Palantir Technologies Inc (NASDAQ:PLTR) shares traded 2.70% higher at $136.39 on Wall Street last session.
PLTR stock price is now 21.67% away from the 50-day moving average and 76.09% away from the 200-day moving average. The market capitalization of the company currently stands at $321.87B.
With the price target of $90, Daiwa Securities recently initiated with Neutral rating for Palantir Technologies Inc (NASDAQ: PLTR). , while ‘Loop Capital’ rates the stock as ‘Buy’
In other news, Woersching Eric H., Director sold 17,000 shares of the company’s stock on Jun 09 ’25. The stock was sold for $2,197,986 at an average price of $129.29. Upon completion of the transaction, the Director now directly owns 12,562 shares in the company, valued at $1.71 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’25, Director Moore Alexander D. sold 20,000 shares of the business’s stock. A total of $2,507,592 was realized by selling the stock at an average price of $125.38. This leaves the insider owning 1,332,978 shares of the company worth $181.8 million. A total of 9.44% of the company’s stock is owned by insiders.
During the past 12 months, Palantir Technologies Inc has had a low of $21.23 and a high of $135.28. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 6.49, and a quick ratio of 6.49.
The net profit margin was 18.32% and return on equity was 12.41% for PLTR. The company reported revenue of $883.86 million for the quarter, compared to $634.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.34 percent.
