Guardian Wealth Advisors LLC NC Grows Position in Palantir Technologies Inc. $PLTR

Guardian Wealth Advisors LLC NC boosted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 67.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,627 shares of the company's stock after acquiring an additional 4,283 shares during the period. Guardian Wealth Advisors LLC NC's holdings in Palantir Technologies were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Basepoint Wealth LLC purchased a new stake in shares of Palantir Technologies in the 4th quarter worth approximately $29,000. Ballast Advisors LLC purchased a new position in Palantir Technologies during the first quarter valued at approximately $29,000. Cornerstone Financial Management LLC purchased a new position in Palantir Technologies during the fourth quarter valued at approximately $31,000. Whipplewood Advisors LLC bought a new position in Palantir Technologies in the first quarter worth approximately $32,000. Finally, Prudent Man Investment Management Inc. bought a new position in Palantir Technologies in the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

Key Stories 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?

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $200.00 target price on the stock in a research report on Tuesday, August 4th. Northland Securities set a $200.00 price target on Palantir Technologies in a research report on Tuesday, August 4th. William Blair restated an "outperform" rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Piper Sandler reaffirmed an "overweight" rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, Mizuho lifted their target price on Palantir Technologies from $185.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $192.19.

Palantir Technologies Price Performance

Shares of PLTR opened at $174.33 on Monday. The company has a 50 day moving average of $150.22 and a two-hundred day moving average of $143.63. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a market cap of $418.93 billion, a price-to-earnings ratio of 149.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.62.

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. 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 for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm posted $0.16 earnings per share. The business's quarterly revenue was up 92.8% on a year-over-year basis. On average, sell-side analysts expect that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Insiders Place Their Bets

In other Palantir Technologies news, Director Lauren Friedman Stat sold 1,342 shares of the firm's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $182.50, for a total value of $244,915.00. Following the completion of the sale, the director owned 52,765 shares of the company's stock, valued at approximately $9,629,612.50. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of the business's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total value of $217,862.50. Following the sale, the insider owned 56,921 shares in the company, valued at $9,920,761.09. The trade was a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 721,508 shares of company stock worth $117,070,093 over the last quarter. Company insiders own 9.53% of the company's stock.

Palantir Technologies Company 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