Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Takes $14.81 Million Position in Palantir Technologies Inc. $PLTR

Key Points

• Kranot Hishtalmut Le Morim Ve Gananot bought 126,960 Palantir shares during the second quarter, worth approximately $14.81 million. Institutional investors collectively own 45.65% of PLTR.
• Palantir reported strong quarterly results, with revenue rising 92.8% year over year to $1.94 billion and EPS of $0.41, beating estimates. However, the stock’s elevated valuation—about 146.6 times earnings—remains a significant risk.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $192.19, while insiders sold roughly $30.8 million worth of shares over the past three months.

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 126,960 shares of the company's stock, valued at approximately $14,812,000.

Several other institutional investors have also made changes to their positions in PLTR. BCGM Wealth Management LLC increased its stake in Palantir Technologies by 2.0% during the 2nd quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock worth $374,000 after acquiring an additional 64 shares during the period. CYBER HORNET ETFs LLC grew its holdings in shares of 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 purchasing an additional 65 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of Palantir Technologies by 0.4% in the fourth quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company's stock worth $3,124,000 after purchasing an additional 67 shares during the period. Financial Partners Group Inc raised its stake in Palantir Technologies by 1.8% in the fourth 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 in the last quarter. Finally, LifeSteps Financial Inc. lifted its position in Palantir Technologies by 4.9% during the first quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company's stock worth $217,000 after purchasing an additional 69 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s latest quarterly results remain the primary bullish catalyst. Revenue increased roughly 93% year over year to $1.94 billion, while earnings exceeded analyst expectations, reinforcing confidence in demand for its AI software platforms. Q2 Earnings Season Standout Performers: PLTR, MSFT
• Positive Sentiment: Several bullish commentaries argue that Pentagon AI spending and continued commercial expansion could support further gains. One valuation analysis estimates the shares may still be modestly undervalued if defense-related momentum persists, while other analysts have upgraded their outlook after the strong earnings report. Palantir Stock May Be 9% Undervalued on Pentagon AI Momentum
• Neutral Sentiment: Long-term articles focus on whether Palantir can become a trillion-dollar company. That outcome would require the company to sustain very high growth for years, expand its customer base, and convert AI enthusiasm into durable profits; these are possibilities rather than near-term catalysts. Is Palantir the Next Trillion-Dollar Stock?
• Negative Sentiment: Valuation is the key headwind. Palantir is trading at extremely elevated earnings and sales multiples, prompting comparisons with software stocks that later experienced sharp corrections after reaching similar levels. Higher Treasury yields also make expensive, long-duration growth stocks less attractive. Palantir Trades at 74x Sales
• Negative Sentiment: Investor Michael Burry has reportedly renewed bearish put positions, citing Palantir’s valuation and stock-based compensation. Although this does not change the company’s fundamentals, it adds visibility to the bear case and may encourage profit-taking after the stock’s strong run. Michael Burry Is Betting Against Palantir Again

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 35,000 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company's stock, valued at $100,081,780.20. This trade represents a 5.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. The trade was a 2.40% 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. Insiders sold 228,608 shares of company stock worth $30,810,313 over the last three months. Company insiders own 9.53% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on PLTR shares. Benchmark reaffirmed a "hold" rating on shares of Palantir Technologies in a report on Tuesday, August 4th. DZ Bank assumed coverage on Palantir Technologies in a research note on Thursday, April 23rd. They set a "buy" rating and a $175.00 target price for the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $225.00 target price on shares of Palantir Technologies in a report on Thursday, July 30th. Wedbush initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They set an "outperform" rating for the company. Finally, UBS Group set a $215.00 price objective on Palantir Technologies in a research note on Tuesday, August 11th. Two research 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $192.19.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $171.54 on Wednesday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The firm has a 50 day moving average price of $136.11 and a two-hundred day moving average price of $140.11. The stock has a market cap of $412.22 billion, a P/E ratio of 146.62, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company's revenue for the quarter was up 92.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.16 earnings per share. Analysts predict that Palantir Technologies Inc. will post 1.26 earnings per share for the current fiscal year.

About Palantir Technologies

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.

Continue following MarketBeat

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

Add As Preferred Source