5,344 Shares in Palantir Technologies Inc. (NASDAQ:PLTR) Purchased by Chiron Investment Management LLC

Chiron Investment Management LLC purchased a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,344 shares of the company’s stock, valued at approximately $404,000.

A number of other large investors have also added to or reduced their stakes in PLTR. Sunbelt Securities Inc. grew its holdings in shares of Palantir Technologies by 700.0% in the third quarter. Sunbelt Securities Inc. now owns 1,960 shares of the company’s stock valued at $73,000 after purchasing an additional 1,715 shares in the last quarter. M&T Bank Corp grew its stake in shares of Palantir Technologies by 37.0% in the 3rd quarter. M&T Bank Corp now owns 170,043 shares of the company’s stock worth $6,326,000 after buying an additional 45,965 shares in the last quarter. World Investment Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth about $347,000. Wilmington Savings Fund Society FSB raised its position in shares of Palantir Technologies by 48.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 17,538 shares of the company’s stock valued at $652,000 after buying an additional 5,747 shares in the last quarter. Finally, Synovus Financial Corp raised its position in shares of Palantir Technologies by 85.9% during the 3rd quarter. Synovus Financial Corp now owns 17,898 shares of the company’s stock valued at $666,000 after buying an additional 8,270 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Down 0.0 %

Shares of PLTR opened at $88.55 on Monday. The company has a 50 day moving average of $92.81 and a two-hundred day moving average of $73.27. Palantir Technologies Inc. has a twelve month low of $20.33 and a twelve month high of $125.41. The company has a market cap of $207.68 billion, a price-to-earnings ratio of 466.08, a price-to-earnings-growth ratio of 10.84 and a beta of 2.74.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Cantor Fitzgerald boosted their price objective on Palantir Technologies from $72.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. UBS Group boosted their target price on Palantir Technologies from $80.00 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, February 4th. Northland Securities raised their price target on Palantir Technologies from $38.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 4th. Bank of America boosted their price objective on shares of Palantir Technologies from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Finally, Loop Capital reissued a “buy” rating on shares of Palantir Technologies in a research report on Friday, April 4th. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $75.19.

Insider Activity

In other Palantir Technologies news, insider Heather A. Planishek sold 13,891 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $115.96, for a total transaction of $1,610,800.36. Following the transaction, the insider now owns 512,006 shares in the company, valued at approximately $59,372,215.76. This represents a 2.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lauren Elaina Friedman Stat sold 800 shares of Palantir Technologies stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $81.25, for a total transaction of $65,000.00. Following the sale, the director now owns 61,339 shares of the company’s stock, valued at $4,983,793.75. The trade was a 1.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,989,975 shares of company stock worth $253,328,090. Insiders own 12.93% 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.