Fielder Capital Group LLC Acquires 4,005 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Fielder Capital Group increased its Palantir stake by 18.9% in the second quarter, purchasing 4,005 additional shares for a total of 25,201 shares valued at approximately $2.94 million. Institutional investors collectively own 45.65% of the company.
• Analysts maintain a generally positive outlook, with MarketBeat reporting a consensus “Moderate Buy” rating and an average price target of $192.19, despite some downgrades and underperform ratings.
• Palantir reported strong quarterly results, including $0.41 in EPS versus $0.34 expected and 92.8% year-over-year revenue growth. However, the stock’s elevated valuation and recent insider selling—including $30.7 million in sales over three months—remain potential risks.

Fielder Capital Group LLC increased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 18.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,201 shares of the company's stock after purchasing an additional 4,005 shares during the quarter. Fielder Capital Group LLC's holdings in Palantir Technologies were worth $2,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Milestone Asset Management LLC grew its position in shares of Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company's stock valued at $10,763,000 after purchasing an additional 42,173 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Palantir Technologies in the fourth quarter worth about $222,143,000. Vanguard Group Inc. lifted its position in shares of Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company's stock worth $38,295,188,000 after buying an additional 1,557,828 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Palantir Technologies by 6.8% during the fourth 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 during the last quarter. Finally, Income Insurance Ltd bought a new position in Palantir Technologies during the fourth quarter valued at approximately $1,228,000. Institutional investors own 45.65% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PLTR. BNP Paribas Exane started coverage on Palantir Technologies in a research note on Tuesday, June 16th. They issued an "underperform" rating on the stock. HSBC lowered shares of Palantir Technologies from a "buy" rating to a "hold" rating and cut their target price for the company from $205.00 to $151.00 in a report on Friday, May 1st. Roth Capital started coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a "buy" rating on the stock. Phillip Securities upped their price target on shares of Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. Finally, DA Davidson increased their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $192.19.

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 150,000 shares of the company's stock in a transaction 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 sale, the insider directly owned 599,899 shares in the company, valued at $77,986,870. This represents a 20.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 3,032 shares of the firm's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the sale, the director directly owned 54,107 shares in the company, valued at approximately $8,927,655. The trade was a 5.31% 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. Insiders have sold a total of 227,778 shares of company stock worth $30,696,263 in the last three months. Corporate insiders own 9.53% of the company's stock.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $173.96 on Friday. The business's 50 day moving average price is $137.87 and its 200-day moving average price is $140.47. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The company has a market cap of $418.04 billion, a price-to-earnings ratio of 148.68, a PEG ratio of 2.48 and a beta of 1.59.

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, beating analysts' consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business's revenue was up 92.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.16 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Palantir Technologies News Roundup

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

• Positive Sentiment: Strong growth and margins support the bull case: Palantir’s latest quarter featured approximately 93% year-over-year revenue growth, an earnings beat, and expanding margins. Analysts and commentators argue that its rising Rule of 40 score and efficient AI-driven growth could represent a durable structural advantage. Palantir's Margin Expansion Signals a Structural Growth Advantage
• Positive Sentiment: Enterprise and sovereign AI demand remains a key catalyst: CEO Alex Karp said Palantir could sustain its current growth and margin profile over the next 18 months, while the company’s Sovereignty Bootcamps have attracted nearly 200 organizations. The strong participation suggests growing demand for localized and secure AI deployments. Palantir's Sovereignty Bootcamps Draw Nearly 200 Organizations in <30 Days
• Positive Sentiment: Momentum and analyst optimism continue: Recent coverage describes improving software-stock outlooks, potential technical breakout conditions, and continued post-earnings momentum. Zacks also added PLTR to its Rank #1 Strong Buy list. Is Palantir Stock About to Breakout?
• Neutral Sentiment: Short-covering may be amplifying the rally: Reports estimate roughly $12 billion in short interest and about $5 billion in short-seller losses, potentially adding technical buying pressure. This can support the stock near term but does not necessarily change the company’s underlying value. Short Sellers Are Losing Big on Palantir — Here's the Data
• Negative Sentiment: Valuation is the principal risk: With the stock trading at a very high earnings multiple after its sharp advance, skeptics question whether extraordinary growth is already priced in. Some bearish commentary argues that even strong execution may not justify current expectations. Is Palantir Still a Buy After Its 33% Rally Over the Past Month?
• Negative Sentiment: Insider selling adds caution: A Palantir director reportedly sold approximately $2.79 million of shares, reinforcing concerns about valuation and profit-taking after the rally. Palantir Director Offloads $2.79M

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.

Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source