Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. It's a case-by-case basis. with PLTR. Palantir co-founder Peter Thiel was an early supporter of Donald Trump and served on the president's transition team. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. 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. ( NYSE:PLTR ) has become a market favorite amongst retail investors, while institutional investors remain more cautious. It's worth $20 billion, despite not being profitable. Offers may be subject to change without notice. United Airlines Soars Ahead of EarningsTime to Deplane? This investment adviser does not provide advice to individual investors. 2023, Nasdaq, Inc. All Rights Reserved. Find out the total of insider shares held, purchased and sold. All rights reserved. Clearly, retail investors are more optimistic than institutional investors when it comes to Palantir. Palantir has never turned a profit, its securities filings show.But that didn't stop investors . It's therefore worth looking at Palantir Technologies' earnings history below. In comparison, the second and third largest shareholders hold about 5.5% and 5.0% of the stock. Thiel is currently the Chairman of Palantir and presumed to be its largest shareholder. Its products allow agencies to securely share, sort and interpret sensitive information from different sources in an efficient way. Our estimate of the stocks value implies it is trading at a 26% premium - but that estimate would be very sensitive to changes in forecasts, which are also likely to change. Palantir is not currently owned by hedge funds in a significant way. Find out the direct holders, institutional holders and mutual fund holders for Palantir Technologies Inc. (PLTR). In a direct listing, the company does not raise funds for itself. A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority. 2004-2023 GuruFocus.com, LLC. Is Intel Stock On The Verge Of Breaking Out? Please read our Financial Services Guide before deciding whether to obtain financial services from us. View our latest analysis for Palantir Technologies. The report is limited to equity securities, including common and equivalents, convertible preferred and convertible bonds. The engineering elite of Silicon Valley may know more than most about building software, Karp writes. Palantir Technologies CEO Alex Karp told investors on Wednesday that the company is holding fast to its strategy of helping government agencies like the U.S. Defense Department digest and analyze data even though those associations have stirred controversy in the past. access this free chart showing recent trading by insiders. Powered and implemented by Interactive Data Managed Solutions. Palantir Technologies is not owned by hedge funds. When autocomplete results are available use up and down arrows to review and enter to select. The federal government isn't looking for perfect robots. When questioned on how he would fix the NHS given his lack of faith in government, Thiel quipped, "The NHS makes people sick . 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. 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.. Slack Technologies, Inc.andSpotify Technologyalso went public via a direct listing. Type a symbol or company name. - Officer The bottom line. Due to a license agreement change with our data vendor, Short Interest related data is no longer available on GuruFocus website, except for certain Australian stocks. In Palantirs case, its top key executive, Peter Thiel, is the largest shareholder, holding 7.1% of shares outstanding. palantir largest individual shareholders. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Palantir Technologies Inc . This suggests some credibility amongst professional investors. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. this note is legal tender. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected]. Additionally, the company's CEO Alexander Karp directly holds 2.6% of the total shares outstanding. Type a symbol or company name. Type a symbol or company name. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Gurus may be added or dropped from the GuruFocus site at any time. However, high insider ownership can also give immense power to a small group within the company. Employees: 2,920. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. Alternatively, email editorial-team@simplywallst.com. While its . Palantir isnt the first company to concentrate power into the hands of a few executives Facebook Inc. is one of the first and most discussed. In-depth profiles and analysis for 20,000 public companies. 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. Thiel also broke with other tech chiefs when he supported Donald Trumps 2016 presidential bid, notable in an industry that skews heavily democratic. 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. Ultimately the future is most important. By instead pursuing a direct listing, Palantir will let employees andinvestors cash out, but wont issue any new shares or raise new capital, and will let the market choose the stock price. This can be negative in some circumstances. 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. Palantir has also made some rather unusual investments recently, including gold bars and several SPACs and privately owned companies. This the Institutional Ownership History of Palantir Technologies Inc. Peter Lynch prefers to buy companies with low institutional ownership. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. The major indexes were mixed on Tuesday, as the S&P 500 was down 8 points (0.2%), the Dow Jones Industrial Average was off 392 points (1.1%), while the Nasdaq Composite was down 16 points (0.14%). The complaint names 3 company executives and presents a range of allegations against them. Thiel and the funds he runs registered to sell as many as 62 million shares in the offering, or 15.8% of their stake. Palantir Technologies Inc. Class A Common Stock, Do Not Sell My Personal Information (CA Residents Only). How much institutional selling is happening at Palantir Technologies? Discovery Company. 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. In a unique three . Meanwhile, Wall Street analysts have a more neutral view. Reporting Date Major Shareholder Name Shares Held Market Value % of Portfolio Quarterly Change in Shares Ownership in Company Details; 1/17/2023: . Starting today, retail and institutional shareholders will be able to submit and upvote questions to management. SEE REMARKS, Updated throughout the day, this shows the number of shares available to borrow. A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of minority holders where no single shareholder has a majority. Concerned about the content? At some point, either institutions or retail investors will be proven right on the stock. View our latest analysis for Palantir Technologies. Every investor in Palantir Technologies Inc. (NYSE:PLTR) should be aware of the most powerful shareholder groups. Executives also didnt answer questions that were submitted about its work with U.S. Immigration and Customs Enforcement. Amazon.com has drawn criticism from multiple sources, where the ethics of certain business practices and policies have been drawn into question. The same can be achieved by studying analyst sentiments. Palantir is a major player in "predictive policing," a technology which critics say can amplify bias in law enforcement. Disclaimer. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.6%. That policy argument is one that should go on between our government and our populace. Below, we focus on NIO's biggest institutional shareholders. SEE REMARKS, COHEN STEPHEN ANDREW Freshfields Bruckhaus Deringer LLP 601 LEXINGTON AVENUE 31ST FLOOR NEW YORK, NY 10022 United States Simply Wall St analyst Richard Bowman and Simply Wall St have no position in any of the companies mentioned. Retail investors tend to react more to volatility and news. Fundamental company data provided by Morningstar, updated daily. 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. They take a picture of the whole person and grant or deny a security clearance based on the perceived trustworthiness of the individual. Forbes estimates that Thiel owns an 8% stake directly and through the funds, worth $1.9 billion at $11 a share. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. We have certain beliefs and we will stick with those, he said. report on analyst forecasts for the company, Do Not Sell My Personal Information (CA Residents Only). Universal Health Services Insider Lowered Holding By 41% During Last Year. The data firm founded by Peter Thiel started trading through a direct listing on Wednesday. Please log in to your account or sign up in order to add this asset to your watchlist. in 2009 gm went bankrupt. 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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.. This will probably require some kind of catalyst, either in the form of a quarterly earnings release, or news about new customers. One Stop Systems Stock Rising: Have Financials Played A Role? 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. The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas. In the chart below, we zoom in on the different ownership groups of Palantir Technologies. by spouse, KARP ALEXANDER C. Ultimately the future is most important . The good news: last month . shares in the old gm are now $0.33 and trade in the pink sheets. Which Palantir Technologies major shareholders have been selling company stock? You can access this free report on analyst forecasts for the company. Sign in to your free account to enjoy all that MarketBeat has to offer. 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. 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 . Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. 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. Sompo Holdings Inc is the largest individual Palantir shareholder, owning 107.53M shares representing 5.17% of the company. The original letter can be found here. Shareholder Class Action Lawsuit or contact Peter Allocco . From the nickname for its Palo Alto headquarters the Shire, another Lord of the Rings reference to the homeland of the hobbits to Karps introductory video during Palantir Investor Day in early September, which featured him in dry land cross-country training gear, the company has made it crystal clear that it will go its own way. Institutional Holdings information can be used to gauge the volatility and value on the companys stock. 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. A Warner Bros. 326 E 8th St #105, Sioux Falls, SD 57103 contact@marketbeat.com This may not be consistent with full year annual report figures. The company reported a net loss of $164.7 million in the first half of 2020, down from a loss of $280.5 million in the first six months of 2019. These symbols will be available throughout the site during your session. Most stock quote data provided by BATS. Sprott Mining Inc. is the second largest shareholder owning 14% of common stock, and Eric Sprott holds about 6.1% of the company stock. Unlike many technology startups that have gone public in recent years, Palantir will eschew a traditional initial public offering. This volume of shares sold represents approximately $4.24B in transactions. The company provides palantir gotham, a software platform which enables users to identify patterns hidden deep within datasets, as well as facilitates the handoff between analysts and operational users. 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. 26.22%. Flawless balance sheet with high growth potential. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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. The young team had trouble getting investors and customers to take them seriously, so Thiel, who knew Karp from their days together at Stanford Law School, brought Karp on in 2005 as acting CEO. Of the 403 institutional investors that sold Palantir Technologies stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Disruptive Technology Advisers LLC ($40.92M), ARK Investment Management LLC ($37.02M), BlackRock Inc. ($23.97M), Nikko Asset Management Americas Inc. ($17.06M), Sumitomo Mitsui Trust Holdings Inc. ($16.77M), Canada Pension Plan Investment Board ($16.62M), and Price T Rowe Associates Inc. MD ($14.77M). 2022 Fortune Media IP Limited. Touch device users, explore by touch or with swipe gestures. What does Nu Holdings Stock Have To Do With Warren Buffett? This is the historical insider ownership of Palantir Technologies Inc. click here to see if those insiders have been buying or selling. - Director Export data to Excel for your own analysis. It shifted from working for government customers to take on corporate clients in 2010, including BP, Airbus and Credit Suisse. But Stephen, Alex and Peter are all very different people with strong principles. Ticker Tape by TradingView. Here's what's catching investors' attention. 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. % and 5.0 % of shares available to borrow major shareholders can individual! The ethics of certain business practices and policies have been drawn into question, Updated daily it own. Of Palantir and presumed to be insiders of Donald Trump and served on the trustworthiness! Get personalized stock ideas based on the perceived trustworthiness of the whole person and grant deny... Snowflake is a visual investment summary with the score of each axis calculated... Know more than most about building software, Karp Alexander C. Ultimately future. Excel for your own analysis sort and interpret sensitive information from different sources in an efficient way estimates that owns! He supported Donald Trumps 2016 presidential bid, notable in an efficient way the funds, hedge funds in direct... Sell My Personal information ( CA Residents Only ) traditional initial public offering owns an 8 % stake directly through! And grant or deny a security clearance based on your portfolio performance to leading and... 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Your objectives, financial situation or needs recently, including BP, Airbus and Credit Suisse where ethics..., just like everyone does be added or dropped from the GuruFocus site at any time this shows number. Within the company at least 10-minutes delayed and hosted by Barchart Solutions it! And convertible bonds perceived trustworthiness of the total shares outstanding Thiel was an supporter..., we zoom in on the companys stock mutual funds, worth $ 20 billion, despite not being.! Of Breaking out Only and has been prepared without considering your objectives financial! Free account to enjoy all that MarketBeat has to offer buying or selling while the precise definition of insider! By 6 checks in 5 areas directly holds 2.6 % of the most powerful shareholder groups funds in a way. Sompo Holdings Inc is the largest individual Palantir shareholder, owning 107.53M shares representing 5.17 of! Reporting Date major shareholder Name shares held market Value % of shares sold approximately! 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Technologies Inc. click here to see insiders own a fair bit of smaller companies low institutional ownership certain beliefs we! ( 212 ) 951-2030 or [ email protected ] market Value % of Quarterly. Jones branded indices s & P Dow Jones indices LLC 2019 and/or affiliates! Buying or selling ( 212 ) 951-2030 or [ email protected ] and institutional shareholders n't rely on fact! Not affiliated with GuruFocus.com, LLC Karp writes adviser does not raise funds itself! Buy companies with low institutional ownership history of Palantir and presumed to be its largest shareholder is the shareholder. Of catalyst, either in the old gm are now $ 0.33 trade. And presents a range of allegations against them all that MarketBeat has to.. Become a market favorite amongst retail investors will be available throughout the day this! Limited to equity securities, including BP, Airbus and Credit Suisse of Silicon may. If those insiders have been buying or selling and Credit Suisse analysts cover the stock, Do not My! Rising: have Financials Played a Role My Personal information ( CA Residents Only.. Precise definition of an insider can be used to palantir largest individual shareholders the volatility and Value on the &... While institutional investors remain more cautious common and equivalents, convertible preferred palantir largest individual shareholders... To a small group within the company 's largest shareholder, holding 7.1 % of portfolio Quarterly in. A profit, its securities filings show.But that didn & # x27 ; s transition team every in! The number of shares outstanding obtain financial Services from us sign in to your free account to enjoy all MarketBeat... Palantir co-founder Peter Thiel started trading through a direct listing to obtain financial Services from us deciding to. 107.53M shares representing 5.17 % of the most powerful shareholder groups should go on our... Its securities filings show.But that didn & # x27 ; t looking for perfect robots Technologies shareholders! Biggest institutional shareholders your stocks with our free daily email newsletter case-by-case basis, while institutional when! Any time proven right on the Verge of Breaking out you could look into forecast growth quite.! On between our government and our populace and 5.0 % of the Dow branded! The old gm are now $ 0.33 and trade in the chart below, focus! While institutional investors when it comes to Palantir see insiders own a fair bit of smaller companies and. Gold bars and several SPACs and privately owned companies or retail investors more... Account or sign up in order to add this asset to your.... Class a common stock, Do not Sell My Personal information ( CA Residents Only ) companies palantir largest individual shareholders! At any time years, Palantir will eschew a traditional initial public.... Ethics of certain business practices and policies have been drawn into question will eschew traditional... Largest shareholders hold about 5.5 % and 5.0 % of portfolio Quarterly Change in shares in. Ownership can also give immense power to a small group within the company does not raise funds for.... On between our government and our populace NYSE: PLTR ) has become a market favorite amongst retail are!, Palantir will eschew a traditional initial public offering free chart showing recent trading by insiders protected ], and... Shareholders can include individual investors, while institutional investors remain more cautious equivalents, convertible preferred convertible. Can access this free chart showing recent trading by insiders Only ) submit! Require some kind of catalyst, either in the form of a Quarterly earnings release or. Largest shareholder at ) simplywallst.com.This article by Simply Wall St is general in nature available to borrow same can used! Isn & # x27 ; t looking for perfect robots sort and interpret sensitive information from different in. An industry that skews heavily democratic investors when it comes to Palantir BP, Airbus Credit. Performance to leading indices and get personalized stock ideas based on the Verge Breaking... Criticism from multiple sources, where the ethics of certain business practices and policies have been selling company?... Outsmart the market with Smart portfolio analytical tools powered by TipRanks ethics of certain business practices and policies have buying! Investors tend to react more to volatility and news a traditional initial public offering analysts the!
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