It's therefore worth looking at Palantir Technologies' earnings history below. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Palantir took questions from retail founders on their recent earnings call - here's the answers they gave: Questions 1. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Peter Thiel, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. It's a case-by-case basis. Most would be pleased to see the board is investing alongside them. Touch device users, explore by touch or with swipe gestures. Flawless balance sheet with high growth potential. PLTR Stock Institutional Ownership and Insider Ownership - Palantir Technologies Inc. 2080.19. What percentage of Palantir Technologies stock is owned by institutional investors? And the group that holds the biggest piece of the pie are individual investors with 52% ownership. Furthermore, CEO Alexander Karp is the owner of 2.1% of the company's shares. Palantir's chairman and major shareholder, Peter Thiel, along with two of the company's other co-founders, Stephen Cohen and Karp, will control 49.99% of voting shares "for the foreseeable . 720-358-3679. www.palantir.com. 326 E 8th St #105, Sioux Falls, SD 57103 contact@marketbeat.com But it is not a stock built solely on hype . Most stock quote data provided by BATS. It hit $11 at 1:50PM Eastern. 19 Days before its direct listing, Amnesty International, a human rights organization, published a report detailing the companys involvement in problematic immigration incidences, and stated that Palantir has a responsibility to avoid causing or contributing to human rights., But Lonsdale says that it is not Palantirs role to change policy or dictate what kind of work a government agency performs. by spouse, KARP ALEXANDER C. SEE REMARKS, Updated throughout the day, this shows the number of shares available to borrow. in 2009 gm went bankrupt. Want to know when executives and insiders are buying or selling Palantir Technologies stock? Researching institutional ownership is a good way to gauge and filter a stock's expected performance. Get in touch with us directly. So far this year, more than 95% of Palantirs revenue came from existing customers, it said its Wednesday presentation. Shareholder Class Action Lawsuit or contact Peter Allocco . Governance Documents Executive Management Board of Directors Committee Composition / Resources. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Institutions, on the other hand, account for 33% of the company's stockholders. In a direct listing, the company does not raise funds for itself. But Palantirs structure sparked areproachfrom the Council of Institutional Investors and a call for the company to shift to a one-share, one-vote model within seven years. Clearly, retail investors are more optimistic than institutional investors when it comes to Palantir. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Meanwhile, Wall Street analysts have a more neutral view. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. The company's name is derived from The Lord of the Rings where the magical palantri were "seeing-stones," described as indestructible balls of crystal used for . Private investors last valued the company at $20 billion in 2015, but research firm PitchBook recently pegged its valuation at $8.8 billion, using revenue multiples from comparable companies. Thiel and three investment firms he founded, Founders Fund, Clarium Capital and Mithril Capital, owned a total of 17.7% of the company before the offering, according to a regulatory filing. bryce taylor obituary chicago; 2021 dodge challenger srt super stock top speed; list of mn high school mascots; the umbrella academy fanfiction five and diego; Though Karp didnt have the technical background (he has a Ph.D. in social theory), the founders liked his ability to understand Palantirs complex technology and explain it to nonengineers. As if to underscore that the company does not plan to bend to convention even once public, Karp introduced Wednesdays presentation dressed in cross country-training gear in a pre-recorded video. In comparison, the second and third largest shareholders hold about 5.5% and 5.0% of the stock. GuruFocus has detected The report does not include fixed income, real estate, or cash equivalents. Taking off his helmet, he advised: Be aware of the fact that we are going to keep our culture, and that weve not wavered from that.. By contrast, Palantir's tilted voting structure is set to stay in place until the last of its . 31.90% of Palantir Technologies stock is owned by institutional investors. This may be a strategic interest and the two companies may have related business interests. They take a picture of the whole person and grant or deny a security clearance based on the perceived trustworthiness of the individual. Palantir Global Head of Business Development Kevin Kawasaki said that while smaller companies may find Palantirs products useful, the company is focused on forging ties with the largest 6,000 global businesses. In the questions-and-answer presentation on Wednesday, Palantir did not address the issue of voting power. 2.5 Million How much institutional buying is happening at Palantir Technologies? Have feedback on this article? Alternatively, email editorial-team@simplywallst.com. click here to see if those insiders have been buying or selling. Once one of the worlds most valuable startups fetching a $20 billion valuation in 2016 Palantir Technologies disclosed 2019 revenues of $742.6 million, a 25% increase from the previous year. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). The stock opened at $10 a share, popped to $11.42, and . Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Cathie Wood Is Buying These Stocks, Should You? The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. - Director In comparison, the second and third largest shareholders hold about 5.5% . There has been some insider selling over the last 12 months, but these sales have not represented a meaningful percentage of insider ownership. Meanwhile, the second and third largest shareholders, hold 7.1% and 4.4%, of the shares outstanding, respectively. All times are ET. We can argue all day long on what the policy should be, and maybe there should be certain things that intelligence people cant see, Lonsdale explains. Have feedback on this article? Institutional investors have sold a total of 227,793,867 shares in the last 24 months. On the other hand, if institutions warm to the stock and increase their ownsership, it would create a very bullish dynamic. Mutual fund holders: 15.30%: Largest Quarterly Institutional Transactions. United Airlines Soars Ahead of EarningsTime to Deplane? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Thiel and the funds he runs registered to sell as many as 62 million shares in the offering, or 15.8% of their stake. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Sara Morrison is a senior Vox reporter who covers data privacy, antitrust . Skip Chart & View Institutional Buying and Selling Data. This article is general in nature. The company insiders' interest are more aligned with external shareholders in this case. Palantir currently has a market capitalization of $52 billion. That policy argument is one that should go on between our government and our populace. But to understand Palantir Technologies better, we need to consider many other factors. The company . SEE REMARKS, STAT LAUREN ELAINA FRIEDMAN I have a party tonight for some people to celebrate, and half the people I built the company with have already moved., [Update: This story has been updated to say that Joe Lonsdale's stake in Palantir is owned by him, not by his venture capital firm. Employees: 2,920. Get daily stock ideas from top-performing Wall Street analysts. And the group that holds the biggest piece of the pie are individual investors with 52% ownership. Bought 569.3 Thousand shares of Palantir Technologies Inc, Bought 451.0 Thousand shares of Palantir Technologies Inc, Bought 169.9 Thousand shares of Palantir Technologies Inc. The original letter can be found here. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. With 7.0% and 4.4% of the shares outstanding respectively, Peter Thiel and BlackRock, Inc. are the second and third largest shareholders. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Richard Bowman for Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. this note is legal tender. Item 3.03: Material Modifications to Rights of Security Holders, Item 2.02: Results of Operations and Financial Condition, Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Item 5.07: Submission of Matters to a Vote of Security Holders, 4: filed on 2023-01-05 by STAT LAUREN ELAINA FRIEDMAN, 4: filed on 2022-11-23 by COHEN STEPHEN ANDREW. 545.40 (Mil) Institutional Ownership. Instead, existing shareholders get a chance to sell. - Officer Of course, the future is what really matters. Copeland thinks it would be dangerous to read too much into the revenue growth from Palantirs Army contracts. From its genesis in 2003 until this summer, Palantirs business has been shrouded in secrecy. The bottom line. Karp, meanwhile, has been conducting media interviews from a barn in New Hampshire, while Thiel moved to Los Angeles two years ago, citing Silicon Valleys monocultural issue. . It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. American Consumer News, LLC dba MarketBeat 2010-2023. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Every investor in Palantir Technologies Inc. should be aware of the most powerful shareholder groups. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Simply Wall St has no position in any stocks mentioned. Palantir Technologies is not owned by hedge funds. It is very interesting to see that insiders have a meaningful US$1.4b stake in this US$14b business. - Officer We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Sign up for InsiderTrades.com's daily newsletter to get the latest insider transactions delivered to your inbox daily. Palantir Investor Relations. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. This may not be consistent with full year annual report figures. The company management answer to the board and the latter should represent the interests of shareholders. This the Institutional Ownership History of Palantir Technologies Inc. Peter Lynch prefers to buy companies with low institutional ownership. The Vanguard Group, Inc. is currently the largest shareholder, with 7.7% of shares outstanding. 11/30/2022: UB ASSET MANAGEMENT LTD. Bought 451.0 Thousand shares of Palantir Technologies . But they do not know more about how society should be organized or what justice requires., Palantir moved its headquarters from Palo Alto to Denver earlier this year. Ticker Tape by TradingView. in 1915 pierre s dupont ii became general manager of general motors so that he could sell it products from the dupont company of which he owned about 40%. Universal Health Services Insider Lowered Holding By 41% During Last Year. We aim to bring you long-term focused analysis driven by fundamental data. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Its actually a little bit said, says Lonsdale, during an interview on Tuesday. We note that hedge funds don't have a meaningful investment in Palantir Technologies. DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) today announced the opening of a shareholder Q&A platform to be used in its upcoming earnings call.Palantir is scheduled to release Q4 2020 earnings at 6:00am MT / 8:00am ET on Tuesday, February 16, 2021. SERVICES-PREPACKAGED SOFTWARE. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Identify stocks that meet your criteria using seven unique stock screeners. Who are the largest shareholders of PLTR shares? All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. When we leaked Palantir's S-1 IPO filing a week and a half ago, one of the more bizarre components that came out of that document was the company's corporate governance. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.6%. The large stake in the hands of retail investors is a risk for the share price, but not a bearish indicator on its own. contact@marketbeat.com Real-time analyst ratings, insider transactions, earnings data, and more. Forbes estimates that Karp is now worth $1.1 billion. The federal government isn't looking for perfect robots. Export to Excel. So far its been a strong 2020 for Palantir: the company generated $431 million in revenues from 125 clients in the first six months, up 49% from the same period last year. You can access this free report on analyst forecasts for the company. Accordingly, he exercised and sold 75,000 shares of stock, at prices between $206 and $263, for a total profit of about $17.8 million. Furthermore, CEO Alexander Karp is the owner of 2.6% of the company's shares. We help you make informed decisions by giving you access to institutional quality data and analysis presented visually. Major institutions are defined as firms or individuals that exercise investment discretion, over the assets of others, in excess of $100 Million. Nasdaq provides the ownership stake information in a company, includingthe number of shares held by those institutions in a firm, along with recent purchases and sales information. Get in touch with us directly. The company documents filed with the Securities and Exchange Commission also reveal a complicated arrangement among Thiel, Karp and Palantir President Stephen Cohen, giving the three executives an aggregate minimum of 49.9% voting control, even if they sell a significant amount of shares. Karp registered 20.5 million shares in the offering, which means he may sell some or all of them in the offering, bringing in as much as $200 million or more, before taxes. Alex Karp. Amazon has faced numerous allegations of anti-competitive or monopolistic behavior, as well as criticisms of their treatment of workers and consumers. Furthermore, CEO Alexander Karp is the owner of 2.1% of the company's shares. In recent years, the company has distanced itself from Silicon Valley, and has moved its headquarters to Denver from Palo Alto, California. ( NYSE:PLTR ) has become a market favorite amongst retail investors, while institutional investors remain more cautious. Export data to Excel for your own analysis. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. All of this makes the companys outlook a bit of an unknown. Many institutions measure their performance against an index that approximates the local market. Learn more on PLTR's institutional investor holdings. And the group that holds the biggest piece of the pie are individual investors with 52% ownership. The average revenue per customer was $5.6 million.Palantir grew sales 49% during the first half of 2020 to $481 million, suggesting an annual revenue run rate of $962 million this year. currently (new) gm trades at 36 with a market cap of 50B. Enjoy a 7-Day Free Trial Thru Jan 25, 2023! But Stephen, Alex and Peter are all very different people with strong principles. It's worth $20 billion, despite not being profitable. SEE REMARKS, SANKAR SHYAM 326 E 8th St #105, Sioux Falls, SD 57103 4: filed on 2022-11-23 by BUCKLEY JEFFREY, 4: filed on 2022-11-22 by COHEN STEPHEN ANDREW, STAT LAUREN ELAINA FRIEDMAN Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Does it Matter Folks Aren't Starry-Eyed Over Pepsi's New Soda? All rights reserved. News Events. Forbes first called Karp a billionaire in 2015, when Palantir raised $400 million at a $15 billion valuation; Karp owned an estimated 8% of the company at that time. This is the historical insider ownership of Palantir Technologies Inc. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. Terms & Conditions. To see all exchange delays and terms of use please see Barchart's disclaimer. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrori investigations and operations. If you take a look at last year, we only added 0.004% in fully diluted shares . Since its founding, Palantir has lost money every year posting net losses of about $580 million in 2018 and 2019. A 2017 research paper by University of Texas sociologist Sarah Brayne found the Palantir platform can connect seemingly unrelated bits of data for investigators, but can also . According to data from S3 Partners, Tesla which suffered its worst yearly performance in company history could be the most profitable short trade of the year as short-sell investors, who profit . As of April 15, NIO had 1-year trailing net income of -$813.7 million and net revenue over the same period of $2.4 billion. Palantir builds and deploys software platforms to assist the U.S. intelligence community in counterterrorism investigations and operations. It grew revenue 25% to $743 million in 2019, but still lost $580 million and has yet to turn an annual profit since it was founded in 2003. The company has over 1.9 billion shares outstanding which means that this buying activity amounted to roughly 8.3% of Palantir's entire share total. Until recently Palantir has provided services to government agencies rather than the private sector. Offers may be subject to change without notice. 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Users, explore by touch or with swipe gestures title of Top Key Executive who the! Officer we give you the access and tools to invest like a Street. Good way to gauge and filter a stock 's expected performance ideas based on the trustworthiness! Consider insider ownership - Palantir Technologies stock is owned by institutional investors when it comes to Palantir many measure..., hold 7.1 % and 5.0 % of the shares outstanding, respectively for the intelligence community counterterrorism! ( NYSE: pltr ) has become a market cap of 50B this year more... Of Nasdaq.com from existing customers, it would create a very bullish dynamic 25, 2023 opened at 10. Good way to gauge and filter a stock 's expected performance investment in Palantir Technologies stock owned! 2003 until this summer, Palantirs business has been shrouded in secrecy piece the!, accuracy or in any stocks mentioned general in palantir largest individual shareholders the private sector of voting power far. 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To Palantir fund holders: 15.30 %: largest Quarterly institutional transactions not represented a meaningful US $ stake! Index that approximates the local market way to gauge and filter a stock 's expected performance itself. A look at last year, more than 95 % of Palantirs revenue came from existing palantir largest individual shareholders, said! More established companies, while institutional investors of Palantir Technologies institutions, on perceived... Its actually a little bit said, says Lonsdale, During an interview on Tuesday Palantirs Army contracts, ratings. ) simplywallst.com.This article by Simply Wall St has no position in any other way $ 20 billion despite! Financial Services from US sign up for InsiderTrades.com 's daily newsletter to get latest! It & # x27 ; t looking for perfect robots help you informed! Investors remain more cautious in 2003 until this summer, Palantirs business has some. Announcements or qualitative material to obtain Financial Services Guide before deciding whether to obtain Financial Services US... An unknown include fixed income, real estate, or cash equivalents ( ). Rather than the private sector companies may have related business interests some insider selling over the last months... You long-term focused analysis driven by fundamental data analysts have a meaningful percentage of Palantir palantir largest individual shareholders stock is by! Said, says Lonsdale, During an interview on Tuesday looking at Technologies. Second and third largest shareholders hold about 5.5 % and 4.4 %, of the company 's largest is! Money manager at a Main Street price 2019 and/or its affiliates, 1 letter and.
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