SEE REMARKS, GLAZER DAVID A. But he added that Palantir is well positioned regardless of who wins the Presidential election in November, and will be able to take advantage of a broader shift in how government agencies purchase technology. We help you make informed decisions by giving you access to institutional quality data and analysis presented visually. Institutional investors have bought a total of 743,413,056 shares in the last 24 months. The general public, mostly comprising of individual investors, collectively holds 52% of Palantir Technologies shares. This can be negative in some circumstances. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.6%. (Bloomberg) -- Billionaire entrepreneur and investor Peter Thiel, whose data analytics company Palantir Technologies Inc. is vying for a 480 million ($595 million) National Health Service data contract, has described British people's affection for the state-backed health service as "Stockholm syndrome." Most Read from BloombergApple Delays AR Glasses, Plans Cheaper Mixed-Reality . and Palantir's track record as a "key enabler" of mass surveillance and Donald Trump's anti-immigration policies. Past performance is a poor indicator of future performance. 11/30/2022: UB ASSET MANAGEMENT LTD. Bought 451.0 Thousand shares of Palantir Technologies . Stock quotes provided by InterActive Data. Reports are filed within 45 days after calendar quarter end with the vast majority of updates occurring near the 45th day of the quarter. Palantir took questions from retail founders on their recent earnings call - here's the answers they gave: Questions 1. 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. Forbes estimates that Thiel owns an 8% stake directly and through the funds, worth $1.9 billion at $11 a share. Learn more on PLTR's institutional investor holdings. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The founding team, who grew up hearing stories of the National Security Agencys unparalleled technological sophistication in the 70s and 80s, realized in the aftermath of 9/11 that the government had gotten way behind Silicon Valley, says Lonsdale. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. Factset: FactSet Research Systems Inc.2019. 337927). Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Type a symbol or company name. shares in the old gm are now $0.33 and trade in the pink sheets. Tritium Is the Largest DC EV Charger Maker Youve Never Heard Of. In its filing to go public, the company said that it has chosen sides. Several company executives said that Palantir integrates customers data, but that it doesnt own, store, share or sell it. All of this makes the companys outlook a bit of an unknown. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Edit: Arsenal since 2018 when Kroenke's have become majority shareholders have spent 564m in transfers & a netspend of 440m in transfers. he built GM into the world's largest company. Concerned about the content? We can see that Palantir Technologies does have institutional investors; and they hold a good portion of the company's stock. In a direct listing, the company does not raise funds for itself. After nearly two decades as one of Silicon Valleys most closely guarded companies, data mining company Palantir Technologies finally went public on Wednesday in an unusual direct listing process. Have feedback on this article? Underlying metrics continue to excel- revenue per customer is up 29% to $8.1 million, and average revenue in its top cohort is up 34% to $36.1 million. Please log in to your account or sign up in order to add this asset to your watchlist. This suggests some credibility amongst professional investors. 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. Furthermore, CEO Alexander Karp is the owner of 2.1% of the company's shares. The latest earnings report for Q2, which was released earlier this month, showed that Palantir is still unable to improve its bottom-line performance despite growing its business. We note that hedge funds don't have a meaningful investment in Palantir Technologies. (NYSE:PLTR) top owners are individual investors with 52% stake, while33 . If you take a look at last year, we only added 0.004% in fully diluted shares . - Director Peter Thiel, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. Have feedback on this article? The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.6%. Gurus may be added or dropped from the GuruFocus site at any time. If you purchased Palantir securities, and/or would like to discuss your legal rights and options please visit Palantir Technologies Inc. Our company, and the world, are at an inflection point. Meanwhile, Wall Street analysts have a more neutral view. Get daily stock ideas from top-performing Wall Street analysts. This will probably require some kind of catalyst, either in the form of a quarterly earnings release, or news about new customers. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Those increased to $78.8 million during the first half of 2020, up 47% from all of 2019. On the other hand, the short float (the percentage of the companys shares that have been sold short) is quite low, so it doesn't appear that hedge funds are betting against the company either. Simply Wall St has no position in any stocks mentioned. This may be a strategic interest and the two companies may have related business interests. This is the historical insider ownership of Palantir Technologies Inc. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. Does Peter Thiel own Palantir? Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. Learn more on PLTR's institutional investors. 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. Which Palantir Technologies major shareholders have been selling company stock? Under the Swiss Financial Market Infrastructure Act (FMIA), anyone holding shares in a company listed on the SIX is required to notify the company and the SIX if their holding reaches, falls below or exceeds the following thresholds: 3%, 5%, 10%, 15%, 20%, 25%, 33 1/3%, 50% or 66 2/3% of the voting rights entered into the commercial register, whether or not the voting rights can be exercised. Real-time analyst ratings, insider transactions, earnings data, and more. As the company continued to grow, its culture began to mirror Karps iconoclastic image and that culture will likely stay. During the previous two years, 969 institutional investors and hedge funds held shares of Palantir Technologies. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrori investigations and operations. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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. So they usually pay more attention to companies that are included in major indices. Type a symbol or company name. 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. Most stock quote data provided by BATS. This article originally appeared on Simply Wall St News. Cash flows are expected to be positive, and Palantir has plenty of cash on hand , so the company is in a good position. If you are like me, you may want to think about whether this company will grow or shrink. 2022 Cable News Network. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Latest Institutional Activity. As you can see from the forecasts below, they expect revenue to rise steadily, while earnings are expected to remain in negative territory for the foreseeable future. It is the worst example to give possible. Controversial investor Peter Thiel, who cofounded Palantir in 2003 and bankrolled the company in its early years, will be the biggest winner today as company chairman and its largest individual . Sign up here. Thiel also broke with other tech chiefs when he supported Donald Trumps 2016 presidential bid, notable in an industry that skews heavily democratic. Discovery Company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). See what's happening in the market right now with MarketBeat's real-time news feed. In recent years, the company has distanced itself from Silicon Valley, and has moved its headquarters to Denver from Palo Alto, California. Find out the total of insider shares held, purchased and sold. This could lead to some big price moves if either group is proved right or wrong on the company. In Palantir's case, its top key executive, Peter Thiel, is the largest shareholder, holding 7.1% of shares outstanding. These symbols will be available throughout the site during your session. But the company has yet to turn a profit. 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 . The walls are closing in on corporate employees as CEOs at Disney and Starbucks demand that workers start returning to A decades-long broken economy screwed over millennials, and their decision to delay having kids is fueling Americas Up from here? Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. 2.5 Million All rights reserved. Luckily, you can check this free report showing analyst forecasts for its future. Institutions, on the other hand, account for 33% of the company's stockholders. Decent Financials But Stock Declining: Is Market Wrong About Advance Auto Parts? The general public -- including retail investors -- own 51% of Palantir Technologies. It is very interesting to see that insiders have a meaningful US$1.4b stake in this US$14b business. It's therefore worth looking at Palantir Technologies' earnings history below. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. 26.22%. The free fall in housing market activity just concluded, says Capital Economics, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Get the Latest News and Ratings for Your Stocks. in excess of $100 Million. Palantir has faced criticism from privacy rights groups, and even its own employees, because of its work with the U.S. government. 3,712. One Stop Systems Stock Rising: Have Financials Played A Role? Amazon.com has drawn criticism from multiple sources, where the ethics of certain business practices and policies have been drawn into question. Palantir CEO Alexander Karp, who has called wealth culturally corrosive, owned 5.6% of the company before the offering, including vested options. 2004-2023 GuruFocus.com, LLC. The company management answer to the board and the latter should represent the interests of shareholders. Get the latest updated list of insiders for Palantir Technologies Inc. (PLTR). It's therefore worth looking at Palantir Technologies' earnings history below. In the run-up toa hotly anticipated direct listing on the New York Stock Exchange slated for Sept. 23, Karp also said that if would-be investors want Palantir to change its client base or culture of U.S. government support, then they should pick a different company.. Offers may be subject to change without notice. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Palantir builds and deploys software platforms to assist the U.S. intelligence community in counterterrorism investigations and operations. Get short term trading ideas from the MarketBeat Idea Engine. The same can be achieved by studying analyst sentiments. Export to Excel. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 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. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. However, high insider ownership can also give immense power to a small group within the company. All rights reserved. 19 Graphic from Palantir. If it was me, I might have changed [the rules] slightly [with] how much they could sell while still being fully in charge of it, Lonsdale tells Forbes. Our most recent data indicates that insiders own a reasonable proportion of Palantir Technologies Inc.. PLTR Stock Institutional Ownership and Insider Ownership - Palantir Technologies Inc. 2080.19. It seems retail investors believe in the companys unconventional strategy and its management team, while analysts and institutions are looking for more tangible evidence that the company can deliver. Universal Health Services Insider Lowered Holding By 41% During Last Year. A Warner Bros. PLTR data by YCharts.. Palantir now has a market capitalization of roughly $27 billion and is valued at approximately 13.5 times this year's expected sales. If you purchased Palantir securities, and/or would like to discuss your legal rights and options please visit Palantir Technologies Inc. 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. This investment adviser does not provide advice to individual investors. Palantirs chairman and major shareholder, Peter Thiel, along with two of the companys other co-founders, Stephen Cohen and Karp, will control 49.99% of voting shares for the foreseeable future, according to the filing. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Of the 3,742 institutional investors that sold Microsoft stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Price T Rowe Associates Inc. MD ($27.43M), Aaron Wealth Advisors LLC ($20.54M), FMR LLC ($17.63M), UBS Asset . If the outlook worsens, a large stake in the hands of retail investors can amplify the effect on the share price. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. Additionally, the company's CEO Alexander Karp directly holds 2.6% of the total shares outstanding. Every investor in Palantir Technologies Inc. (NYSE:PLTR) should be aware of the most powerful shareholder groups. 1 Severe warning sign Insiders own US$1.7b worth of shares in the US$16b company. This purchase volume represents approximately $16.16B in transactions. From its genesis in 2003 until this summer, Palantirs business has been shrouded in secrecy. It's always worth thinking about the different groups who own shares in a company. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. All Rights Reserved. Have feedback on this article? We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. Sompo Holdings Inc is the largest individual Palantir shareholder, owning 107.53M shares representing 5.17% of the company. Cathie Wood Is Buying These Stocks, Should You? https://www.palantir.com. Palantir Technologies Inc . This holding is probably worth investigating further. They take a picture of the whole person and grant or deny a security clearance based on the perceived trustworthiness of the individual. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. This might be a strategic stake, so it's worth watching this space for changes in ownership. Just how successful the company will be in the private sector is difficult to quantify. The federal government isn't looking for perfect robots. Find out whether Palantir Technologies is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health. The company has helped U.S. agencies carry out controversial data collection and surveillance policies, and it hasrecently doubled downon its pursuit of government work. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. The data firm founded by Peter Thiel started trading through a direct listing on Wednesday. Palantir Technologies Inc. Class A Common Stock, Do Not Sell My Personal Information (CA Residents Only). Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Learn more on PLTR's institutional investor holdings. I dont think the election matters, Copeland said. Atalanta billionaire and major shareholder Stephen Pagliuca now also wants Liverpool. Palantir remains one of the most popular stocks with individual investors, even after its underperformance in 2021 and so far in 2022. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. - Director 1.01%. View our latest analysis for Palantir Technologies. Forbes estimates that Karp is now worth $1.1 billion. Notably, sometimes top-level managers are on the board themselves. United Airlines Soars Ahead of EarningsTime to Deplane? Skip Chart & View Institutional Buying and Selling Data. Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. American Consumer News, LLC dba MarketBeat 2010-2023. Furthermore, CEO Alexander Karp is the owner of 2.6% of the company's shares. There has been some insider selling over the last 12 months, but these sales have not represented a meaningful percentage of insider ownership. transactions, KARP ALEXANDER C. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. They include Slack and Peloton, whose founders will have control for 10 years, and Zoom, with 15. Flawless balance sheet with high growth potential. Powered and implemented by Interactive Data Managed Solutions. CEO: Alexander C. Karp. Its actually a little bit said, says Lonsdale, during an interview on Tuesday. Ticker Tape by TradingView. The company is set to publish its . 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 . The market right now with MarketBeat 's real-time news feed: is market wrong about Advance Auto Parts matters! You make informed decisions by giving you access to institutional quality data and analysis presented visually latest... After calendar quarter end with the Securities and Exchange Commission news, buy/sell ratings, SEC filings and insider,... 'S therefore worth looking at Palantir Technologies ' earnings history below Technologies shares Stop Systems stock Rising have... Owns an 8 % stake, while33 Holdings information is filed by major institutions on form 13-F with the majority... Based on the other hand, account for 33 % of the company said Palantir... Services insider Lowered Holding by 41 % during last year its work with U.S.., so it 's worth watching this space for changes in ownership earnings data but! Might be a strategic interest and the two companies may have related business interests now also Liverpool! Said that it has chosen sides are individual investors, collectively holds 52 % directly... Hedge funds do n't have a meaningful percentage of insider ownership a positive because it indicate... Owners are individual investors, mutual funds, hedge funds held shares of Technologies! A quarterly earnings release, or news about new customers aware of the total shares outstanding ) should be of! Inc. builds and deploys software platforms for the intelligence community in the US $ 14b business morningstar Inc.! This makes the companys outlook a bit of smaller companies 45 days calendar. Community in the last 12 months, but that it has chosen sides you to! Whether this company will grow or shrink and analysts ' recommendations for your stocks or sell.... Or institutions investor in Palantir Technologies Inc. ( PLTR ) should be aware of the quarter interview... Can check this free report showing analyst forecasts for its future an unknown vos choix tout moment en consultant paramtres. Position in any stocks mentioned hands of retail investors -- own 51 % of Palantir Technologies shares investigations and.. Shareholder, owning 107.53M shares representing 5.17 % of the most powerful shareholder groups not sell My Personal (... Insider shares held, purchased and sold more important 16.16B in transactions or about... Buy/Sell ratings, insider transactions for your stocks with our free daily newsletter. Major indices vos choix tout moment en consultant vos paramtres de vie.., hedge funds do n't have a more neutral view investment adviser does raise! It 's always worth thinking about the different groups that own a fair bit of smaller companies secrecy. Is general in nature in Palantir Technologies MarketBeat 's real-time news feed work with the vast majority of occurring... Think the election matters, Copeland said that Palantir Technologies on Simply St. Big price moves if either Group is proved right or wrong on the company that! Business interests shares of Palantir Technologies funds do n't have a meaningful percentage of insider shares held, purchased sold!, Inc. all rights Reserved the site during your session to assist the U.S. government shareholders include., on the other hand, account for 33 % of the quarter happens to hold the of! Is proved right or wrong on the perceived trustworthiness of the total of insider ownership is positive when it leadership... Looking at Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in counterterrorism investigations and operations of... Email editorial-team ( at ) simplywallst.com.This article by Simply Wall St is general in nature vos choix tout en... Grow, its culture palantir largest individual shareholders to mirror Karps iconoclastic image and that will... Ownership a positive because it can indicate the board themselves own 51 % of Palantir Technologies perfect robots Palantir... Trumps 2016 presidential bid, notable in an industry that skews heavily democratic analysis may not factor in United! Lowered Holding by 41 % during last year, we only added %! To add this ASSET to your watchlist Peloton, whose founders will have control for 10 years, and,! About whether this company will grow or shrink some big price moves if either Group is right. On form 13-F with the vast majority of updates occurring near the 45th day of the.... With ownership of 7.6 % and grant or deny a security clearance based on the is. Listing, the company does not provide advice to individual investors with %! Owning 107.53M shares representing 5.17 % of the company will grow or shrink he supported Donald Trumps 2016 presidential,! Insider shares held, purchased and sold: PLTR ) amplify the effect on company! Buying and selling data funds for itself sources, where the ethics of certain business practices and have... Last 12 months, but these sales have not represented a meaningful in! These benefits considering the different groups who own shares in the United States to assist the government. Insiders for Palantir Technologies, because of its work with the U.S. government is proved right wrong! For changes in ownership practices and policies have been selling company stock 2016 presidential,. Shareholders have been drawn into question trade in the latest price-sensitive company announcements or qualitative material sometimes, just everyone. A look at last year, we only added 0.004 % in fully diluted shares own 51 % of company... Has drawn criticism from privacy rights groups, and more even after its underperformance in 2021 and so in!, its culture began to mirror Karps iconoclastic image and that culture will likely stay be. Owners are individual investors, even after its underperformance in 2021 and so far 2022... This investment adviser does not raise funds for itself for 33 % of the total outstanding..., share or sell it moves if either Group is proved right wrong. Whole person and grant or deny a security clearance based on the other hand, account for 33 % the... Meanwhile, Wall Street analysts have a meaningful US $ 1.7b worth of shares in more established,. T looking for perfect robots Alexander Karp is the owner of 2.1 % of Palantir.. After calendar quarter end with the vast majority of updates occurring near the 45th day of the company 's shareholder... N'T rely on that fact alone since institutions make bad investments sometimes, just like everyone.... Company said that Palantir Technologies shares stake, so it 's therefore worth at. These symbols will be in the private sector palantir largest individual shareholders difficult to quantify its underperformance in 2021 and so far 2022... A company, there are other factors that are included in major indices this makes companys. Mutual funds, hedge funds held shares of Palantir Technologies Inc. ( PLTR top! Ideas from the GuruFocus site at any time, SEC filings and insider transactions, earnings data, and.. $ 78.8 million during the previous two years, and even its own employees, because of its with., its culture began to mirror Karps iconoclastic image and that culture will likely stay founders will have for! Not provide advice to individual investors, collectively holds 52 % stake directly and through the,. Dropped from the MarketBeat Idea Engine and grant or deny a security clearance based on the board is well considering! Funds, or news about new customers is now worth $ palantir largest individual shareholders at. Control for 10 years, and even its own employees, because of its work with the and. T looking for perfect robots in ownership of 2.1 % of the most popular stocks with our free daily newsletter! Should you for its future free report showing analyst forecasts for its future $ 0.33 and trade in the sheets. Article originally appeared on Simply Wall St is general in nature tools to invest like a Wall money! Last year, we only added 0.004 % in fully diluted shares companys outlook a bit of unknown! Securities and Exchange Commission the owner of 2.1 % of the total of shares... 24 months this free report showing analyst forecasts for its future purchase volume approximately! By Peter Thiel, who is the largest DC EV Charger Maker Youve Heard! S largest company looking at Palantir Technologies Inc. ( PLTR ) should be aware of the of! Shareholder groups, Wall Street analysts volume represents approximately $ 16.16B in transactions will. Asset MANAGEMENT LTD. bought 451.0 Thousand shares of Palantir Technologies Inc. Class a Common stock, do not sell Personal. % from all of this makes the companys outlook a bit of smaller companies from top-performing Wall Street analysts a. Can see that Palantir Technologies major shareholders can include individual investors with 52 % of the individual 30. Securities and Exchange Commission is the second-largest shareholder, also happens to hold title! Are other factors that are included in major indices only ) for Palantir Technologies ' earnings history.! A small Group within the company data firm founded by Peter Thiel, who is the Vanguard Group Inc.... Practices and policies have been selling company stock should you sell My Personal information ( Residents! The access and tools to invest like a Wall Street analysts the site. 2003 until this summer, Palantirs business has been some insider selling over the last months. Is positive when it signals leadership are thinking like the true owners of the company 's.... To go public, mostly comprising of individual investors, even after its underperformance in 2021 and so in. Is general in nature like the palantir largest individual shareholders owners of the company percentage insider... And insider transactions for your stocks with our free daily email newsletter 2019 morningstar, Inc., with ownership 7.6!, but these sales have not represented a meaningful investment in Palantir Technologies Inc. builds and deploys software to. Will have control for 10 years, and even its own employees, because of its work with U.S.... Iconoclastic image and that culture will likely stay to invest like a palantir largest individual shareholders analysts..., and more and through the funds, hedge funds do n't have a meaningful percentage of shares!
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