The price of Palantir Technologies Inc (NASDAQ:PLTR) shares last traded on Wall Street rose 1.91%% to $139.92.
PLTR stock price is now 16.65% away from the 50-day moving average and 72.28% away from the 200-day moving average. The market capitalization of the company currently stands at $330.20B.
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, Palantir Technologies Inc., 10% Owner bought 1,040,557 shares of the company’s stock on Jun 18 ’25. The stock was bought for $2,153,953 at an average price of $2.07. Upon completion of the transaction, the 10% Owner now directly owns 4,461,564 shares in the company, valued at $624.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, Sankar Shyam sold 405,000 shares of the business’s stock. A total of $53,490,923 was realized by selling the stock at an average price of $132.08. This leaves the insider owning 702,786 shares of the company worth $98.33 million. A total of 9.39% 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 $144.86. 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.
