Advyzon Investment Management LLC Has $632,000 Holdings in Palantir Technologies Inc. $PLTR

Advyzon Investment Management LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 132.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,633 shares of the company’s stock after buying an additional 2,641 shares during the quarter. Advyzon Investment Management LLC’s holdings in Palantir Technologies were worth $632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC bought a new stake in shares of Palantir Technologies during the second quarter worth $25,000. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies during the 2nd quarter worth about $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies during the 2nd quarter worth $27,000. Frazier Financial Advisors LLC acquired a new stake in Palantir Technologies during the second quarter worth approximately $28,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at approximately $31,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related 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 completion of the transaction, the insider directly owned 431,169 shares in the company, valued at $66,602,675.43. The trade was a 15.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $158.35, for a total transaction of $5,708,200.80. Following the transaction, the insider directly owned 307,470 shares of the company’s stock, valued at $48,687,874.50. The trade was a 10.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,527,750 shares of company stock valued at $234,463,896 in the last 90 days. Corporate insiders own 12.93% of the company’s stock.

Palantir Technologies Trading Down 1.4%

PLTR opened at $190.96 on Wednesday. Palantir Technologies Inc. has a 12 month low of $58.53 and a 12 month high of $207.52. The business’s 50-day moving average price is $179.15 and its 200-day moving average price is $155.63. The company has a market cap of $453.02 billion, a P/E ratio of 454.68, a P/E/G ratio of 7.51 and a beta of 2.63.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly 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 net margin of 28.11% and a return on equity of 15.48%. The company 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 business posted $0.10 EPS. The firm’s 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. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup increased their price target on Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Wall Street Zen upgraded Palantir Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Palantir Technologies in a report on Wednesday, November 5th. Piper Sandler upped their price objective on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $173.45.

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.