3,034 Palantir Technologies Inc. $PLTR Shares Sold by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services reduced its Palantir stake by 2.8%, selling 3,034 shares and retaining 106,139 shares valued at approximately $21.3 million. Institutional investors collectively own 45.65% of PLTR.
• Analyst sentiment remains broadly positive: 24 analysts rate the stock a Buy and the consensus rating is “Moderate Buy,” with an average price target of $203.28. However, insiders sold 560,390 shares worth nearly $97.9 million during the latest quarter.
• Palantir reported 92.8% year-over-year revenue growth and beat quarterly EPS expectations, but its elevated valuation— including a P/E ratio above 164—leaves the stock vulnerable to selling pressure or weaker-than-expected growth and margins.

Diversify Advisory Services LLC reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,139 shares of the company's stock after selling 3,034 shares during the period. Diversify Advisory Services LLC's holdings in Palantir Technologies were worth $21,281,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company's stock valued at $22,146,030,000 after buying an additional 757,322 shares during the period. State Street Corp increased its position in Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company's stock valued at $12,190,903,000 after buying an additional 2,863,874 shares in the last quarter. Bank of America Corp DE increased its position in Palantir Technologies by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 19,020,265 shares of the company's stock valued at $2,219,094,000 after buying an additional 180,486 shares in the last quarter. Amundi raised its stake in Palantir Technologies by 7.4% during the 2nd quarter. Amundi now owns 17,623,053 shares of the company's stock worth $2,056,082,000 after buying an additional 1,212,653 shares during the period. Finally, Jennison Associates LLC acquired a new position in Palantir Technologies during the 1st quarter worth approximately $1,574,111,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 2,055 shares of the firm's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the transaction, the insider directly owned 58,171 shares in the company, valued at approximately $10,170,035.93. This trade represents a 3.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the transaction, the insider directly owned 642,786 shares in the company, valued at $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have issued reports on PLTR. Roth Capital started coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a "buy" rating on the stock. Wolfe Research initiated coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a "buy" rating for the company. Cantor Fitzgerald initiated coverage on Palantir Technologies in a report on Tuesday, August 4th. They set an "overweight" rating for the company. Royal Bank Of Canada reaffirmed an "underperform" rating and set a $90.00 target price on shares of Palantir Technologies in a research report on Friday, July 31st. Finally, Needham & Company LLC set a $215.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $203.28.

Key Headlines Impacting Palantir Technologies

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Knox Systems partnership supports federal growth. Palantir is working with Knox to accelerate software deployments for customers operating in secure FedRAMP and IL5 cloud environments. The agreement could improve access to government agencies and reinforce Palantir’s position in defense technology, although financial terms were not disclosed. Knox and Palantir partnership
• Positive Sentiment: Analysts raised price targets. Mizuho lifted its target to $245 and Baird raised its target to $250, citing Palantir’s rapid revenue growth and expanding commercial and government opportunities. Broader optimism that the AI spending cycle has substantial room to run also provides a favorable backdrop for Palantir’s software and “sovereign AI” offerings. Palantir stock and analyst targets
• Neutral Sentiment: November earnings are the next major test. Palantir recently reported approximately 93% year-over-year quarterly revenue growth, but investors will need continued strong execution and margin performance to justify the stock’s premium multiple. Commentary on TITAN deployments and AI in production points to potential recurring, high-margin government revenue. Palantir TITAN system delivery
• Negative Sentiment: Valuation and selling pressure remain key risks. Analysts warn that Palantir’s valuation already assumes years of exceptional execution, while ETF outflows, increased insider selling and ARK Invest’s reported sale of roughly $3.6 million in PLTR shares may weigh on sentiment. With shares near their 52-week high, investors appear particularly sensitive to any growth or margin disappointment. Palantir valuation risk

Palantir Technologies Stock Down 0.8%

PLTR stock opened at $192.60 on Wednesday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The stock's 50 day moving average is $183.35 and its 200-day moving average is $152.76. The firm has a market capitalization of $462.83 billion, a PE ratio of 164.62, a P/E/G ratio of 3.42 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The company had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $1.81 billion. During the same quarter in the previous year, the firm earned $0.16 earnings per share. Palantir Technologies's quarterly revenue was up 92.8% on a year-over-year basis. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

About Palantir Technologies

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir's principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization's data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.

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