Edmond DE Rothschild Holding S.A. Has $219,000 Stock Holdings in Palantir Technologies Inc. (NASDAQ:PLTR)

Edmond DE Rothschild Holding S.A. lowered its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 70.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,891 shares of the company's stock after selling 6,745 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Palantir Technologies were worth $219,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Heritage Wealth Management Inc. CA increased its position in shares of Palantir Technologies by 0.4% in the fourth quarter. Heritage Wealth Management Inc. CA now owns 29,024 shares of the company's stock worth $2,195,000 after acquiring an additional 111 shares in the last quarter. Westover Capital Advisors LLC boosted its stake in Palantir Technologies by 1.8% in the 4th quarter. Westover Capital Advisors LLC now owns 7,330 shares of the company's stock worth $554,000 after purchasing an additional 130 shares during the period. Tritonpoint Wealth LLC grew its position in Palantir Technologies by 1.9% during the 4th quarter. Tritonpoint Wealth LLC now owns 7,100 shares of the company's stock worth $537,000 after purchasing an additional 132 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its stake in Palantir Technologies by 2.2% during the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 6,523 shares of the company's stock valued at $493,000 after purchasing an additional 139 shares during the period. Finally, Truvestments Capital LLC lifted its holdings in shares of Palantir Technologies by 1.2% in the fourth quarter. Truvestments Capital LLC now owns 12,311 shares of the company's stock valued at $931,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock.

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Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 98,177 shares of Palantir Technologies stock in a transaction on Monday, March 31st. The stock was sold at an average price of $82.80, for a total value of $8,129,055.60. Following the completion of the transaction, the insider now owns 403,171 shares in the company, valued at approximately $33,382,558.80. The trade was a 19.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Heather A. Planishek sold 13,891 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $115.96, for a total value of $1,610,800.36. Following the sale, the insider now owns 512,006 shares in the company, valued at $59,372,215.76. The trade was a 2.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,993,175 shares of company stock worth $253,549,610 over the last ninety days. Corporate insiders own 12.93% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PLTR. Daiwa America upgraded Palantir Technologies to a "hold" rating in a report on Tuesday. Robert W. Baird upped their target price on Palantir Technologies from $70.00 to $100.00 and gave the company a "neutral" rating in a report on Tuesday, February 4th. DA Davidson raised their price target on shares of Palantir Technologies from $47.00 to $105.00 and gave the stock a "neutral" rating in a report on Tuesday, February 4th. Mizuho increased their target price on shares of Palantir Technologies from $44.00 to $80.00 and gave the stock an "underperform" rating in a research report on Tuesday, February 4th. Finally, Morgan Stanley upgraded shares of Palantir Technologies from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $60.00 to $95.00 in a report on Tuesday, February 4th. Five investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $75.19.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR traded down $3.85 on Thursday, hitting $83.60. The stock had a trading volume of 93,636,202 shares, compared to its average volume of 68,768,764. The company has a market capitalization of $196.07 billion, a price-to-earnings ratio of 440.02, a price-to-earnings-growth ratio of 10.84 and a beta of 2.81. The firm's 50 day moving average price is $92.77 and its 200-day moving average price is $70.43. Palantir Technologies Inc. has a twelve month low of $20.33 and a twelve month high of $125.41.

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.