Trust Co. of Vermont Purchases 150 Shares of Palantir Technologies Inc. $PLTR

Trust Co. of Vermont lifted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,527 shares of the company’s stock after buying an additional 150 shares during the period. Trust Co. of Vermont’s holdings in Palantir Technologies were worth $208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PLTR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Palantir Technologies by 10.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,668,082 shares of the company’s stock valued at $984,786,000 after purchasing an additional 1,135,841 shares during the period. Golden State Equity Partners lifted its stake in Palantir Technologies by 10.1% in the second quarter. Golden State Equity Partners now owns 18,361 shares of the company’s stock valued at $2,503,000 after buying an additional 1,677 shares in the last quarter. FMB Wealth Management acquired a new position in shares of Palantir Technologies in the second quarter valued at approximately $223,000. Hummer Financial Advisory Services Inc bought a new stake in shares of Palantir Technologies during the second quarter worth $225,000. Finally, Bank of New Hampshire increased its position in shares of Palantir Technologies by 11.4% during the second quarter. Bank of New Hampshire now owns 19,842 shares of the company’s stock worth $2,705,000 after acquiring an additional 2,023 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on PLTR. Mizuho set a $165.00 price objective on shares of Palantir Technologies in a research report on Monday, September 15th. Morgan Stanley set a $155.00 price target on Palantir Technologies and gave the company an “equal weight” rating in a report on Tuesday, August 5th. Bank of America increased their price objective on Palantir Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. The Goldman Sachs Group lifted their target price on Palantir Technologies from $90.00 to $141.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Finally, Wedbush set a $200.00 target price on Palantir Technologies and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Four research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $140.22.

Palantir Technologies Stock Performance

PLTR opened at $187.05 on Friday. Palantir Technologies Inc. has a 52-week low of $37.37 and a 52-week high of $190.00. The firm has a market capitalization of $443.75 billion, a PE ratio of 623.52, a PEG ratio of 10.32 and a beta of 2.60. The business’s 50-day simple moving average is $168.62 and its 200 day simple moving average is $136.02.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $939.29 million. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The business’s quarterly revenue was up 48.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 earnings per share. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 30,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $159.55, for a total value of $4,786,500.00. Following the completion of the transaction, the insider directly owned 702,786 shares of the company’s stock, valued at approximately $112,129,506.30. This trade represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $158.35, for a total transaction of $5,708,200.80. Following the sale, the insider directly owned 307,470 shares in the company, valued at $48,687,874.50. This trade represents a 10.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,591,085 shares of company stock worth $244,676,722 in the last quarter. 9.23% of the stock is owned by company insiders.

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.