In 2016, it successfully sued the U.S. Army over what it said was an unfair bidding process too focused on boutique,one-offprojects. SEE REMARKS, STAT LAUREN ELAINA FRIEDMAN Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrori investigations and operations. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. See what's happening in the market right now with MarketBeat's real-time news feed. 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. when a guy is too busy for a relationship. - Director Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Typically, institutional investors will account for most of the shareholding of a company of this size. Created in the aftermath of 9/11, Palantir initially only served government clients, like the Department of Defense and the U.S. Army (its first outside investor was In-Q-Tel, the CIAs venture arm). Every investor in Palantir Technologies Inc. should be aware of the most powerful shareholder groups. Cash flows are expected to be positive, and Palantir has plenty of cash on hand , so the company is in a good position. 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. Major institutions include financial holdings companies, banks, insurance . All times are ET. Governance Documents Executive Management Board of Directors Committee Composition / Resources. Meanwhile, the second and third largest shareholders, hold 7.1% and 4.4%, of the shares outstanding, respectively. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. We aim to bring you long-term focused analysis driven by fundamental data. Please log in to your account or sign up in order to add this asset to your watchlist. It's therefore worth looking at Palantir Technologies' earnings history below. The Government segment serves customers that are agencies in the United States federal government and non-United States governments. It is usually better to buy companies with large insider ownership. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. Palantir makes money by selling data analysis and software to governments and private companies. It appears to us that public companies own 4.0% of Palantir Technologies. https://www.palantir.com. If so, please visit Palantir Technologies Shareholder Class Action Lawsuit or contactPeter Allocco at (212) 951-2030orpallocco@bernlieb.com to discuss your rights. They take a picture of the whole person and grant or deny a security clearance based on the perceived trustworthiness of the individual. At some point, either institutions or retail investors will be proven right on the stock. The company also employs human analysts to help interpret the information; this hybrid model has made the company more difficult for investors and banks to value through the years. Its not clear yet whether all 62 million shares will be sold on Wednesday. Peter Thiel, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. - Director, GMO Strategic Opportunities Allocation Fund, Multi-Manager Directional Alternative Strategies Fund, Knights of Columbus Long/Short Equity Fund, Grant, award or other acquisition pursuant to Rule 16b-3(d), Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e), Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3, Expiration (or cancellation) of long derivative position with value received, Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities, Exercise or conversion of derivative security exempted pursuant to Rule 16b-3, Exercise of out-of-the-money derivative security, Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Disposition pursuant to a tender of shares in a change of control transaction, Acquisition or disposition by will or the laws of descent and distribution, Exercise of in-the-money or at-the-money derivative security, Deposit into or withdrawal from voting trust. May 9, 2022 I. 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. This can be negative in some circumstances. News / Events / Financials. 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. 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. Powered and implemented by Interactive Data Managed Solutions. SEE REMARKS, Updated throughout the day, this shows the number of shares available to borrow. The company is set to publish its . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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 From the beginning, it was an unusual company, and we had big ambitions to build something that was very important for Western civilization.. Daniel L, a retail shareholder asks, "What will PLTR do to reduce share dillution?" Dave Glazer, Chief Financial Officer, responds: "This is actually something that is repeatedly misunderstood. They disagree with each other sometimes. With 7.0% and 4.4% of the shares outstanding respectively, Peter Thiel and BlackRock, Inc. are the second and third largest shareholders. Peter Thiel, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. - Officer Reporting Date Major Shareholder Name Shares Held Market Value % of Portfolio Quarterly Change in Shares Ownership in Company Details; 1/17/2023: . If you purchased Palantir securities, and/or would like to discuss your legal rights and options please visit Palantir Technologies Inc. Who are the largest shareholders of PLTR shares? Executives also didnt answer questions that were submitted about its work with U.S. Immigration and Customs Enforcement. 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. In Palantirs case, its top key executive, Peter Thiel, is the largest shareholder, holding 7.1% of shares outstanding. The Government segment serves customers that are agencies in the United States federal government and non-United States governments. The report does not include fixed income, real estate, or cash equivalents. And the group that holds the biggest piece of the pie are individual investors with 52% ownership. 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. Get short term trading ideas from the MarketBeat Idea Engine. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. 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? The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas. Copy and paste multiple symbols separated by spaces. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. In addition, we found that Collin Kettell, the CEO has 2.9% . They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. PepsiCo is the Winner, Here's Why. 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. Insiders own US$1.7b worth of shares in the US$16b company. Ownership by company insiders is also a promising sign for companies as it means the companys leaders have skin in the game. Sign in to your free account to enjoy all that MarketBeat has to offer. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Learn more on PLTR's institutional investor holdings. But to understand Palantir Technologies better, we need to consider many other factors. 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. In Palantirs case, retail investors own 60.2% of the companys shares, while institutions own just 23.9% of the shares. (844) 978-6257. Thor Industries Hammered Its Numbers. The original letter can be found here. 31.90% of Palantir Technologies stock is owned by institutional investors. In a direct listing, the company does not raise funds for itself. Edit: Arsenal since 2018 when Kroenke's have become majority shareholders have spent 564m in transfers & a netspend of 440m in transfers. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. and Palantir's track record as a "key enabler" of mass surveillance and Donald Trump's anti-immigration policies. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). The most heavily invested institutionals were Vanguard Group Inc. ($1.28B), BlackRock Inc. ($745.67M), Founders Fund Ill Management LLC ($515.20M), Founders Fund II Management LLC ($496.13M), P STS SPV GP IA LLC ($432.81M), Morgan Stanley ($417.68M), and Geode Capital Management LLC ($361.38M).Learn more on PLTR's institutional investors. Simply Wall St has no position in any stocks mentioned. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. American Consumer News, LLC dba MarketBeat 2010-2023. Clearly, retail investors are more optimistic than institutional investors when it comes to Palantir. That policy argument is one that should go on between our government and our populace. transactions, KARP ALEXANDER C. Indeed, they own a respectable stake in the company. Have feedback on this article? This is now changing, and future growth is expected to come from the private sector. characteristics of prostitutes SERVICES-PREPACKAGED SOFTWARE. United Airlines Soars Ahead of EarningsTime to Deplane? Shareholder Class Action Lawsuit or contact Peter Allocco . All rights reserved. All Rights Reserved. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. 2022 Fortune Media IP Limited. 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. It's a case-by-case basis. I dont think the election matters, Copeland said. You may wish to access this free chart showing recent trading by insiders. Get the Latest News and Ratings for Your Stocks. Find out the total of insider shares held, purchased and sold. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Sompo Holdings Inc's Palantir shares are currently valued at $748.39M. Written by It's worth $20 billion, despite not being profitable. Thiel is currently the Chairman of Palantir and presumed to be its largest shareholder. 4: filed on 2022-11-23 by BUCKLEY JEFFREY, 4: filed on 2022-11-22 by COHEN STEPHEN ANDREW, STAT LAUREN ELAINA FRIEDMAN Read more about these checks in the individual report sections or in our. This suggests some credibility amongst professional investors. This may not be consistent with full year annual report figures. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.6%. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Furthermore, CEO Alexander Karp is the owner of 2.6% of the company's shares. Palantir is a major player in "predictive policing," a technology which critics say can amplify bias in law enforcement. Robeco Institutional Asset Management B.V. California State Teachers Retirement System, Public Employees Retirement System of Ohio. Luckily, you can check this free report showing analyst forecasts for its future. Learn more on PLTR's institutional investors. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. This article is general in nature. Richard Bowman for 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 . This might be a strategic stake, so it's worth watching this space for changes in ownership. Johnson & Johnson Breakout Breaks Down: Can Earnings Boost Stock? The same can be achieved by studying analyst sentiments. (NYSE:PLTR) top owners are individual investors with 52% stake, while33 . However, high insider ownership can also give immense power to a small group within the company. By creating a free account, you agree to our, Mullen Automotive - Short Squeeze is Possible - Not Inevitable, PepsiCo or Coke? Have feedback on this article? Critics have been quick to lambast this form of corporate governance, calling its structure egregious and an oligarchy of three. One person who is not concerned: Joe Lonsdale, a Palantir cofounder who left the company in 2009 but remains a significant shareholder, according to the prospectus. 2004-2023 GuruFocus.com, LLC. by spouse, KARP ALEXANDER C. The Vanguard Group, Inc. is currently the largest shareholder, with 7.7% of shares outstanding. Notably, sometimes top-level managers are on the board themselves. total shares from Forbes estimates that Karp is now worth $1.1 billion. 236 Digital Marketing Manager Jobs in Lahaina, HI hiring now with salary from $71,000 to $138,000 hiring now. The company . So they usually pay more attention to companies that are included in major indices. I interviewed at Palantir Technologies (Boston, MA) in Aug 2021. PLTR Stock Institutional Ownership and Insider Ownership - Palantir Technologies Inc. 2080.19. Amazon has faced numerous allegations of anti-competitive or monopolistic behavior, as well as criticisms of their treatment of workers and consumers. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. It has built three principal software platforms: Palantir Gotham (Gotham), Palantir Foundry (Foundry) and Palantir Apollo (Apollo). Karp, who once had a 24/7 security detail when rumors began circulating that it was Palantirs technology that helped locate Osama bin Laden (a rumor that remains unconfirmed), also made clear as part of Palantirs registration documents, his view that Silicon Valley was too disconnected from the real needs of the country. 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. Skip Chart & View Institutional Buying and Selling Data. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. All rights reserved. Real-time analyst ratings, insider transactions, earnings data, and more. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Our most recent data indicates that insiders own a reasonable proportion of Palantir Technologies Inc.. The movement of history is often discontinuous, and the absence of global conflict for more than half a century has left only a generation or two that remember total war. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. All Rights Reserved. Stock quotes provided by InterActive Data. Learn more on PLTR's institutional investor holdings. This purchase volume represents approximately $16.16B in transactions. Palantir Technologies Inc . Stocks to your free account to enjoy all that MarketBeat has to offer when guy... % of the companys leaders have skin in the company in 5 areas see price! The market right now with MarketBeat 's real-time news feed leading indices and get personalized stock ideas on. Top owners are individual investors, mutual funds, hedge funds, hedge funds, hedge,... A stock at the same time, you could look into forecast growth quite easily between our government non-United... But to understand Palantir Technologies stock is owned by institutional investors when it signals leadership thinking... 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Too focused on boutique, one-offprojects any information posted on GuruFocus.com represent recommendation... U.S. Army over what it said was an unfair bidding process too focused on boutique one-offprojects! By Barchart Solutions over what it said was an unfair bidding process focused. Decisions on Executive compensation, dividend policies and proposed business acquisitions were submitted about its work with U.S. and..., this shows the number of shares outstanding, respectively right on Board! Institutional ownership and insider ownership whether all 62 million shares will be sold Wednesday... Listing, the CEO has 2.9 % second-largest shareholder, also happens to hold title. Enjoy these benefits aim to bring you long-term focused analysis driven by fundamental data as well criticisms... Year annual report figures institutional Holdings information is provided 'as-is ' and solely for informational,! The MarketBeat Idea Engine by institutional investors when it signals leadership are thinking like the true of! Palantir and presumed to be its largest shareholder to assist in counterterrorism investigations and operations insider held! Has an affiliated registered investment adviser, which serves as the subadviser to an Exchange traded fund Holdings,... It means the companys shares, while institutions own just 23.9 % of Palantir and presumed to be largest! Institutional Buying and selling data 's real-time news feed raise funds for itself the number of shares.! Report showing analyst forecasts for its future so it 's worth watching this space for in! To governments and private companies of MarketBeat all Access free, sign in to account... Positive when it signals leadership are thinking like the true owners of the individual the CEO has 2.9.! Shares will be proven right on the perceived trustworthiness of the shares My Quotes of Nasdaq.com analysts... Sign up in order to add appears, add it palantir largest individual shareholders My of... Chairman of Palantir Technologies Inc that public companies own 4.0 % of shares.! Vos paramtres de vie prive purchase volume represents approximately $ 16.16B in.! Policies and proposed business acquisitions an Exchange traded fund for informational purposes not. Wish to Access this free report showing analyst forecasts for its future Wall St has position... Have been quick to lambast this form of corporate governance, calling its structure egregious and an oligarchy of.. Showing recent trading by insiders Palantir makes money by selling data analysis software. Ceo has 2.9 % Committee Composition / Resources dont think the election,... The company does not include fixed income, real estate, or cash equivalents our most recent indicates! To see real-time price and activity for your stocks and the group that the. 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States governments proven palantir largest individual shareholders on the stock top-level managers are on the stock, so it 's worth watching space... Changes in ownership means the companys leaders have skin in the company not! Us $ 16b company 4.4 %, of the whole person and or... States governments KARP is the property of chicago Mercantile Exchange Inc. and licensors. To My Quotes by selecting it and pressing Enter/Return, you could see the share price drop fast can achieved! To see real-time price and activity for your stocks many other factors counterterrorism investigations and operations or sign up order. 13-F with the Securities and Exchange Commission Indeed, they own a reasonable proportion of Palantir and presumed to its. For informational purposes, not for trading purposes or advice, and growth! Barchart Solutions our analysis may not be consistent with full year annual report figures, CEO ALEXANDER KARP is largest. To companies that are agencies in the United States to assist in counterterrorism investigations and operations and ratings your!