AlphaGrep UK Ltd Buys Shares of 8,663 Palantir Technologies Inc. $PLTR

Key Points

• AlphaGrep UK Ltd. acquired 8,663 Palantir shares during the second quarter, worth approximately $1.01 million. Institutional investors and hedge funds collectively own 45.65% of the company.
• Palantir reported strong quarterly results, with revenue up 92.8% year over year to $1.94 billion and EPS of $0.41, exceeding analyst expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $192.19.
• Valuation and insider selling remain risks: the stock trades at a P/E ratio of about 149, while insiders sold 721,508 shares worth roughly $117.1 million over the past three months.

AlphaGrep UK Ltd bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,663 shares of the company's stock, valued at approximately $1,011,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC raised its position in shares of Palantir Technologies by 6.8% in the 4th quarter. Global Retirement Partners LLC now owns 79,282 shares of the company's stock valued at $14,092,000 after buying an additional 5,070 shares in the last quarter. Income Insurance Ltd bought a new position in Palantir Technologies in the fourth quarter valued at about $1,228,000. Schnieders Capital Management LLC. raised its position in Palantir Technologies by 36.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock valued at $858,000 after purchasing an additional 1,694 shares during the last quarter. Pacific Heights Asset Management LLC boosted its stake in shares of Palantir Technologies by 4.9% during the fourth quarter. Pacific Heights Asset Management LLC now owns 1,175,000 shares of the company's stock valued at $208,856,000 after purchasing an additional 55,000 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in shares of Palantir Technologies during the fourth quarter worth $1,511,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 150,000 shares of the company's stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total transaction of $19,500,000.00. Following the completion of the transaction, the insider owned 599,899 shares in the company, valued at $77,986,870. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $359,275.65. Following the completion of the sale, the insider directly owned 58,171 shares of the company's stock, valued at $10,170,035.93. The trade was a 3.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold a total of 721,508 shares of company stock valued at $117,070,093 over the last three months. 9.53% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock?

Palantir Technologies Trading Down 4.5%

Shares of Palantir Technologies stock opened at $174.33 on Friday. The firm has a market capitalization of $418.93 billion, a PE ratio of 149.00, a price-to-earnings-growth ratio of 2.58 and a beta of 1.62. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The business's 50-day moving average price is $150.22 and its 200-day moving average price is $143.55.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the firm earned $0.16 earnings per share. Palantir Technologies's revenue for the quarter was up 92.8% on a year-over-year basis. As a group, analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PLTR. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $200.00 target price for the company in a research note on Tuesday, August 4th. Weiss Ratings reiterated a "hold (c)" rating on shares of Palantir Technologies in a report on Friday, July 24th. Cantor Fitzgerald initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set an "overweight" rating on the stock. The Goldman Sachs Group restated a "neutral" rating and issued a $204.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, William Blair reaffirmed an "outperform" rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.19.

Palantir Technologies Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir's product portfolio centers on a small number of core platforms.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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