OneDigital Investment Advisors LLC Has $4.35 Million Stake in Palantir Technologies Inc. $PLTR

OneDigital Investment Advisors LLC lowered its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 12.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,255 shares of the company's stock after selling 5,170 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Palantir Technologies were worth $4,347,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Basepoint Wealth LLC acquired a new stake in Palantir Technologies during the 4th quarter worth approximately $29,000. Cornerstone Financial Management LLC acquired a new position in shares of Palantir Technologies in the fourth quarter valued at approximately $31,000. Wexford Capital LP bought a new stake in shares of Palantir Technologies during the third quarter worth $36,000. Prudent Man Investment Management Inc. bought a new stake in shares of Palantir Technologies during the fourth quarter worth $35,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $36,000. Institutional investors own 45.65% of the company's stock.

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 150,000 shares of the firm's stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $19,500,000.00. Following the completion of the transaction, the insider directly owned 599,899 shares of the company's stock, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a 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, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00. Following the sale, the director directly owned 54,107 shares in the company, valued at $8,927,655. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 227,778 shares of company stock valued at $30,696,263. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Stock Performance

PLTR opened at $179.94 on Friday. The business's 50-day simple moving average is $138.90 and its 200 day simple moving average is $140.74. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The firm has a market capitalization of $432.41 billion, a PE ratio of 153.79, a PEG ratio of 2.46 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 30.57% and a net margin of 49.01%.The business's revenue was up 92.8% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. On average, research analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Analyst Ratings Changes

PLTR has been the subject of a number of research analyst reports. DA Davidson upped their target price on shares of Palantir Technologies from $175.00 to $200.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. Citigroup downgraded Palantir Technologies from a "buy" rating to a "market perform" rating in a research note on Tuesday, August 4th. Mizuho boosted their price target on Palantir Technologies from $185.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, August 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Palantir Technologies in a research report on Friday, July 24th. Finally, Roth Capital started coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a "buy" rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $192.19.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
• Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
• Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
• Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
• Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
• Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry's Put Buys Should Not Deter Retail Investors
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

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.

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