Focus Partners Advisor Solutions LLC Sells 28,310 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Focus Partners Advisor Solutions cut its Palantir stake by 37.9% in the second quarter, selling 28,310 shares and retaining 46,336 shares valued at approximately $5.4 million. Institutional investors own 45.65% of the company.
• Palantir reported a strong quarter, with revenue rising 92.8% year over year to $1.94 billion and EPS of $0.41, exceeding the $0.34 analyst consensus. The company also posted a 49.01% net margin.
• Valuation remains a major concern despite strong growth and analyst optimism. Shares traded at $173.96 with a P/E ratio of 148.68, while several analysts maintain neutral ratings; the consensus rating is “Moderate Buy” with a $192.19 price target.

Focus Partners Advisor Solutions LLC decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 37.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,336 shares of the company's stock after selling 28,310 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Palantir Technologies were worth $5,406,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PLTR. BCGM Wealth Management LLC increased its stake in shares of Palantir Technologies by 2.0% in the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock worth $374,000 after purchasing an additional 64 shares during the period. CYBER HORNET ETFs LLC boosted its stake in Palantir Technologies by 1.2% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company's stock valued at $966,000 after purchasing an additional 65 shares during the period. Verdence Capital Advisors LLC boosted its stake in Palantir Technologies by 0.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company's stock valued at $3,124,000 after purchasing an additional 67 shares during the period. Financial Partners Group Inc boosted its stake in Palantir Technologies by 1.8% during the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company's stock valued at $676,000 after purchasing an additional 68 shares during the period. Finally, LifeSteps Financial Inc. grew its holdings in Palantir Technologies by 4.9% in the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company's stock valued at $217,000 after buying an additional 69 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Trading Down 0.7%

Shares of NASDAQ:PLTR opened at $173.96 on Friday. The firm has a market capitalization of $418.04 billion, a PE ratio of 148.68, a PEG ratio of 2.48 and a beta of 1.59. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The business's 50 day moving average is $137.87 and its 200-day moving average is $140.47.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates 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 period in the prior year, the company posted $0.16 earnings per share. Palantir Technologies's revenue was up 92.8% on a year-over-year basis. On average, sell-side analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Palantir Technologies News Summary

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

Insider Activity

In related news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the 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 completion of the transaction, the director owned 54,107 shares of the company's stock, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 150,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $19,500,000.00. Following the sale, the insider directly owned 599,899 shares in the company, valued at $77,986,870. The trade was a 20.00% 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 90 days, insiders sold 227,778 shares of company stock worth $30,696,263. 9.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Citigroup downgraded Palantir Technologies from a "buy" rating to a "market perform" rating in a research report on Tuesday, August 4th. The Goldman Sachs Group restated a "neutral" rating and issued a $204.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. William Blair assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a "neutral" rating for the company. BTIG Research downgraded shares of Palantir Technologies to a "neutral" rating in a report on Tuesday, June 16th. Finally, Piper Sandler restated an "overweight" rating and issued a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Palantir Technologies has an average rating of "Moderate Buy" and an average 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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