Gateway Wealth Partners LLC Has $1.27 Million Stock Position in Palantir Technologies Inc. $PLTR

Key Points

• Gateway Wealth Partners reduced its Palantir stake by 59.1% in the second quarter, leaving it with 10,852 shares valued at approximately $1.27 million. Institutional investors and hedge funds collectively own 45.65% of the company.
• Palantir reported quarterly EPS of $0.41 versus the $0.34 consensus estimate, while revenue of $1.94 billion exceeded forecasts and increased 92.8% year over year.
• Valuation remains a major risk: the stock trades at roughly 147 times earnings, despite strong AI-driven growth expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $192.19.

Gateway Wealth Partners LLC lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 59.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,852 shares of the company's stock after selling 15,675 shares during the period. Gateway Wealth Partners LLC's holdings in Palantir Technologies were worth $1,266,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Palantir Technologies during the 4th quarter worth approximately $5,149,641,000. Jennison Associates LLC acquired a new position in Palantir Technologies during the first quarter worth $1,574,111,000. Arrowstreet Capital Limited Partnership raised its position in Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company's stock worth $1,528,143,000 after acquiring an additional 7,678,747 shares in the last quarter. State Street Corp raised its position in Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company's stock worth $18,471,648,000 after acquiring an additional 6,777,771 shares in the last quarter. Finally, Cardano Risk Management B.V. lifted its stake in Palantir Technologies by 917.4% in the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company's stock valued at $1,170,596,000 after acquiring an additional 5,938,343 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir’s strong earnings and revenue momentum remain the primary bullish catalysts. The company exceeded quarterly earnings expectations, and analysts and commentators believe continued adoption of its AI software could sustain rapid growth. Palantir Technologies Earnings and Price Momentum
• Positive Sentiment: Articles highlighting Palantir’s real-world efficiency gains and expanding demand for AI software reinforce expectations that its commercial business can continue growing rapidly. Some long-term scenarios see substantial upside if the company maintains strong growth through 2030 and beyond. Palantir AI Software Demand
• Neutral Sentiment: Long-term returns will depend heavily on one factor: how quickly revenue continues to compound. The company may remain a high-quality growth story, but repeating its extraordinary historical stock performance will require sustained execution. Where Palantir Stock Lands in Five Years
• Negative Sentiment: Valuation is the key pressure point. Palantir is described as trading at roughly 74 times sales and about 149–151 times earnings, levels that leave little room for disappointing growth or guidance. Historical comparisons suggest software stocks trading at similar multiples can experience significant declines after investor enthusiasm fades. Palantir Trades at a Historically High Valuation
• Negative Sentiment: Another comparison argues that Palantir appears fully valued relative to other AI software opportunities, while similarly strong companies may offer more attractive valuations. This could encourage profit-taking despite the company’s excellent operating results. AMD and Palantir Buy Sell or Hold Analysis

Palantir Technologies Stock Down 0.9%

Shares of Palantir Technologies stock opened at $172.55 on Tuesday. The stock has a market capitalization of $414.65 billion, a price-to-earnings ratio of 147.48, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59. The company has a 50-day simple moving average of $135.32 and a two-hundred day simple moving average of $140.01. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm's quarterly revenue was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 earnings per share. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.26 earnings per share for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 319,934 shares of the firm's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider directly owned 592 shares of the company's stock, valued at $80,535.68. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the sale, the insider directly owned 375,242 shares of the company's stock, valued at approximately $51,047,921.68. This trade represents a 4.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 1,150,302 shares of company stock worth $156,197,565. Corporate insiders own 9.53% of the company's stock.

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $200.00 price objective for the company in a research report on Tuesday, August 4th. BNP Paribas Exane initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They set an "underperform" rating on the stock. President Capital upgraded Palantir Technologies from a "neutral" rating to a "buy" rating and increased their price target for the company from $25.50 to $133.00 in a research note on Monday, June 29th. UBS Group set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. Finally, Argus upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 price objective on the stock in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.

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