Palantir Technologies Inc. $PLTR Shares Bought by Bradley & Co. Private Wealth Management LLC

Bradley & Co. Private Wealth Management LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 145.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,012 shares of the company’s stock after buying an additional 2,974 shares during the period. Palantir Technologies comprises approximately 0.4% of Bradley & Co. Private Wealth Management LLC’s holdings, making the stock its 23rd biggest position. Bradley & Co. Private Wealth Management LLC’s holdings in Palantir Technologies were worth $683,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Signature Resources Capital Management LLC bought a new position in shares of Palantir Technologies during the second quarter valued at approximately $25,000. Briaud Financial Planning Inc acquired a new position in Palantir Technologies during the 2nd quarter valued at approximately $27,000. Frazier Financial Advisors LLC bought a new position in Palantir Technologies during the 2nd quarter worth $28,000. Family Legacy Financial Solutions LLC acquired a new stake in Palantir Technologies in the second quarter worth $31,000. Finally, Tradewinds Capital Management LLC lifted its stake in Palantir Technologies by 147.4% in the second quarter. Tradewinds Capital Management LLC now owns 235 shares of the company’s stock valued at $32,000 after buying an additional 140 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PLTR shares. Cantor Fitzgerald upped their price target on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research report on Tuesday. Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday. Citigroup raised their price target on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday. Finally, Bank of America raised their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $173.45.

Palantir Technologies Price Performance

NASDAQ PLTR opened at $177.93 on Friday. Palantir Technologies Inc. has a 12 month low of $55.30 and a 12 month high of $207.52. The firm has a market capitalization of $422.11 billion, a PE ratio of 423.65, a P/E/G ratio of 6.78 and a beta of 2.63. The company’s 50 day simple moving average is $177.73 and its 200 day simple moving average is $153.68.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping 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 company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the business earned $0.10 EPS. The company’s quarterly revenue was up 62.8% compared to the same quarter last year. Palantir Technologies has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 375,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $151.20, for a total transaction of $56,700,000.00. Following the completion of the sale, the insider directly owned 702,786 shares in the company, valued at approximately $106,261,243.20. This trade represents a 34.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 81,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $154.47, for a total value of $12,512,070.00. Following the sale, the insider owned 431,169 shares of the company’s stock, valued at $66,602,675.43. This trade represents a 15.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,527,750 shares of company stock worth $234,463,896. Company insiders own 9.23% of the company’s stock.

Palantir Technologies 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.