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21 June 2021
21:13 hour

Dymon Asia Capital purchases $100,000,000 worth of Palantir ($PLTR) shares

Reddit Stocks

17/05/2021 - 02:59

http://pdf.secdatabase.com/44/0001172661-21-001130.pdf SECURITIES AND EXCHANGE COMMISSION FORM 13F-HR Initial quarterly Form 13F holdings report filed by institutional managers Filing Date: 2021-05-14 Period of Report: 2021-03-31 SEC Accession No. 0001172661-21-001130 FILER: DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. CIK:1672142 IRS No.: 000000000 State of Incorp.:U0 Fiscal Year End: 1231 Type: 13F-HR Act: 34 File No.: 028-17414 Film No.: 21922569 Mailing Address: ONE TEMASEK AVENUE #11-01 MILLENIA TOWER SINGAPORE U0 039192 Business Address: ONE TEMASEK AVENUE #11-01 MILLENIA TOWER SINGAPORE U0 039192 65-67051666   submitted by   /u/NineteenSixtySix [link]   [comments]


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  1. Cathie Wood Piles Up Palantir For Third Day In A Row, Adding $39M Worth Of Shares (13/05/2021 - Reddit Stocks)
    Article Cathie Wood-led Ark Investment Management on Wednesday snapped up 2.07 million shares, worth about $39 million, in Palantir Technologies Inc PLTR , on a day the stock reversed the earnings-driven gains of the previous session. Shares of software and analytics tool-making company traded sharply lower on Wednesday, closing 6.53% lower at $18.89 and were further down 0.6% in extended hours. PLTR shares had jumped over 9% on Tuesday after reporting an earnings beat. The trades were made through Ark Innovation ETF ARKK 0.03% . Ark holds Palantir via two funds, ARKK and the ARK Next Generation Internet ETF ARKW 0.01% , which together held 25.23 million shares, worth about $510 million, ahead of Wednesday’s trade. Wednesday was third straight where Ark added Palantir to its portfolio.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  2. Is Palantir (PLTR) a great long-term investment? (06/06/2021 - Reddit Stock Market)
    Through my rudimentary research, I don't think there are other companies out there capable of doing what Palantir can accomplish. Am I wrong? I truly believe the saying that data is the new oil and I have been following the lead of Cathie Wood and her ARK Invest team into snapping up shares of PLTR. What do my fellow Redditors think? Is PLTR a great long-term investment? I have read quite a few articles from naysayers who said PLTR is too expensive based on valuation and that their very extensive stock-based compensation will dilute shareholders value. But I disagree with all these articles on the premise that they basically just ignore the growth PLTR has been and will be enjoying and the technology and AI that underlie the business of PLTR. Various US government departments have been signing contracts with PLTR. They can't be wrong, can they?   submitted by   /u/Asleep_Cup_1337 [link]   [comments]
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  3. Since data is the new oil, is Palantir a great long-term investment? (06/06/2021 - Reddit Stocks)
    Through my rudimentary research, I don't think there are other companies out there capable of doing what Palantir can accomplish. Am I wrong? I truly believe the saying that data is the new oil and I have been following the lead of Cathie Wood and her ARK Invest team into snapping up shares of PLTR. What do my fellow Redditors think? Is PLTR a great long-term investment? I have read quite a few articles from naysayers who said PLTR is too expensive based on valuation and that their very extensive stock-based compensation will dilute shareholders value. But I disagree with all these articles on the premise that they basically just ignore the growth PLTR has been and will be enjoying and the technology and AI that underlie the business of PLTR. Various US government departments have been signing contracts with PLTR. They can't be wrong, can they?   submitted by   /u/Asleep_Cup_1337 [link]   [comments]
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  4. Can someone enlighten me? PLTR (19/02/2021 - Reddit Stocks)
    I am new to investing in individual stocks, I’m still playing with very small amounts of money. I had £30 worth in Palantir (one and a bit shares) and had placed an order to buy another full share this morning (GMT) before market opened. I’ve looked at this and wanted to buy the dip, yada yada. Then this afternoon I received the following notifications: 14:30 ‘Order placed on your behalf, SELL 1 Palantir. This was placed to protect you from a negative balance.’ 14:30 Order executed BUY 1 Palantir 14:33 Order Executed SELL 1 Palantir I hadn’t done anything amid these notifications, but just now bought the share back at $27.36 My initial reaction is annoyance that I think I’ve had to buy back at higher value than I was holding at, can someone please explain why there was an automated sell, and how I was at risk of a negative balance? Thanks.   submitted by   /u/toke23 [link]   [comments]
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  5. ARK saw today as a buying opportunity for PLTR (17/02/2021 - Reddit Stocks)
    Cathie and ARK bought about 1.6M shares of PLTR today on the earnings price drop. It is still only a ~1.2% weight in ARKW after the purchase, so it is not a huge holding (#32 in the fund), but this was a ~67% increase in shares held. Yes it is a speculative investment but I see this as another positive sign for the future of Palantir.   submitted by   /u/FF_Junkie [link]   [comments]
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  6. Billionaire investor and Hedge Fund Manager Stanley Druckenmiller loads up on $139,367,000 of Palantir shares, sells Carnival Cruise Line (18/05/2021 - Reddit Stocks)
    https://markets.businessinsider.com/news/stocks/stanley-druckenmiller-13f-palantir-stock-duquesne-carnival-coupang-disney-pltr-2021-5-1030442680 Billionaire investor Stanley Druckenmiller's Duquesne Family Office took up new stakes in Palantir, Citigroup, and Coupang during the first quarter of 2021, regulatory filings show. Druckenmiller scooped up 5,983,992 shares of Palantir worth $139,367,000 at the time of the March 31 filing. It's the opposite move from Third Point's Dan Loeb, who sold all of his Palantir stake in the first quarter of 2021. The big data surveillance company is down nearly 9% year-to-date. Like Loeb, Druckenmiller trimmed his stake in Amazon, selling 7,105 shares. His fund now holds 75,648 shares of Amazon for a value of $234,061,000 at the filing time. Druckenmiller also added a big bet on newly public company Coupang. The Korean e-commerce company was the largest US IPO in the first quarter of 2021, raising $4.6 billion, according to Renaissance Capital. Druckenmiller added 714,285 shares. The investor also appears to be betting on the financial sector. He took a new stake in Citigroup, purchasing 2,124,909 million shares worth $154,587,000 at the time of filing. He also scooped up 258,420 of JPMorgan Chase, and added positions in Visa and Mastercard. Druckenmiller liquidated his positions in cyclical stocks like Disney, cruise liner Carnival Crop, and Live Nation Entertainment. However, he appears to be still betting on the rebound of travel out of the pandemic, as seen by his new $69.7 million stake in online travel company Booking Holdings Inc. In a recent CNBC interview, the investor said that a "monkey could make money in this market," due to the Federal Reserve's easy monetary policies that have pumped ample liquidity into all financial markets.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  7. Palantir Technologies EPS beats by $0.06, beats on revenue, expects Q1 revenue growth of 45% (16/02/2021 - Reddit Stocks)
    Palantir Technologies Q4 GAAP EPS of -$0.08 beats by $0.06. Revenue of $322.09M (+40.4% Y/Y) beats by $21.02M. In Q4 2020, the company signed 21 contracts each worth $5M or more in total contract value, including 12 contracts each worth $10M or more in total contract value. PLTR expects Q1 revenue growth of 45% Y/Y.   submitted by   /u/401TCW [link]   [comments]
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  8. Palantir Technologies Inc. (PLTR) Q1 2021 Earnings Call (23/05/2021 - AlphaStreet)
    Palantir Technologies Inc. (NYSE: PLTR) Q1 2021 earnings call dated May. 11, 2021 Corporate Participants: Unidentified Speaker — Rodney Nelson — Head of Investor Relations Shyam Sankar — Chief Operating Officer and Executive Vice President David Glazer — Chief Financial Officer and Treasurer Kevin Kawasaki — Global Head of Business Development Analysts: Christopher Merwin — Goldman Sachs — Analyst Brent Thill — Jefferies — Analyst Keith Weiss — Morgan Stanley — Analyst Alex Zukin — Wolfe Research — Analyst _________ To read the full earnings call transcript, click hereThe post Palantir Technologies Inc. (PLTR) Q1 2021 Earnings Call first appeared on AlphaStreet.
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  9. Cathie Wood’s ARK Invest Buys Over 1.5 Million Shares of Palantir (06/05/2021 - Reddit Stock Market)
    Cathie Wood’s ARK Invest Buys Over 1.5 Million Shares of Palantir Chris LangeMay 4, 2021 11:53 pm One ARK exchange-traded fund run by ETF star Cathie Wood bought over 1.5 million shares of Palantir Technologies Inc. (NYSE: PLTR) shares on Tuesday, as the prices of this ETF traded down over 3% in Tuesday’s session. The ETF is up well over 100% in the last year. ARK Innovation ETF (NYSEARCA: ARKK) bought 1,514,080 shares of Palantir. At Tuesday’s closing price this would have valued this purchase at roughly $32.8 million. This is only a small fraction of the total holdings. ARKK is up 112% over the past 52 weeks. 24/7 Wall St. recently reported on Palantir: This company came public as a direct listing and struggled out of the gate, but the stock seems to be taking off now. Palantir Technologies Inc. (NASDAQ: PLTR) builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company offers Palantir Gotham, a software platform for government operatives in the defense and intelligence sectors, which enables users to identify patterns hidden deep within datasets, ranging from signals to intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also provides Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data, and it allows individual users to integrate and analyze the data they need in one place. Catherine Wood, the CEO and CIO of ARK Investment Management LLC is a minority and non-voting shareholder of 24/7 Wall St., LLC, owner of 247wallst.com.   submitted by   /u/Tanneen [link]   [comments]
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  10. Palantir Woes: Hey all how bad do you think this is for Palantir. Is it time to get out and rebuy later? (18/02/2021 - Reddit Stocks)
    Palantir's direct listing in September unusually included a lockup period, which expires today. Insiders were only allowed to sell 20% of their shares in the listing, which means the remaining 80% are open for trading today. Palantir shares are down 5.8% pre-market. Palantir has faced valuation concerns with shares closing yesterday at about 274% above its direct listing reference price. Soros Fund Management will continue exiting its position that amounted to 18.46M shares as of November, when the fund said it regretted the investment and "does not approve of Palantir's business practices." The fund said at the time it had sold all the shares it could and would keep selling.   submitted by   /u/Potential-Guide-9562 [link]   [comments]
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  11. Trading my BB shares for PLTR (03/03/2021 - Reddit Stocks)
    I’m knee deep in BB. I bought the dip, then it dipped again and again. Now I find myself bag holding almost 4,400 shares for a 33k loss. While this isn’t money I “need”, it would be nice to have capital free for other trades. I’d love to make a move into another stock. Was looking at PLTR. I still remain pretty bullish about BB overall. I think they have a lot of positive things going for their future. Unfortunately, for some reason, the speculation doesn’t impact BB like it does for other highly speculative stocks (SPCE, PLUG, etc). Want to see what this sub would think about selling my position, taking the loss, and going into PLTR. I think PLTR might be better for short term gains. Or do you think I should just stay patient and see what BB does? Would like to see cases both for or against. Here’s my position. https://imgur.com/a/S9iiBuN Thanks!   submitted by   /u/just_lick_my_ass [link]   [comments]
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  12. Understanding Cathie Wood's vision for Palantir/PLTR (18/03/2021 - Reddit Stock Market)
    Cathie Wood, easily one of the best investors of our time, is very committed to PLTR. Her vision for this stock might not make sense to some people and I can understand why. They aren't making profits and if you consider their financials, their stock shouldn't even be valued at where it is now. Alex Karp, the CEO of Palantir, came on CNBC and blatantly stated that if you are not in this company for the long run, it is not for you. I fully agree. You have to have vision when it comes to stocks like this, you have to understand it's potential. And jeez, Palantir has soo much potential for growth. Palantir is a software company that deals with data. Data will be very important in the future; It will do so many things for companies and it's software is ahead of it's time. 17 years in the making. 17 fucking years in the making, endless amounts of funding by the government to make this technology happen. It really has no competitors that come close to what they are doing. It has happened. They are pushing their technology to the commercial market, they have already signed so many deals and made so many partnerships with BIG companies. It is just the beginning for Palantir. Palantir will lead many frontiers in the coming and near future, AI for one. AI is expected to reach 733.6 billion by 2027. If it leads in markets such as AI, imagine the growth Palantir will have. I believe it is going to be one of the few companies that will reach a 1 trillion valuation. This is just a very basic explanation as to why you should be investing in Palantir. Let me know your thoughts.   submitted by   /u/haywirebrain [link]   [comments]
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  13. So did PLTR miss on EPS or what? (16/02/2021 - Reddit Stocks)
    I thought it was pretty well spelled out in PLTR's own docs that they missed, but article like this https://www.benzinga.com/news/earnings/21/02/19676742/correction-palantir-q4-adj-eps-0-06-beats-0-02-estimate are now issuing corrections saying they actually beat estimates. Also, while you're here, can someone explain the benefit of PLTR causing a self inflicted wound to an otherwise pretty great earnings report? It seems stock compensation is something they could manage to the point where if they didn't want a loss on it, they could control that? Thanks!   submitted by   /u/MedQ7 [link]   [comments]
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  14. Palantir and Faurecia Embark on Long-Term Strategic Partnership! (11/03/2021 - Reddit Stocks)
    Palantir Technologies Inc. (NYSE:PLTR) announced today it has entered into a six-year strategic partnership with Faurecia, one of the world’s leading automotive technology companies, to accelerate its digital transformation and ambition to be CO2 neutral. Palantir Foundry was designed to help organizations integrate disparate data sources and make the best possible use of their data. Faurecia will use Palantir's Foundry software to gain further insight into its data across the company, from manufacturing to purchasing, from engineering to finances. Palantir and Faurecia Embark on Long-Term Strategic Partnership (yahoo.com)   submitted by   /u/gorays21 [link]   [comments]
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  15. ARKK Just bought the dip on PLTR (19/02/2021 - Reddit Stocks)
    For some reason I can't post a screenshot but they've purchased another 5.2M shares. Increasing their % holding of PLTR by another half percent., Disclaimer: I own 30 shares of PLTR and this is not a financial advice. I'm not a financial advisor.   submitted by   /u/cyrael_vx [link]   [comments]
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  16. Palantir: Several funds are 100% Palantir, another at 92%. Is this significant or normal? (27/03/2021 - Reddit Stock Market)
    In considering whether to increase my position (1,578 long at $24.66) I am looking into institutional holdings. Yahoo Finance : ​ https://preview.redd.it/l1b7yhkc8lp61.png?width=1120&format=png&auto=webp&s=bb4648802a34abf8c1a8f28ffdc2d4e29942434f Of these, Disruptive Technology Advisers, P-STS SPV GP 1A, and Blue Ridge Capital are each reporting that PLTR is 100% of their holdings, followed by 72 Investment Holdings at 92%. These all represent larger holdings than the individual ARK Funds, which you hear about all the time. This "appears" to be a very substantial vote of confidence. Is there more to it? Is there something else at play, such as someone else just hiding their ownership interest?   submitted by   /u/thats_not_ok_today [link]   [comments]
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  17. PLTR CEO Alex Karp recent selling breakdown (01/05/2021 - Reddit Stocks)
    First of all, this is not FUD. I'm just trying to break down the given numbers on Karp's recent stock sales. Alex Karp has sold over 54 million shares so far according to http://openinsider.com/insider/Karp-Alexander-C./1823951According to https://fintel.io/i/karp-alexander-c his last file date states he has around 85 million shares. After his recent selloff, Alex Karp still holds around 65.9 million shares. So that means he has sold around 45% of his total PLTR shares up to this date. Now, these numbers may not be exact but 54 million shares at $20 per share roughly make up that $ 1.1 billion dollars. Can someone verify this seems like an excessive amount? According to Karp (source: https://www.cnbc.com/2021/04/29/palantir-ceo-karp-earned-1point1-billion-in-2020-tied-to-equity-awards.html ), this sale is to offset taxes from his share options. After some more calculations, Karp now holds roughly around 4.25%ish stake in PLTR. Given that (66mil shares/86mil shares * 0.055 stakes (source number from https://fintel.io/so/us/pltr ownership) It seems like Karp gave up around 3.45% of his stake in PLTR to offset taxes. However, according to the SEC filing, Karp holds an initial 68.8 million options contracts that are due to expire on December 3rd. He still holds a majority of them although undisclosed at this point. Will be interesting to see what he does with them. https://www.sec.gov/Archives/edgar/data/0001321655/000119312520250103/d904406ds1a.htm#rom904406_15 If there is anything else missing, please free to provide more information and links. Thanks!   submitted by   /u/Seidvi [link]   [comments]
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  18. Today's interesting Pre-market. (11/05/2021 - Reddit Stocks)
    Today's premarket was definitely... interesting to say the least. I opened up my Yahoo finance app and saw literally all of the holdings in my speculative portfolio down anywhere from 4-12 percent. Specifically both $OPEN and $PLTR were down more than 10 percent (PLTR down that much initially after the earnings report). Lo and behold, the market opens and everything immediately is up way higher than in pre-market. Now obviously futures are only indicative to some extent and don't actually reflect at which price-point stocks will open but it still leaves you wondering how PLTR can drop more than 10 percent in pre-market off the earningsreport and currently later in the day is trading up more than 8 percent. I don't buy all of the tin-foil hat theories that people have come up with since the whole GME saga but damn this is still kinda sus. I mean someone with premarket access could've scooped up some palantir shares this morning in pre-market and be up more than 20 percent within a matter of hours. What are your thoughts on this?   submitted by   /u/alttoby [link]   [comments]
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  19. Palantir Technologies Inc. (PLTR) Q1 2021 Earnings Call Transcript (11/05/2021 - AlphaStreet)
    Palantir Technologies Inc. (NYSE: PLTR) Q1 2021 earnings call dated May. 11, 2021 Presentation: Operator Welcome to Palantir’s Earnings Call. We will be discussing the results announced in our press release issued prior to today’s call and posted on our Investor Relations website. During the call, we will make statements regarding our business that may be considered forward-looking within applicable securities laws, including statements regarding our outlook for the current quarter and other future periods, management’s expectations about our future financial and operational performance and other statements regarding our plans, prospects and expectations. These statements are not promises or guarantees and are subject to risks and uncertainties, which could cause them to differ materially from actual results. Information concerning those risks is available in our earnings press release distributed prior to today’s call and in our SEC filings. Palantir undertakes no obligation to update forward-looking statements, except as required by law. Further, during the course of today’s call, we will refer to certain adjusted financial measures. These non-GAAP financial measures should be considered in addition to, not as a substitute for, or in isolation from, GAAP measures. Additional information about these non-GAAP measures, including reconciliation of non-GAAP to comparable GAAP measures, is included in our press release and investor presentation provided prior to today’s call. Palantir’s press release, investor presentation and SEC filings are available on Palantir’s Investor Relations website at investors.palantir.com. With that, I’ll turn it over to Rodney. This content is for members only. Visit the site and log in/register to read.The post Palantir Technologies Inc. (PLTR) Q1 2021 Earnings Call Transcript first appeared on AlphaStreet.
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  20. Palantir announces "Double Click" demo event on April 21st (11/03/2021 - Reddit Stocks)
    Article: https://finance.yahoo.com/news/palantir-announces-double-click-demo-114500595.html Copy and Paste of Article for those of you lazy enough: Palantir Technologies (NYSE:PLTR) today announced that it will hold the first in a series of "Double Click" demo events on Wednesday, April 14, 2021, at 11:00am ET. Palantir software is used by customers across 40 industries worldwide. Double Click is Palantir's series of software demo events that showcase how the company's platforms are used across these industries and customers. The first event will feature in-depth demonstrations of Palantir Foundry for life sciences and industrials. Palantir’s customers in these verticals include Merck, NIH, NHS, 3M, bp, PG&E, LANXESS, Doosan, and others. The software demos at Double Click will showcase how customers can use Archetypes, Palantir’s solution to deploy end-to-end use cases in a matter of clicks, on top of Foundry, including: Life Sciences: harmonized patient view, clinical and observational data curation, prognostic model management, accelerated discovery via scientific research collaboration Industrials: end-to-end quality assurance, production optimization, high-scale IoT analytics, supply chain optimization Advance registration is required, and is available at https://palantir.events/doubleclick. Capacity is limited, and registration will close 24 hours prior to the event. For any questions regarding the event, please email [email protected] Didn't see anyone post about it yesterday, so I thought I'd create a thread and see what people have to say. I think these kinds of demo events will only boost PLTR, especially in the long-term.   submitted by   /u/RowanHarley [link]   [comments]
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  21. Palantir [PLTR] Q4 2020 Full Webcast (18/02/2021 - Reddit Stock Market)
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  22. Cathie Wood just bought Palantir stock – should I buy too? (22/02/2021 - The Motley Fool UK)
    ARK Invest portfolio manager Cathie Wood is one of the biggest names in investing right now. As a result of her success with Tesla stock and Bitcoin, many investors are watching her moves closely. Recently, Wood bought data analytics company Palantir Technologies (NYSE: PLTR) for her ARK portfolios. This is a stock I covered in November. With Wood buying in, I feel it’s time to take another look at the investment case. Wood buys Palantir stock for ARK Invest Since I last covered Palantir stock, there have been several interesting developments. Firstly, the company has signed a number of major deals with blue-chip companies and governments organisations. In December, for example, Palantir announced it was awarded a $44.4m, three-year contract with the US Food and Drug Administration. In the same month it also signed a new two-year contract worth up to $31.5m with the UK’s National Health Service. More recently, Palantir announced that it has extended its partnership to support BP in its work towards becoming a net zero company by 2050, or sooner. It also recently  partnered with IBM to help businesses deploy AI applications. These kinds of major contracts suggest Palantir has a strong offer. Secondly, Palantir has posted its fourth-quarter and full-year results. These showed it’s continuing to grow at a rapid rate. For Q4 2020, PLTR generated revenue of $322m, up 40% year-on-year. Meanwhile, for the full year, revenue was $1.1bn, up 47% year-on-year. Looking ahead, the company said it expects Q1 2021 revenue growth of 45% and by more than 30% for the full-year. This all sounds quite positive, in my view. PLTR: risks However, I do have some concerns about Palantir stock. The first is the valuation. At its current share price of $29, Palantir has a market-cap of about $50bn. Looking at analysts’ sales and earnings forecasts, PLTR currently trades on forward-looking price-to-sales and price-to-earnings ratios of 34 and 181 respectively, using FY2021 forecasts, and 26 and 138 respectively, using FY2022 figures. These are expensive. The price-to-sales ratio for FY2021 is about twice that of Tesla. I’m also concerned about analyst sentiment. Of the eight brokers covering the stock, two rate it as a ‘sell’ and two rate it as a ‘strong sell.’ It’s not often you see that kind of bearish sentiment. Some analysts are concerned about the losses the company is generating. The recent results showed a net loss of $1.2bn for 2020, up from a net loss of $580,000 in 2019. Insider selling is also worth mentioning here. Data shows that on 18 February, co-founder and chairman Peter Thiel sold over $500m worth of stock. That’s slightly concerning, in my view. Finally, PLTR stock is also currently one of the most discussed stocks on Reddit’s WallStreetBets. We’ve seen recently that WSB stocks can be highly volatile. Should I buy Palantir stock? Weighing everything up, I’m going to keep this Cathie Wood stock on my watchlist for now. I certainly think Palantir looks interesting. It clearly has a great offer and top-line growth is impressive. However, I am concerned by the valuation, analyst sentiment, and insider selling. All things considered, I think there are other growth stocks that are a better fit for my portfolio right now. Like this one… “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner. But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! More reading 2 US stocks with surging share prices. Should I buy GameStop or Palantir Tech?  Edward Sheldon has no position in any shares mentioned. The Motley Fool UK owns shares of and has recommended Tesla. The Motley Fool UK owns shares of Palantir Technologies Inc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post Cathie Wood just bought Palantir stock – should I buy too? appeared first on The Motley Fool UK.
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  23. PLTR stock investors please do not over optimistic about 1 single stock (20/02/2021 - Reddit Stocks)
    This is the story I want to share yesterday my friend sent me a screenshot of robinhood that showing he has 41,008 share of pltr, which translate to almost $1,189,432 now. He currently only has pltr stock in his portfolio. I told him he should diversify but he said now everyone is buying pltr, so he said he should hold. He thinks the lock up period is over and pltr will be going to $40 next month. I am not sure if all people are over optimistic about pltr right now due to cathie purchase of pltr stock. But please remember invest only in 1 single stock is dangerous and diversification is always better to mitigate risk.   submitted by   /u/coolcomfort123 [link]   [comments]
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  24. How come this is this legal?? Palantir CEO Saw Compensation Rise Nearly 9,000% In 2020 (30/04/2021 - Reddit Stocks)
    ?? Palantir CEO Saw Compensation Rise Nearly 9,000% In 2020 by Shivdeep Dhaliwal1 min read 16 hours ago $PLTR Palantir Technologies Inc (NASDAQ: PLTR) CEO Alexander Karp was paid $1.10 billion last year for his service to the data analytics company. What Happened: The compensation included $797.9 million in stock options and $296.4 million in stock awards — a hike of 8,990.9%. In 2019, Karp was paid $12.1 million. Karp’s annual salary for the fiscal year ended Dec. 31, 2020, was $1.1 million and included $177,273 paid in bi-monthly installments and $124,364 paid in quarterly installments as an annual stipend. $800,00 was paid in quarterly installments as a “travel stipend,” according to a filing made with the U.S. Securities and Exchange Commission The company’s co-founder Steven Cohen received $192 million in 2020 and was paid $16.1 million in 2019. IF YOU'RE INTERESTED IN THE WHOLE ARTICLE, HERE'S THE SOURCE: https://m.benzinga.com/article/20881752   submitted by   /u/Mooney-Aviator [link]   [comments]
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  25. PLTR option play.... makes any sense? (20/02/2021 - Reddit Stocks)
    I have thought of a strange option play with PLTR, and i was wondering if you guys think this is stupid or smart. Here is how it works. Step 1: Buy 100 shares of PLTR for 2900$ Step 2: Sell covered call that expires on january 20 2023 for 1490$. Strike price 30$. Step 3: Use the 1490$ to.... BUY MOAR PLTR. You now have 50 more shares, for a total of 150 shares for an investment of 2900$. Bullish case: The stock doubles at some point before 2023.... well you receive your investment back (3000$) + 50 shares of the now doubled PLTR, for a nice 100% profits. Boring case: The stock stay at 29$ for 2 years and the option expires. Well... you made 50% profits in 2 years, good job! Again? Bearish case: The stock drops downs to 20$ in 2 years. Oh well, you broke even... choose a better stock for this strategy next time! (hard to believe with the push from ark but who knows).   submitted by   /u/Floofyboy [link]   [comments]
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  26. $PLTR Alex Karp Interview: FULL BREAKDOWN 3/16 (17/03/2021 - Reddit Stocks)
    Karp's interview is being overblown. The headlines are clickbait. He talks America needing software(pure software/AI) that is the best to AVOID conflict in order to stay ahead of America's adversaries. Basically he's claiming Palantir Technologies to be S class disruptive Tech that can lead future innovations for America. Karp would rather put his focus on having the company put its "best foot forward" for the sake of protecting America and its private and public interests. He was asked in the middle of the interview "How would he entice new commercial customers?" He then starts talking about the how Foundry and Gotham are unique technically speaking ( claims his tech is 5 years ahead of everyone else low key), and the way they do business is unique. For example he explains that Palantir in the commercial space, Foundry is a Finished product as opposed to other ERP systems that require you to do an entire IT installation that can take months. Foundry can be installed as a whole stack in a few days! That difference is how Karp and Palantir thinks Software companies will sell their products. He mentions that typically ERP systems entice customers with Jargon that promises to deliver instead of providing a product that stands out from the rest. He truly believes Palantir is in a class of its own. He actually believes despite having Elite tech that he provides for the biggest companies in the word, he thinks that Palantir can provide a ton of value to smaller to medium companies by offering superior ERP Software transforming their business to save them millions of dollars. They talk little bit about PLTRs partnerships including 3M, BP, IBM, and AWS. They talk about how IBM and AWS were thought to be rival companies to Palantir but instead decided to join forces because those companies understand how difficult it is to build what Palantir built with Foundry and Gotham. HE LIKES THE RETAIL INVESTORS, he HATES the "INVESTORS" who buy and sell the stock who don't have any clue about the company or its Tech. He can't on camera "PUMP" the stock, so he just talks about how he's more focused on building the Company for the long-term. TLDR So about an hour talking about how superior the tech( Foundry/Gotham) is compared to any other software company's tech and how Karps ideological view of supporting America and its western values by providing Superiority and Complexity in order to stay ahead of its adversaries. Foundry is 5 years ahead of any other ERP software in the market. IBM and AWS bow down to PLTR. Intrigued yet? I plan to hold this 10 years plus. 235 [email protected] 24.68, 6x PLTR 4/1 30c   submitted by   /u/Chrononubz [link]   [comments]
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  27. Palantir vs Alteryx (23/02/2021 - Reddit Stocks)
    Recently debating whether to keep my Palantir stock. So decided to some comparison with a similar company Alteryx, both companies do data analytics. Palantir just posted over 1 billion 2020 revenue the best Alteryx has ever done is under 500 mil in 2020. Alteryx has had a $105 support for about 1 1/2 years but it looks like it's going to break lower than that. I don't think Alteryx can survive rising rates. Palantir's support is at $25 much shorter fall. I believe ARK and other firms aren't gonna let Palantir fall below $25. The insiders already sold what they wanted to sell. If Palantir can survive rising rates the growth looks grate. Please comment.   submitted by   /u/errrr2222 [link]   [comments]
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  28. Selling put option, want to make sure I understand the risks (11/03/2021 - Reddit Stocks)
    Tried posting this in r/Options but removed as a new trader question. Isn't the point to learn trading option from knowledgeable people I don't get it? Anyhow, maybe someone here can reassure me. I've gotten a bit more comfortable with basic options trading over the past 6 months. I still consider selling a put option a basic task but very important to add to the repertoire for setting up more complex strategies. I want to start getting more comfortable with this type of trade as well. I want to keep the first one small just to make sure I don't screw it up or lose a bunch of money. I'll outline the trade below and just want to make sure there's no huge potential for loss here. I want to own Palantir (PLTR) at $23.5, it is currently trading at $26. My assumption is that I can sell the put option (sell to open) contract for a strike price of $23.5 for whatever date I choose (looking short term just to start off - say April 1). If the price of PLTR drops to $23.5 at any point during that period and gets executed, I am assigned the shares at the strike price of $23.5 (minus the premium I receive so actually less than $23.5 overall). If it never hits the strike price of $23.5, the contract expires I get no shares but I collect the premium. Am I missing something on this that might cost me a bunch of money? I know that I need to ensure I have the capitol in my portfolio to cover the cost of the contract if it gets executed, that's not an issue. But my concern is my Brokerage states my maximum loss potential is $2,239 which scares me. I'm assuming that the $2,239 loss is actually just the cost for purchasing the shares minus the premium received, but that to me is not a loss I still own an underlying equity worth $2350 (i.e. no loss).   submitted by   /u/calipfarris01 [link]   [comments]
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  29. Are we still high on PLTR? (14/05/2021 - Reddit Stocks)
    I made a post a while asking the question why do people like Palantir? The consensus was that it’s an innovative company with huge growth potential and its product is like no other. I’ll leave the post below. I too have bought into Palantir because i to believe it has huge growth potential. Problem is the market does not agree with me. The stock is almost done 47% since February of this year and down 15% this month. Today it had a rebound but for people has the consensus changed for you. Cathie wood has had a field day loading up in shares. Their March quarter revenue was up 341 million but analysts are still questioning its growth potential. I will forever be a a holder because I still believe. But what are your guys thoughts.? Any doubts? Any concerns? Is it just a short term growth stock? https://www.reddit.com/r/StockMarket/comments/kpozn9/why_are_people_so_high_on_palantir/?utm_source=share&utm_medium=ios_app&utm_name=iossmf   submitted by   /u/Cooper-N [link]   [comments]
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  30. Too late on Palantir? (08/02/2021 - Reddit Stocks)
    Hello everyone! I am new to trading but I am trying to de-memify my shares which is why I’ve noticed Palantir which has risen 10% today so I’m wondering are we expecting it to continue Rising or am I too late to the party? I did my own DD and it looks promising.   submitted by   /u/kasem9200 [link]   [comments]
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  31. PLTR Analysis: Expectations (02/03/2021 - Reddit Stock Market)
    Buy the dip? Palantir is in a very crucial position right now sitting on strong support. With volume and publicity increasing over past few months, PLTR can be seen as a huge buying point as of now. With a dip coming from the choppy/bearish market and pullback from recent breakout, we are sitting pretty. We are looking for a bounce off of support to continue this strong uptrend. If we fall below support, it could be GGs. Option flow is saying we are bullish, but break on support will say otherwise. Either way we will find out in the next few days. https://preview.redd.it/9h9v5bq42ik61.png?width=1706&format=png&auto=webp&s=5f09b721b3035177ad78dde51a311bb2f058f349   submitted by   /u/MoistBands [link]   [comments]
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  32. DD: Sea Limited (SE) | The Amazon of Southeast Asia (10/02/2021 - Reddit Stocks)
    I posted a DD about SE in August. In the DD, I did math to justify why I believed it should be worth $125 billion. Right now, its market cap is worth $140 billion, which means my DD was completely correct. I’m here to update the post. In for shares now, because my calls expired worthless, yet SE absolutely rocketed a month later. Shares are an absolutely brain dead play, at this company is well worth it’s price tag I was going to rewrite all the reasons I was bullish on it, but relooking at the DD, it has everything I think it would need. I would strongly reading the previous DD and buying shares. To give updated numbers, their E-commerce platform has increased 173% YoY, their digital payments increased 846% YoY, and their digital entertainment is expected to increase 110% YoY. I have no doubts that this will be a ½ a trillion dollar company by 2023 Just buy shares and forget it. -- PS – I wrote the SE DD on a different account, but can confirm if necessary that it is indeed me.   submitted by   /u/StarksTwins [link]   [comments]
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  33. Morningstar upgrades Palantir to Buy with price-target of $25 (12/05/2021 - Reddit Stocks)
    https://www.morningstar.com/articles/1039009/palantir-proves-solutions-are-resonating-growth-ahead Palantir Proves Solutions Are Resonating, Growth Ahead We are raising our fair value estimate for the narrow-moat company. We are raising our fair value estimate for narrow-moat Palantir Technologies (PLTR) to $25 from $24 after its first-quarter results left us more bullish about its long-term prospects. While we do not expect GAAP profitability for years, we believe Palantir is prudently investing in ramping up its business to land a wider breadth of organizations from various industries, sizes, and geographic locations. Palantir constitutes a minuscule amount of overall U.S. defense spending and has an embryonic commercial customer base; however, once Palantir’s solutions are installed, we believe organizations can become reliant on its products. With shares trading around $19 in intraday trading, we believe investors have upside to capture in this disruptor. Palantir’s revenue growth of 49% year over year topped our already aggressive expectations, thanks to resounding results in the government vertical and strong broad-based expansion within the U.S. Government revenue was the bright spot, growing 76% year over year. U.S. government business grew by 83%, led by defense and pandemic-related use cases. We do not believe Palantir’s non-defense government segment will fizzle out after businesses reopen, as we think the company is proving its software capabilities during a time of crisis, which can open the door and lead to proliferation across other government entities working to harness their data. Commercial sales rose 19% and were impacted by certain geography lockdowns, although U.S.-based commercial growth increased 72% year over year. With Palantir’s push to modularize its offerings and expand its sales reach, commercial opportunities within the U.S. and U.K. increased by 2.5 times and commercial pilots more than doubled since February. Alongside the strong top-line results and expectations of continued strength ahead, Palantir also posted 34% adjusted operating margin (up 200 basis points sequentially) and 44% adjusted free cash flow margin.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  34. Palantir Technologies UK named as a Crown Commercial Service supplier (22/04/2021 - Reddit Stock Market)
    https://www.businesswire.com/news/home/20210421006140/en/Palantir-Technologies-UK-named-as-a-Crown-Commercial-Service-supplier April 22, 2021 02:00 AM Eastern Daylight Time LONDON--(BUSINESS WIRE)--Palantir Technologies (NYSE:PLTR) has been named as a supplier on the Crown Commercial Service (CCS) Back Office Software (BOS) RM6194 Framework. The BOS Framework is a new CCS framework to provide a route to market for organisations wishing to purchase software subscriptions and licence support for back office systems direct from software vendors. It is available to all central government departments and all other public sector bodies, including local authorities, health, police, fire and rescue, education and devolved administrations. All of Palantir’s software as a service (SaaS) products, including Palantir Foundry’s Enterprise Resource Planning (ERP) Suite, are available via the BOS Framework to optimise back office functions. Palantir’s products power data-driven operational decision making within and across organisations, allowing both technical and non-technical users to leverage complex data environments to make informed decisions. Palantir has helped power the NHS’s response to the COVID-19 pandemic, in addition to delivering significant value and enhancements across other UK government departments including the Cabinet Office and Ministry of Defence. This award indicates Palantir’s increased investment and presence in the UK and the multiple uses its software has for its government customers. The BOS Framework adds to the list of CCS and UK government frameworks which can already be used to purchase Palantir’s SaaS products.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  35. Palantir Technologies UK named as a Crown Commercial Service supplier (22/04/2021 - Reddit Stocks)
    https://www.businesswire.com/news/home/20210421006140/en/Palantir-Technologies-UK-named-as-a-Crown-Commercial-Service-supplier April 22, 2021 02:00 AM Eastern Daylight Time LONDON--(BUSINESS WIRE)--Palantir Technologies (NYSE:PLTR) has been named as a supplier on the Crown Commercial Service (CCS) Back Office Software (BOS) RM6194 Framework. The BOS Framework is a new CCS framework to provide a route to market for organisations wishing to purchase software subscriptions and licence support for back office systems direct from software vendors. It is available to all central government departments and all other public sector bodies, including local authorities, health, police, fire and rescue, education and devolved administrations. All of Palantir’s software as a service (SaaS) products, including Palantir Foundry’s Enterprise Resource Planning (ERP) Suite, are available via the BOS Framework to optimise back office functions. Palantir’s products power data-driven operational decision making within and across organisations, allowing both technical and non-technical users to leverage complex data environments to make informed decisions. Palantir has helped power the NHS’s response to the COVID-19 pandemic, in addition to delivering significant value and enhancements across other UK government departments including the Cabinet Office and Ministry of Defence. This award indicates Palantir’s increased investment and presence in the UK and the multiple uses its software has for its government customers. The BOS Framework adds to the list of CCS and UK government frameworks which can already be used to purchase Palantir’s SaaS products.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  36. $APPS (Digital Turbine), $PLTR (Palantir), and $BIGC (BigCommerce) Friday Intra-Day Update with Entry Zones Shown. Please be mindful of overall markets (i.e. $SPX, $SPY, $NDX, $QQQ, $DJI, $DIA) being short-term overbought; hence, no matter what you do, kee (16/04/2021 - Reddit Stock Market)
      submitted by   /u/PerennialSynergy [link]   [comments]
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  37. $PLTR - A word of caution. (24/02/2021 - Reddit Stocks)
    Now let me start off by saying that I am very bullish on Palantir when talking about the company, their software, and their operations. However, when it comes to the stock, I don’t really see a lot of short-term growth (talking 1-2 years). My strong conviction was ever increased as I watched their Demo-Day livestream a while back. I believe that Karp’s vision of them being the world’s most important software company may very well become true someday. My conviction in Palantir and their future is perhaps stronger than on any other growing company. However, when it comes to their stock price and valuation, I am standing back. I initially bought in at around $15 dollars, saw the first run up to $30 and then averaged up after the drop to around $22. I held and sold my entire position at the peak of $44 (I got lucky timing, for once). This was before the lock-up period ended. I knew this price point wouldn’t hold with the lock-up approaching so I sold my position after more than doubling my money. Now that the lock-up has expired, the amount of added shares to the public has resulted in a large shift in relation of the share price - to - market cap. I would’ve found yesterdays $24 as a buying opportunity BEFORE the lock-up, but not anymore. Palantir now has a $50B market cap on ~ $1B annual revenue, that is insane, no matter the future growth prospects. They will not reach even close to $2B in revenue in 2021 and people are shouting $50 or $100 share price targets for EOY. This is utterly detached from reality. A $50 price tag would mean a ~ $100B market cap on +$1B in revenue, and $100 would be a $200B market cap. No matter the current nature of the market, valuations still do matter (no matter how alarmingly little at the moment). I would personally love to re-enter Palantir, but I am not going to at the current prices. I’d re-enter at around or sub $30B market cap. The share price would have to obviously drop quite significantly, but the lock-up period has drastically changed the relation of the share-price to Palantir’s valuation when compared to the time before the lock-up. I personally do not see anything above $20 as a steal, but rather overvalued in current and short-term (1-2 years) perspectives. I understand people looking long-term (that’s great), but I’d rather enter something else for now than sail relatively flat for the next year or two on current valuations. I’ll probably get downvoted to the core of the earth because Palantir has that same unhinged and almost religious following that Tesla has for example, but this is just my level-headed two cents to my fellow retail investors. DISCLAIMER: This is not financial advice. I like the company, I like the stock, I do not have any open positions on $PLTR as of this moment.   submitted by   /u/Bl1zza [link]   [comments]
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  38. PLTR still a good buy until Wed 2/24? (20/02/2021 - Reddit Stocks)
    Assuming you swing trade, would love feedback on my analysis: https://www.tradingview.com/x/TBqp7v6K/ Looks like PLTR will be solid through Tues for a swing (if you are going to HOLD, then a few dollars difference isn't going to be as impactful, so probably ignore all of this). So looks like I am still in buy territory while PLTR swings up. It will be 50% up in this swing around Wed 2/24, at which point it will continue up but your elbow room gets tight. Strong bounce on Thur/Fri off of resistance line with high volume. Hits around $39 around 3/1? Disclosure: I own 400 shares @ 28.94. As always, never listen to what I say. I'll bankrupt you and you'll lose everything.   submitted by   /u/swingorswole [link]   [comments]
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  39. Palantir's Stock Makes A Bullish Break. What's Next? (23/04/2021 - Reddit Stocks)
    https://www.benzinga.com/node/20754519 Palantir Technologies Inc (NYSE:PLTR) has plummeted over 50% from its all-time high of $45 made back on Jan. 27. Even when Palantir announced on April 5 it had secured a five-year, $89.9-million contract with the National Nuclear Security Administration, the stock failed to recover. The bottom may be in, however, because on Thursday Palantir’s stock made a bullish break upwards. Some options traders agree and bet over $529,655 Palantir’s stock is headed higher. The Palantir Chart: Palantir’s stock gapped down on Feb. 16 and began trading in a bullish falling wedge pattern. On Thursday, the stock broke out of the pattern and recaptured the eight-day exponential moving average (EMA) and on Thursday afternoon retested the top sloping line of the falling wedge. Palantir has also created a triple bottom pattern near support at the $21 mark, which is bullish. Although Palantir’s stock is trading above the eight-day EMA, it's still trading below the 21-day EMA with the eight-day EMA trending below the 21-day EMA, which is bearish. The stock has a gap left behind at the $30 point, however, and because gaps are filled 90% of the time, it's most likely Palantir will fill the overhead gap eventually. Bulls want Palantir’s stock to hold above the sloping line of the falling wedge and for an increase in bullish volume to push the stock up to its next resistance level at $25.21. If it can regain that level as support, it has room to fill the gap which coincides with the stock's next resistance level near $30. Bulls want Palantir’s stock to fall back into the falling wedge and continue to trade down until it loses support at $21.04. Under the $21 area, there is no support until $17.54 Why It’s Important: When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately. These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  40. : Palantir net loss doubles, stock falls after earnings (11/05/2021 - Market Watch)
    Palantir Technologies Inc. topped revenue expectations Tuesday morning while offering a better-than-expected top-line forecast for the current quarter, but shares fell in premarket trading after the company delivered a widening net loss.
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  41. : Palantir net loss doubles, stock falls after earnings (11/05/2021 - Market Watch)
    Palantir Technologies Inc. topped revenue expectations Tuesday morning while offering a better-than-expected top-line forecast for the current quarter, but shares fell in premarket trading after the company delivered a widening net loss.
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  42. Would charts be helpful at all in this case? (20/03/2021 - Reddit Stock Market)
    Do I really need to study charts? I just got into stocks last November. I did a basic Udemy course on technical analysis, it did not help. My timing was not helpful either. People were buying PLTR without knowing what Palantir really does. Some were into the stocks for the most random reasons; the CEO eccentric-looking or his degree in philosophy, linking his personality to Elon Musk. One Youtuber did a technical analysis and predicted PLTR would go as high as $22 and goes back to $16! And then came to the other meme stock storm, the rest is history. I've decided to invest my time in accounting courses and books and do my DD on companies' financials and potential future, stick to the position for at least 6 months. Would charts be helpful at all with this plan?   submitted by   /u/stemcellguy [link]   [comments]
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  43. ARK just bought ton of Palantir, Coinbase and Draftkings (21/04/2021 - Reddit Stocks)
    Cathy wood are her ARK firm are not holding back as they bought over a million shares of Palantir, half a million shares of Draftkings and ton of Coinbase. Ark also bought Robolox and JD. What are you thoughts on these trades? I think if they succeed here they will remember as one of the greatest firms ever. Either way these are interesting trades. https://www.google.com/amp/s/amp.benzinga.com/amp/content/20718639   submitted by   /u/gorays21 [link]   [comments]
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  44. Pltr machine. (16/02/2021 - Reddit Stocks)
    Palantir Technologies Inc. (NYSE: PLTR): Summary $1.1 billion in revenue for full year 2020, up 47% year-over-year $322 million in revenue for Q4 2020, up 40% year-over-year New contracts in Q4 2020 include Rio Tinto, PG&E, bp, U.S. Army, U.S. Air Force, FDA, and NHS Expects Q1 2021 revenue growth of 45% Outlook For full year 2021, we continue to expect: Year-over-year revenue growth of greater than 30%. For Q1 2021, we expect: Year-over-year revenue growth of 45%. Adjusted operating margin of 23%. Strong growth.   submitted by   /u/acej23fun [link]   [comments]
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  45. Palantir Faces Big Test as 80% of Shares Unlock for Trading (18/02/2021 - Reddit Stocks)
    Article Palantir Technologies Inc. has amassed a long list of shareholders in the nearly two decades since it was founded. On Thursday, almost all of them will have the option to sell as much of their stock as they’d like for the first time. Four-fifths of shares will become eligible to trade when the market opens, the result of an unusual restriction placed on stockholders when Palantir went public. Such lockups are common after initial public offerings but less so for companies that list their shares directly on an exchange, as Palantir did on the New York Stock Exchange in September. Two longtime investors said in interviews that they will hold, but at least one other, billionaire George Soros, has publicly signaled his plans to exit. The expiration of a lockup is a volatile time for any company but could be especially so for Palantir, which was privately held for an exceptionally long time and which courts a great deal of controversy. Its co-founder and chairman is Peter Thiel, the venture capitalist who backed Donald Trump’s successful bid for the U.S. presidency and became a pariah in Silicon Valley. Palantir, which relocated from the Valley to Denver, works with the military, immigration enforcement and intelligence agencies, all of which draw public scrutiny and howls for surveillance overreach. Soros Fund Management, which revealed in November it began investing in Palantir in 2012 and owned 18.46 million shares, has said it will sell for ethical reasons. The firm said at the time that it had sold all it was able to and “will continue to sell shares as permitted.” “SFM does not approve of Palantir’s business practices,” the firm said in a statement last year. “SFM made this investment at a time when the negative social consequences of big data were less understood. SFM would not make an investment in Palantir today.” Palantir still has plenty of believers. Its tools are used by corporate titans like BP Plc and Merck KGaA as well as governments around the world, nearly a dozen of which are using Palantir to battle Covid-19 and power vaccine distribution. Adit Ventures, which said it holds about $270 million worth of Palantir, told Bloomberg it will sell few, if any, shares on Thursday. Ditto for PHX Financial, which said it holds more than $10 million. Ark Invest has also indicated its support. Palantir’s stock has more than tripled since going public. But the lockup loomed over the company’s quarterly financial report on Tuesday. Despite exceeding analysts’ expectations on revenue and other measures, concerns about growth prospects and the lockup expiration sent the stock falling. Speaking in a prerecorded video shown to investors Tuesday, Chief Executive Officer Alex Karp walks through snowy woods and discusses the perils of technology companies managing for quarterly expectations and “near-term myopism.” Cathie Wood, CEO of Ark Invest, backs that philosophy. “Palantir’s attitude is refreshing,” she said in an interview on CNBC. “It’s exactly how we invest. We want our companies to invest aggressively. We don’t want profits now.”   submitted by   /u/NineteenSixtySix [link]   [comments]
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  46. Nasdaq | Palantir Technologies Q1 Earnings Confirm Growth Potential Of Big Data Play (19/05/2021 - Reddit Stocks)
    https://www.nasdaq.com/articles/palantir-technologies-q1-earnings-confirm-growth-potential-of-big-data-play-2021-05-17 MAY 17, 2021 6:00AM EDT Investors in software and data analytics group Palantir Technologies (NYSE:PLTR) stock have not had a good 2021 so far. Since the start of the year, PLTR stock is down about 15%. Its current market capitalization stands at $38 billion. The company, founded in 2013, builds and deploys software platforms to businesses and governments worldwide, as well as U.S. federal agencies so that they can collect and analyze data to make better decisions. It has three main products: Gotham, Foundry, and Apollo. It operates a narrow-moat, as Morningstar analyst Mark Cash pointed out in his latest piece. Following the direct public offering (DPO) in September 2020, PLTR shares more than quadrupled and hit $45 by late January. But then profit-taking kicked in. On May 11, following the release of first-quarter results, the stock went below $17. Now, it is hovering around $20. What’s next for PLTR stock? If you are a long-term investor looking to add a high-growth name to your portfolio, you could consider buying the dips. Here’s why. According to research from SAS, “Big data analytics helps organizations harness their data and use it to identify new opportunities. That, in turn, leads to smarter business moves, more efficient operations, higher profits and happier customers.” Investors expect software and data platforms like Palantir to capitalize on the growth of big data analytics. Its initial customers were mostly governments, starting with various U.S. federal agencies. However, 2020 also saw commercial contracts with metals miner Rio Tinto (NYSE:RIO), and utility PG&E (NYSE:PCG). It also partnered with Amazon’s (NASDAQ:AMZN) AWS unit. The group’s Q1 results were robust. Total revenue jumped to $341 million, up 49% year-over-year (YoY). Its U.S. commercial revenue grew 72% YoY, and the U.S. government revenue grew 83% YoY. The net loss was $123.5 million. Adjusted diluted EPS was 4 cents. A year ago, it had been a loss per share of 1 cent. Adjusted free cash flow was $151 million, increasing $441 million YoY. CFO Dave Glazer told participants on the earnings call that, “With over $2.3 billion in cash on the balance sheet and strong free cash flow in Q1, we paid down our outstanding debt in early April… For our Q2 revenue guidance, we expect year-over-year revenue growth of 43% or $360 million.” For the 12 months that ended March 31, 2021, the company saw a 29% YoY growth in revenue per customer. The Street was pleased to hear that management believes it can grow 30% per year, in the coming next several years. Glazer also commented on the possibility of Palantir’s adding cryptocurrencies to its balance sheet. In fact, the group already accepts Bitcoin (CCC:BTC-USD) from its customers. For a company co-founded by Peter Thiel, the decision to become involved in financial technology (fintech) was to be expected. He was one of the names who set up PayPal (NASDAQ:PYPL) and an early investor in Facebook (NASDAQ:FB). Ona final note, we should note that despite the recent decline in price, PLTR stock is not cheap by traditional valuation measures. It trades for about 130x forward price-to-earnings (P/E) and 16x current price-to-sales (P/S). Therefore, the shares are likely to continue to be volatile in the short-term. The Bottom Line on PLTR Stock Big data is becoming increasingly more important for governments and commercial enterprises. Palantir’s recent results showed management has substantial long-term visibility. Although I’d not want to bottom-pick tech shares amid the continuing volatility, I find PLTR stock to be appropriate for long-term growth portfolios. Finally, for investors who are interested in PLTR stock but are not ready to commit full capital into the shares, an exchange-traded fund (ETF) that holds Palantir shares could also be appropriate. Examples include: the ARK Next Generation Internet ETF (NYSEARCA:ARKW), the First Trust US Equity Opportunities ETF (NYSEARCA:FPX) and the FlexShares Morningstar US Market Factors Tilt Index Fund (BATS:TILT). On the date of publication, Tezcan Gecgil is long PLTR stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Tezcan Gecgil, Ph.D., has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. The post Palantir Technologies Q1 Earnings Confirm Growth Potential Of Big Data Play appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  47. If you like to play long-term, PLTR under 26 is a good steal (18/03/2021 - Reddit Stocks)
    I'm not really sure what PLTRs short term prospectives are, they are integrated with AWS, which I think will be very beneficial for their longevity, alongside their projects offered to counter-terrorism analysts, hedge funds, banks, financial firms. I'm sure there's plenty of bearish cases for PLTR, but looking historically, the price tends to float between 24 and 26 when it's doing nothing, and could probably hit 30 on a good day, but if you want to stock up on shares, and there's no news, you should try to buy your shares between this range. If you get in under 24, you're doing very well, but even between this range, you'll be profitable in the future. Of course, this advice is only good if PLTR doesn't come out with a brilliant earnings report, a new project that will solve world hunger, or find a cure for cancer, but in general, this is the best entry range to ensure you don't miss out on any upward momentum, while saving yourself from any major losses.   submitted by   /u/RowanHarley [link]   [comments]
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  48. Palantir selected for a government's SAFER project worth $89.9M (05/04/2021 - Seeking Alpha)

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  49. U.S. Coast Guard Renews Partnership with Palantir to Fight COVID-19 (06/05/2021 - Reddit Stocks)
    https://www.businesswire.com/news/home/20210506005437/en/U.S.-Coast-Guard-Renews-Partnership-with-Palantir-to-Fight-COVID-19 May 06, 2021 06:59 AM Eastern Daylight Time DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) today announced the U.S. Coast Guard has extended its commitment to use Palantir’s software to help it respond to the COVID-19 pandemic. “Palantir is proud to help enhance Coast Guard readiness, and keep their staff and families safe. We look forward to continuing to provide the Coast Guard with the very best technology to help them ensure our Nation's maritime safety and security” The Coast Guard has been using Palantir’s software since April 2020 as the data management, analytics, and operations tool for its response to the pandemic. This contract renewal has a base value of $6.25 million and a potential total amount of $11.25 million for nine months. Palantir’s software enables centralized collaboration of workspaces across the country, offering real-time visibility into critical data for Coast Guard members anywhere, across ranks, to make informed and risk-based decisions. The Coast Guard will continue to use Palantir to create a common operating picture and help determine resource allocation, including vaccines, to best respond to the pandemic and enhance readiness. The Coast Guard announced on April 21 that it had fully vaccinated over 50% of its members since its vaccination campaign began only four months ago. “Palantir is proud to help enhance Coast Guard readiness, and keep their staff and families safe. We look forward to continuing to provide the Coast Guard with the very best technology to help them ensure our Nation's maritime safety and security,” said Doug Philippone, Palantir’s Global Defense Lead. Palantir has played a key role in mitigating the global COVID-19 pandemic, supporting more than 100 organizations in their response to the pandemic, including across the U.S. government and military. At the Coast Guard, Palantir's software has enabled operational management of the pandemic response, including collaborative logistics planning, vaccine distribution and inventory tracking, and centralized field reporting.   submitted by   /u/NineteenSixtySix [link]   [comments]
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