BlackRock's position in Palantir Technologies is currently worth $26.8B. That's 0.41% of their equity portfolio (37th largest holding). The investor owns 7.45% of the outstanding Palantir Technologies stock. The first Palantir Technologies trade was made in Q4 2020. Since then BlackRock bought shares fifteen more times and sold shares on two occasions. The stake costed the investor $7.31B, netting the investor a gain of 267% so far.
It was on the heels of a favorable report.
At $152.17, Palantir (NASDAQ:PLTR | PLTR Price Prediction) looks priced for perfection, even after posting what may be the strongest quarter in enterprise so...
I'm Not Concerned About Palantir's Valuation Anymore
Palantir (NASDAQ:PLTR | PLTR Price Prediction) just dropped a quarter that should have ended the debate.