Palantir Technologies (NASDAQ:PLTR) Insider Jeffrey Buckley Sells 1,252 Shares of Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Jeffrey Buckley sold 1,252 shares of Palantir Technologies stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the transaction, the insider directly owned 47,044 shares in the company, valued at approximately $7,409,430. The trade was a 2.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jeffrey Buckley also recently made the following trade(s):

• On Friday, November 21st, Jeffrey Buckley sold 300 shares of Palantir Technologies stock. The shares were sold at an average price of $156.25, for a total value of $46,875.00.
• On Thursday, November 20th, Jeffrey Buckley sold 2,365 shares of Palantir Technologies stock. The shares were sold at an average price of $163.99, for a total value of $387,836.35.
• On Friday, August 29th, Jeffrey Buckley sold 2,803 shares of Palantir Technologies stock. The stock was sold at an average price of $157.00, for a total value of $440,071.00.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $162.25 on Tuesday. The stock’s 50-day moving average is $180.17 and its 200 day moving average is $158.83. Palantir Technologies Inc. has a 1-year low of $63.40 and a 1-year high of $207.52. The company has a market cap of $386.71 billion, a P/E ratio of 386.32, a PEG ratio of 6.00 and a beta of 2.63.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm posted $0.10 earnings per share. The company’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, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Institutional Trading of Palantir Technologies

Large investors have recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC purchased a new stake in Palantir Technologies in the second quarter valued at approximately $25,000. Wealth Preservation Advisors LLC purchased a new position in Palantir Technologies during the 1st quarter worth approximately $27,000. 1248 Management LLC acquired a new stake in Palantir Technologies during the 1st quarter valued at approximately $27,000. Briaud Financial Planning Inc purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of Palantir Technologies in the second quarter worth $27,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

PLTR has been the subject of several recent analyst reports. Wedbush set a $200.00 target price on shares of Palantir Technologies and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Jefferies Financial Group reissued an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Loop Capital upped their target price on Palantir Technologies from $178.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Cantor Fitzgerald increased their price target on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Finally, Mizuho boosted their price target on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $172.28.

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.