Hedeker Wealth LLC Has $19.89 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Key Points

• Hedeker Wealth cut its Palantir stake by 20.7% in the second quarter, selling 44,378 shares and retaining 170,510 shares valued at $19.89 million. Palantir remains approximately 3.8% of the firm’s portfolio.
• Palantir reported strong quarterly results, with EPS of $0.41 versus the $0.34 consensus and revenue of $1.94 billion, up 92.8% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $192.19.
• Valuation remains the main risk: the stock trades at roughly 147 times earnings, leaving limited room for weaker growth or guidance. Recent insider sales and Palantir’s high price-to-sales multiple may also encourage profit-taking despite continued AI-driven demand.

Hedeker Wealth LLC lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 20.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 170,510 shares of the company's stock after selling 44,378 shares during the quarter. Palantir Technologies makes up approximately 3.8% of Hedeker Wealth LLC's holdings, making the stock its 4th biggest holding. Hedeker Wealth LLC's holdings in Palantir Technologies were worth $19,893,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BCGM Wealth Management LLC increased its holdings in Palantir Technologies by 2.0% in the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock valued at $374,000 after buying an additional 64 shares during the last quarter. CYBER HORNET ETFs LLC lifted its holdings in Palantir Technologies by 1.2% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company's stock worth $966,000 after buying an additional 65 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in Palantir Technologies by 0.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company's stock worth $3,124,000 after buying an additional 67 shares during the last quarter. Financial Partners Group Inc grew its position in shares of Palantir Technologies by 1.8% in the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company's stock worth $676,000 after acquiring an additional 68 shares in the last quarter. Finally, LifeSteps Financial Inc. grew its position in shares of Palantir Technologies by 4.9% in the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company's stock worth $217,000 after acquiring an additional 69 shares in the last quarter. 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: 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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PLTR shares. Needham & Company LLC set a $215.00 price target on Palantir Technologies in a research report on Tuesday, August 11th. Piper Sandler restated an "overweight" rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Argus raised shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 price objective for the company in a report on Wednesday, May 6th. The Goldman Sachs Group reiterated a "neutral" rating and set a $204.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, Northland Securities set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $192.19.

Palantir Technologies Trading 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 PEG ratio of 2.48 and a beta of 1.59. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The business's 50 day simple moving average is $135.32 and its 200-day simple moving average is $140.01.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The business's revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. Sell-side analysts predict that Palantir Technologies Inc. will post 1.26 earnings per share for the current year.

Insider Activity at Palantir Technologies

In other news, insider Ryan D. Taylor sold 19,662 shares of the company's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,674,818.48. Following the completion of the transaction, the insider owned 199,759 shares in the company, valued at approximately $27,175,214.36. This represents a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $875,044,378.32. This trade represents a 5.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 1,150,302 shares of company stock valued at $156,197,565. Company insiders own 9.53% of the company's stock.

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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