One Wealth Advisors LLC Invests $347,000 in Palantir Technologies Inc. $PLTR

Key Points

• One Wealth Advisors LLC has acquired a stake in Palantir Technologies, investing approximately $347,000 for 2,545 shares during the second quarter.
• Several large investors have shown interest in Palantir, with notable transactions including Kingstone Capital Partners investing about $2.54 billion and Price T Rowe Associates increasing its stake by 55.2%.
• Analysts' ratings for Palantir show a consensus of "Hold" with various target prices ranging from $155.00 to $215.00, reflecting diverse outlooks on the stock's future potential.

One Wealth Advisors LLC acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,545 shares of the company's stock, valued at approximately $347,000.

Several other large investors have also bought and sold shares of PLTR. Kingstone Capital Partners Texas LLC acquired a new stake in Palantir Technologies in the second quarter valued at about $2,543,888,000. Nuveen LLC acquired a new stake in Palantir Technologies in the first quarter valued at about $520,232,000. Price T Rowe Associates Inc. MD boosted its stake in Palantir Technologies by 55.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,346,061 shares of the company's stock valued at $1,126,408,000 after buying an additional 4,748,513 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Palantir Technologies by 38.5% in the first quarter. Goldman Sachs Group Inc. now owns 15,180,154 shares of the company's stock valued at $1,281,205,000 after buying an additional 4,221,392 shares in the last quarter. Finally, Amundi boosted its stake in Palantir Technologies by 56.1% in the first quarter. Amundi now owns 10,620,301 shares of the company's stock valued at $887,857,000 after buying an additional 3,815,386 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on PLTR shares. Cantor Fitzgerald raised their price objective on Palantir Technologies from $110.00 to $155.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Bank of America increased their target price on Palantir Technologies from $180.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, September 23rd. Piper Sandler set a $182.00 target price on Palantir Technologies in a research report on Tuesday, August 5th. Morgan Stanley set a $155.00 target price on Palantir Technologies and gave the company an "equal weight" rating in a research report on Tuesday, August 5th. Finally, Mizuho set a $165.00 target price on Palantir Technologies in a research report on Monday, September 15th. Four investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $140.22.

Palantir Technologies Price Performance

Shares of PLTR opened at $182.42 on Wednesday. Palantir Technologies Inc. has a 1 year low of $36.05 and a 1 year high of $190.00. The company has a market capitalization of $432.76 billion, a price-to-earnings ratio of 608.09, a price-to-earnings-growth ratio of 9.98 and a beta of 2.59. The business has a 50-day moving average of $167.37 and a 200-day moving average of $134.98.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $939.29 million. During the same period last year, the company earned $0.09 earnings per share. The firm's revenue was up 48.0% compared to the same quarter last year. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Activity at Palantir Technologies

In other news, insider Shyam Sankar sold 375,000 shares of the firm's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $151.20, for a total transaction of $56,700,000.00. Following the completion of the transaction, the insider directly owned 702,786 shares in the company, valued at $106,261,243.20. This trade represents a 34.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the firm's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $158.35, for a total value of $5,708,200.80. Following the transaction, the insider owned 307,470 shares of the company's stock, valued at $48,687,874.50. This trade represents a 10.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,591,085 shares of company stock valued at $244,676,722 over the last ninety days. Insiders own 12.93% of the company's stock.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

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