Creative Financial Designs Inc. ADV Has $441,000 Stock Holdings in Palantir Technologies Inc. (NYSE:PLTR)

Creative Financial Designs Inc. ADV cut its position in Palantir Technologies Inc. (NYSE:PLTR) by 4.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 11,856 shares of the company’s stock after selling 517 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Palantir Technologies were worth $441,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Walter & Keenan Wealth Management LLC IN ADV increased its position in Palantir Technologies by 1.2% during the third quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 19,587 shares of the company’s stock worth $729,000 after acquiring an additional 235 shares during the period. Greater Midwest Financial Group LLC increased its holdings in Palantir Technologies by 0.3% in the 3rd quarter. Greater Midwest Financial Group LLC now owns 87,392 shares of the company’s stock valued at $3,251,000 after buying an additional 250 shares during the period. LCM Capital Management Inc raised its stake in shares of Palantir Technologies by 0.9% in the 3rd quarter. LCM Capital Management Inc now owns 32,455 shares of the company’s stock valued at $1,207,000 after buying an additional 300 shares in the last quarter. Creekmur Asset Management LLC lifted its holdings in shares of Palantir Technologies by 46.0% during the 3rd quarter. Creekmur Asset Management LLC now owns 1,063 shares of the company’s stock worth $40,000 after acquiring an additional 335 shares during the period. Finally, HBW Advisory Services LLC increased its stake in Palantir Technologies by 3.6% in the third quarter. HBW Advisory Services LLC now owns 10,198 shares of the company’s stock valued at $379,000 after acquiring an additional 354 shares during the period. Institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PLTR shares. Northland Capmk upgraded Palantir Technologies to a “hold” rating in a research report on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft raised their price target on Palantir Technologies from $20.00 to $21.00 and gave the company a “sell” rating in a report on Tuesday, August 6th. Royal Bank of Canada restated an “underperform” rating and issued a $9.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 6th. Wedbush raised their price objective on shares of Palantir Technologies from $38.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. Finally, The Goldman Sachs Group boosted their price objective on shares of Palantir Technologies from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.86.

Palantir Technologies Stock Up 0.9 %

NYSE PLTR opened at $41.92 on Friday. Palantir Technologies Inc. has a 12-month low of $15.66 and a 12-month high of $45.14. The firm’s 50 day moving average is $37.98 and its 200-day moving average is $29.55. The company has a market capitalization of $93.88 billion, a PE ratio of 246.60 and a beta of 2.70.

Palantir Technologies (NYSE:PLTR) last released its earnings results on Monday, August 5th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $678.13 million during the quarter, compared to the consensus estimate of $653.23 million. Palantir Technologies had a net margin of 16.32% and a return on equity of 8.88%. Palantir Technologies’s quarterly revenue was up 27.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.01 earnings per share. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.19 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 4,500,000 shares of Palantir Technologies stock in a transaction on Monday, September 16th. The shares were sold at an average price of $36.07, for a total transaction of $162,315,000.00. Following the completion of the transaction, the insider now directly owns 6,432,258 shares of the company’s stock, valued at $232,011,546.06. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, insider Ryan D. Taylor sold 249,684 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $30.01, for a total transaction of $7,493,016.84. Following the transaction, the insider now directly owns 372,565 shares of the company’s stock, valued at approximately $11,180,675.65. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 4,500,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $36.07, for a total value of $162,315,000.00. Following the sale, the insider now directly owns 6,432,258 shares in the company, valued at $232,011,546.06. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,204,508 shares of company stock worth $802,654,666 over the last 90 days. Company insiders own 12.93% of the company’s stock.

Palantir Technologies Profile

Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.