JSF Financial LLC Has $489,000 Holdings in Palantir Technologies Inc. $PLTR

JSF Financial LLC lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 17.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,584 shares of the company’s stock after buying an additional 536 shares during the period. JSF Financial LLC’s holdings in Palantir Technologies were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies in the 4th quarter valued at $450,000. Bison Wealth LLC increased its position in shares of Palantir Technologies by 37.4% in the fourth 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 during the period. NBC Securities Inc. increased its position in shares of Palantir Technologies by 84,775.0% in the first quarter. NBC Securities Inc. now owns 3,395 shares of the company’s stock worth $286,000 after purchasing an additional 3,391 shares during the period. Beacon Financial Group bought a new position in shares of Palantir Technologies in the first quarter worth $284,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Palantir Technologies by 86.7% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,333 shares of the company’s stock worth $281,000 after purchasing an additional 1,548 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Insider Transactions at Palantir Technologies

In other news, insider David A. Glazer sold 81,000 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 431,169 shares in the company, valued at approximately $66,602,675.43. The trade was a 15.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shyam Sankar sold 375,000 shares of Palantir Technologies stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $151.20, for a total transaction of $56,700,000.00. Following the transaction, the insider directly owned 702,786 shares of the company’s stock, valued at $106,261,243.20. This represents a 34.79% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,591,085 shares of company stock worth $244,676,722. Company insiders own 9.23% of the company’s stock.

Palantir Technologies Trading Down 7.5%

Shares of PLTR stock opened at $173.07 on Friday. The stock has a market cap of $410.58 billion, a price-to-earnings ratio of 576.92, a PEG ratio of 9.66 and a beta of 2.60. The stock has a 50-day moving average of $168.90 and a 200-day moving average of $136.98. Palantir Technologies Inc. has a 1-year low of $38.78 and a 1-year high of $190.00.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $939.29 million. During the same quarter in the prior year, the firm posted $0.09 earnings per share. The business’s quarterly revenue was up 48.0% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Wedbush set a $200.00 price objective on shares of Palantir Technologies and gave the stock an “outperform” rating in a research note on Tuesday, August 5th. UBS Group reaffirmed a “neutral” rating and set a $165.00 price target (up previously from $110.00) on shares of Palantir Technologies in a report on Tuesday, August 5th. Wall Street Zen downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Citigroup restated a “neutral” rating and set a $177.00 price objective (up from $158.00) on shares of Palantir Technologies in a research report on Tuesday, August 5th. Finally, DA Davidson set a $170.00 price objective on shares of Palantir Technologies and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Five research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $140.22.

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.