Palantir Technologies Inc (NASDAQ:PLTR) shares traded -10.05% lower at $76.38 on Wall Street last session.
PLTR stock price is now -12.33% away from the 50-day moving average and 48.66% away from the 200-day moving average. The market capitalization of the company currently stands at $179.14B.
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On February 20, 2025, Loop Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $141, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Schiff Alexandra W., Director sold 6,776 shares of the company’s stock on Mar 05 ’25. The stock was sold for $587,010 at an average price of $86.63. Upon completion of the transaction, the Director now directly owns 184,617 shares in the company, valued at $14.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Director Moore Alexander D. sold 20,000 shares of the business’s stock. A total of $1,743,735 was realized by selling the stock at an average price of $87.19. This leaves the insider owning 1,390,630 shares of the company worth $106.22 million. A total of 9.60% of the company’s stock is owned by insiders.
During the past 12 months, Palantir Technologies Inc has had a low of $20.33 and a high of $125.41. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 5.96, and a quick ratio of 5.96.
The net profit margin was 16.13% and return on equity was 10.90% for PLTR. The company reported revenue of $827.52 million for the quarter, compared to $608.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.03 percent. For the current quarter, analysts expect PLTR to generate $873.88M in revenue.
