|Bid||23.95 x 1300|
|Ask||23.96 x 1400|
|Day's range||22.70 - 24.49|
|52-week range||8.90 - 45.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||25.83|
Investors are flocking to these two companies. Here's why you should consider joining the hype train.
A lockup provision that limited the ability of Palantir Technologies (NYSE: PLTR) insiders to sell shares expired last week, and as expected, some in the company are taking advantage. Company co-founder Stephen Cohen sold 3.8 million shares over several transactions, according to regulatory filings, while general counsel Matt Long sold 469,000 shares and chief legal and business officer Ryan Taylor sold 190,991 shares. As part of the listing, insiders were initially allowed to sell 20% of their shares, with the remainder not eligible for sale until now.
Palantir (NYSE: PLTR) announced Tuesday morning that it will be providing additional services to 3M (NYSE: MMM) as part of a new, multimillion-dollar deal. The industrials giant will be expanding its use of Palantir's Foundry analytics platform as part of an effort to improve supply chain operations. 3M management stated that Foundry services had helped it monitor and adapt to demand changes across its product categories amid the pandemic, and it looks like Palantir will play a significant role in the company's ongoing digital transformation.