued at roughly $206,000. D.A. Davidson & CO. lifted its holdings in Palantir Applied sciences by 18.6% through the first quarter. D.A. Davidson & CO. now owns 14,579 shares of the corporate’s inventory valued at $200,000 after buying a further 2,286 shares within the final quarter. MetLife Funding Administration LLC bought a brand new place in Palantir Applied sciences through the first quarter valued at roughly $1,475,000. Cibc World Market Inc. lifted its holdings in Palantir Applied sciences by 38.3% through the first quarter. Cibc World Market Inc. now owns 226,834 shares of the corporate’s inventory valued at $3,114,000 after buying a further 62,814 shares within the final quarter. Lastly, Dimensional Fund Advisors LP lifted its holdings in Palantir Applied sciences by 71.9% through the first quarter. Dimensional Fund Advisors LP now owns 1,153,018 shares of the corporate’s inventory valued at $15,832,000 after buying a further 482,171 shares within the final quarter. 34.21% of the inventory is at the moment owned by institutional traders.

Analyst Rankings Adjustments

PLTR has been the subject of a number of analyst reviews. Wedbush reaffirmed an “outperform” score and set a $25.00 value goal on shares of Palantir Applied sciences in a report on Monday, September 18th. Mizuho lifted their value goal on shares of Palantir Applied sciences from $14.00 to $16.00 and gave the corporate a “impartial” score in a report on Tuesday, August eighth. TheStreet raised shares of Palantir Applied sciences from a “d” score to a “c-” score in a report on Friday, September twenty ninth. HSBC began protection on shares of Palantir Applied sciences in a report on Friday, September fifteenth. They issued a “maintain” score and a $16.00 goal value on the inventory. Lastly, Morgan Stanley downgraded shares of Palantir Applied sciences from an “equal weight” score to an “underweight” score and boosted their goal value for the inventory from $8.00 to $9.00 in a report on Thursday, August thirty first. Six equities analysis analysts have rated the inventory with a promote score, six have given a maintain score and three have issued a purchase score to the corporate’s inventory. Based on knowledge from MarketBeat, the inventory has a consensus score of “Maintain” and a median goal value of $13.25.

Learn Our Newest Analysis Report on Palantir Applied sciences

Palantir Applied sciences Inventory Efficiency

NYSE:PLTR opened at $20.49 on Friday. The inventory’s fifty day transferring common is $16.67 and its 200 day transferring common is $15.41. Palantir Applied sciences Inc. has a fifty-two week low of $5.84 and a fifty-two week excessive of $20.58. The agency has a market capitalization of $44.59 billion, a PE ratio of 341.56, a PEG ratio of three.47 and a beta of two.70.

Insider Exercise at Palantir Applied sciences

In associated information, insider Stephen Andrew Cohen bought 196,888 shares of the inventory in a transaction on Monday, August twenty first. The inventory was bought at a median value of $14.55, for a complete transaction of $2,864,720.40. Following the sale, the insider now owns 592 shares within the firm, valued at roughly $8,613.60. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by means of this hyperlink. In different Palantir Applied sciences information, insider Stephen Andrew Cohen bought 196,888 shares of the corporate’s inventory in a transaction on Monday, August twenty first. The inventory was bought at a median value of $14.55, for a complete worth of $2,864,720.40. Following the transaction, the insider now owns 592 shares of the corporate’s inventory, valued at roughly $8,613.60. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible by means of this hyperlink. Additionally, Director Alexander D. Moore bought 21,900 shares of the corporate’s inventory in a transaction on Friday, September 1st. The shares had been bought at a median value of $15.09, for a complete worth of $330,471.00. Following the completion of the transaction, the director now immediately owns 1,765,019 shares within the firm, valued at roughly $26,634,136.71. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders have bought 641,409 shares of firm inventory value $9,738,595. Firm insiders personal 13.96% of the corporate’s inventory.

Palantir Applied sciences Profile

(Free Report)

Palantir Applied sciences Inc builds and deploys software program platforms for the intelligence neighborhood in america to help in counterterrorism investigations and operations. The corporate gives Palantir Gotham, a software program platform which permits customers to establish patterns hidden deep inside datasets, starting from alerts intelligence sources to reviews from confidential informants, in addition to facilitates the handoff between analysts and operational customers, serving to operators plan and execute real-world responses to threats which were recognized throughout the platform.

Featured Tales

Wish to see what different hedge funds are holding PLTR? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Palantir Applied sciences Inc. (NYSE:PLTR – Free Report).

Institutional Ownership by Quarter for Palantir Technologies (NYSE:PLTR)

This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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