Palantir Technologies sees new $539,000 investment from V. M. Manning & CO. Inc

V. M. Manning & CO. Inc. has established a new position in Palantir Technologies Inc. (PLTR). According to recent SEC filings, the fund acquired 4,620 shares during the second quarter, a move valued at approximately $539,000.

Other institutional investors have also shown recent activity regarding Palantir. Basepoint Wealth LLC, Cornerstone Financial Management LLC, Wexford Capital LP, and Prudent Man Investment Management Inc. all acquired new stakes in recent quarters. Additionally, Morton Brown Family Wealth LLC increased its holdings by 250% in the fourth quarter. Currently, institutional investors hold 45.65% of the company's stock.

Market analysts have recently adjusted their outlooks for the company. DA Davidson and Northland Securities both set price targets of $200.00, while UBS Group established a price objective of $215.00. Wedbush also initiated coverage with an ‘outperform’ rating.