Wanted to share my thoughts on Palantir ahead of its earnings next TUESDAY (Edit: sorry I got the day wrong in the title but the date 2/16 is correct). PLTR 23.44 0.37 (1.60%). Analysts Recent Ratings Updates For Alliance Data Systems Ads Markets Daily. You can select 'Manage settings' for more information and to manage your choices. Pltr Lockup Release Date 12 31 Wallstreetbets. Usually, just 20% of a company’s shares are offered for the investing public. The reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. One of the benefits is that existing investors can sell some shares rather than waiting for a typical 180-day lockup to expire. When a company goes public through a traditional IPO, it usually sets a lock-up period of 90 to 180 days during which insiders can't sell their shares. Let's see if Palantir's lockup expiration could end the stock's rally. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). According to Barron’s “the vast majority” of PLTR stock will be affected by a lockup expiration date 180 days after the shares became available to the public on Sept. 30. Plus500. Full Diligence Post on Palantir (PLTR) – Earnings Next Monday (2/16) & Lockup Expiration (2/19) ... & Lockup Expiration (2/19) ... (Edit: sorry I got the day wrong in the title but the date 2/16. "SFM does not approve of Palantir's business practices," the firm said in a statement last year. Discussion in 'Stocks' started by stochastix, Nov 27, 2020. In the IPO prospectus, these companies will frequently include a clause that … Now that the clause has expired, it means a number of big investors in Palantir could be looking to cash out amid the recent rally in the share price. Lockup Expiration and What It Means for PLTR Stock ET on Thursday. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Palantir NYSE Updated Apr 5, 2021 11:59 PM. Palantir's stock sank on Thursday as a lockup expiration allowed 80% of the company's shares to trade on the open market. Made In NYC |
Palantir Update Pltr Q4 Earnings Lock Up. Palantir Technologies last released its quarterly earnings data on February 16th, 2021. … If a significant shareholder is trying to unload all their holdings in the first week, they can send the stock down, and this does not help anyone. "We don't want profits now, we want them to invest aggressively," Wood said. Palantir's stock sank on Thursday as a lockup expiration allowed 80% of the company's shares to trade on the open market. The analyst downgraded Palantir to "sell" in a note to clients, claiming the Big Data company's high valuation, decelerating growth, and lock-up expiration could lead to a sell-off. Full Diligence Post on Palantir (PLTR) - Earnings Next Monday (2/16) & Lockup Expiration (2/19) Hello! A direct listing of Palantir stock was launched on Sept. 30 priced at 7.25 a share. What To Do With PLTR According to BusinessWire, the lock-up period: "...is expected to continue until the start of the third trading day following the date of public disclosure of Palantir's financial results for the year ending December 31, 2020 (the 'lock-up period')." Cathie Wood, CEO of Ark Invest, said she still believes Palantir is headed in the right direction as it spends on innovation. The CEO argued companies "have not been spending enough on innovation" and praised Palantir for its "refreshing attitude.". In an interview with CNBC on Wednesday, Wood said Palantir's CEO Alex Karp was "speaking our language" in the quarterly conference call and that the company's aggressive investments are the right path forward. Find the latest palantir technologies inc. Let's see if palantir's lockup expiration could end the stock's rally. The Bottom Line on PLTR Stock. This debt bubble is a monster. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Commerce Policy |
Palantir's (NYSE: PLTR) ... but the lock-up expiration might be a confusing issue for investors. Palantir Technologies has secured an $89.9 million contract from the National Nuclear Security Administration (NNSA) for five years. If you purchased a nice amount of PLTR stock, it might be the right time to cash in before the lock-up date expires. The Bottom Line on PLTR Stock The risks facing Palantir under a Biden administration would be quite elevated. 2021.02.12 19:23 rareliquid Full Diligence Post on Palantir (PLTR) - Earnings Next Monday (2/16) & Lockup Expiration (2/19) Hello! When the Denver-based firm went public via a direct listing back in September, early investors were forced to hold their shares due to a lockup clause. Goldman Sachs analysts more than doubled their price target to $34 per share for the Big Data firm after Tuesday's earnings, citing a path to "sustainable growth.". At the same time, there will almost certainly be an opportunity for traders and speculators to use options to play in short time periods as we get closer to PLTR's lock-up expiration. Browse All Investing. Citi analyst Tyler Radke warned about such an event back in January. PLTR on a tear.. lockup period expires ? Palantir had seen its share price more than triple since going public before a surprise earnings loss on Tuesday hurt momentum. Palantir didn't respond to a request for comment. Palantir hasn’t announced its Q4 earnings date at the time of this writing but the date is estimated to be February 11. Citi analyst Tyler Radke warned of a potential fall due to the lockup expiration in a note to clients in January. Right now, I think Palantir has too much downside momentum, while the lockup expiration is a huge hurdle for this stock. ", Palantir still has a bevy of supporters, including numerous analysts. And people who have been watching PLTR should be aware that the lock-up exp may be a huge negative catalyst as several ANALysts have been talking shit on the stock for potential unloading of 80% shares, crashing the stock … Vor Biopharma Nyse Vor Coverage Initiated At B Riley Markets Daily. Stock quotes by finanzen.net. Read More,, Related Articles. ... Share. The goal of an IPO lockup period is to stop the flooding of the market with too much of a company’s stock supply. Most investors are sidelined until this occurs as they fear the drop. Palantir's stock sank on Thursday after a lockup expiration freed some 80% of the company's shares to trade on the open market. Publish date: Feb 18, 2021 12:09 PM EST Palantir Technologies ( PLTR ) - Get Report stumbled Thursday as shares that were subject to lockup … According to Barron’s “the vast majority” of PLTR stock will be affected by a lockup expiration date 180 days after the shares became available to the public on Sept. 30. Sacrificing near-term profitability for long-term growth is a net positive. according to Wood. Once it pops, the world will never be the same again. The business earned $322.09 million during the quarter, compared to the consensus estimate of $300.40 million. Some big-time Palantir investors have already said they "will continue to sell shares as permitted.". Lockup Expiration and What It Means for PLTR Stock When a firm goes public, the owners tend to sell roughly 15%-20% of the company. Post-Market 0.04 (0.17%) By clicking "Accept all" you agree that Verizon Media and our partners will store and/or access information on your device through the use of cookies and similar technologies and process your personal data, to display personalised ads and content, for ad and content measurement, audience insights and product development. The IPO lockup period expires Feb. 18, with 80% of shares outstanding becoming free to trade. A large share lockup expiration will be around the time of earnings, creating two large catalysts happening around the same time. "SFM made this investment at a time when the negative social consequences of big data were less understood. Disclaimer |
PLTR Price Action: Shares of … The remaining 80% is available to trade starting February 19th when the lockup expires and this could lead to a flooding of shares being sold and at the very least, volatility caused by the uncertainty Cmps Share Lock Up Expiring Cmpsinvestorsclub. I think Street will be keeping a close eye on Palantir’s growth in 2021. SFM would not make an investment in Palantir today. - See Snowflake, as the looming march lockup expiration date drops it, yet the the first expiration … All rights reserved. If they do, it could drive the stock down significantly. My thoughts: - The stock runs up before lock-up expiry, drops inevitably, but rises further. You can change your choices at any time by visiting Your Privacy Controls. Wanted to share my thoughts on Palantir ahead of its earnings next TUESDAY (Edit: sorry I got the day wrong in the title but the date 2/16 is correct). Hey traders, As Palantir's earnings is coming around the corner (2/16), their lock-up expiration will also come along at third trading session day after the ER, so 2/19. Superb coverage on pltr, but also useful for any name re: I want to add an option that will notify the users when their password is close to expiring. - The key is that the expiration is PRICED IN. Palantir Technologies (NYSE:PLTR) Earnings Information. Click here to find out more about our partners. 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Still, the company's stock was up roughly 185% over the last six months prior to Thursday's fall. I was forced to delete card and add again with only an expiration date change. Palantir stock traded down 7.80% at $24.97 as of 2:48 p.m. Another big Palantir supporter is Cathie Wood, CEO of Ark Invest. If the company can post higher-than-expected revenue growth and generate profits, PLTR stock could regain its momentum. Soros Fund Management, which revealed in November it began investing in Palantir in 2012 and owned 18.46 million shares at one time, has said it will continue to divest from the Big Data firm. Lockup to expire 16th, 2021 11:59 PM if they do, it could drive stock! $ 322.09 million during the quarter, compared to the lockup expiration 80. Bevy of supporters, including numerous analysts six months prior to Thursday 's fall lockup expire! They do, it could drive the stock 's rally websites and apps and generate profits, PLTR stock it... 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