Palantir Technologies Inc. $PLTR Shares Bought by WIM INVESTMENT MANAGEMENT Ltd

Key Points

• WIM Investment Management increased its Palantir stake by 49.9% in the second quarter, purchasing 12,500 additional shares for a total of 37,530 shares valued at $4.38 million. Institutional investors collectively own 45.65% of PLTR.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $192.19. Recent upgrades included Deutsche Bank’s move to “buy” and Zacks Research’s “strong-buy” rating.
• Palantir reported strong quarterly results, with revenue up 92.8% year over year to $1.94 billion and EPS of $0.41, beating estimates. However, the stock’s roughly 150 price-to-earnings ratio, insider selling, and renewed bearish bets from Michael Burry highlight valuation risks.

WIM INVESTMENT MANAGEMENT Ltd increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 49.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,530 shares of the company's stock after purchasing an additional 12,500 shares during the period. Palantir Technologies accounts for approximately 1.4% of WIM INVESTMENT MANAGEMENT Ltd's portfolio, making the stock its 13th largest position. WIM INVESTMENT MANAGEMENT Ltd's holdings in Palantir Technologies were worth $4,379,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company's stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares during the last quarter. State Street Corp lifted its position in shares of Palantir Technologies by 1.1% during the 4th quarter. State Street Corp now owns 102,385,317 shares of the company's stock worth $18,198,990,000 after buying an additional 1,126,418 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Palantir Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company's stock worth $9,599,882,000 after buying an additional 805,047 shares during the last quarter. Norges Bank acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $5,149,641,000. Finally, Invesco Ltd. grew its position in shares of Palantir Technologies by 2.8% in the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company's stock valued at $3,984,281,000 after buying an additional 616,297 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PLTR. Deutsche Bank Aktiengesellschaft upgraded 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. Rosenblatt Securities restated a "buy" rating and set a $225.00 price target on shares of Palantir Technologies in a research note on Thursday, July 30th. Zacks Research raised Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 7th. Phillip Securities boosted their price objective on Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. Finally, Northland Securities set a $200.00 price objective on Palantir Technologies in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Palantir Technologies has an average rating of "Moderate Buy" and a consensus target price of $192.19.

Palantir Technologies News Summary

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

• Positive Sentiment: Enterprise demand remains a key catalyst. Recent coverage highlights growing adoption of Palantir’s artificial-intelligence software, while CEO Alex Karp said demand for sovereign AI could allow the company to sustain its current margins and rapid revenue growth over the next 18 months. Palantir Stock Climbs as Enterprise AI Demand Keeps Growing
• Positive Sentiment: Palantir’s Sovereignty Bootcamps are attracting nearly 200 organizations across two events in less than 30 days. The company said the programs are helping accelerate onboarding of new customers, supporting its government and enterprise growth story. Palantir's Sovereignty Bootcamps Draw Nearly 200 Organizations in 30 Days
• Positive Sentiment: Investor enthusiasm is being reinforced by Palantir’s latest results: revenue rose 92.8% year over year to $1.94 billion, exceeding estimates, while adjusted earnings also beat expectations. Analysts and Zacks subsequently issued favorable commentary, including a Rank #1 Strong Buy designation. New Strong Buy Stocks for August 19th
• Positive Sentiment: Short sellers are facing substantial losses as Palantir’s rally continues. Reports estimate roughly $12 billion in short interest and about $5 billion in mark-to-market losses, creating the potential for additional buying from traders covering bearish positions. Short Sellers Are Losing Big on Palantir — Here's the Data
• Neutral Sentiment: Palantir’s AI outlook has attracted sharply divided opinions. Bullish analysts see a long runway in defense, government and enterprise software, while others argue the stock must deliver exceptional growth to justify its current valuation. Palantir Technologies: What Could Shift Its AI Story?
• Negative Sentiment: Valuation remains the primary downside concern. With a price-to-earnings ratio near 150 and strong recent gains, skeptics question whether revenue growth and the 2026 outlook are already reflected in the share price. Is Palantir Technologies Overvalued?
• Negative Sentiment: Michael Burry has renewed his bearish position using put options, citing valuation and stock-based compensation concerns. Higher Treasury yields also pose a broader risk to richly valued growth stocks. Michael Burry Is Betting Against Palantir Again

Insider Activity at Palantir Technologies

In other 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 sale, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the completion of the sale, the insider directly owned 60,226 shares in the company, valued at approximately $7,757,108.80. The trade was a 2.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 228,608 shares of company stock worth $30,810,313 in the last three months. Insiders own 9.53% of the company's stock.

Palantir Technologies Stock Up 2.1%

Shares of PLTR stock opened at $175.19 on Thursday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The stock's 50-day moving average price is $137.01 and its 200 day moving average price is $140.27. The stock has a market capitalization of $420.99 billion, a PE ratio of 149.74, a price-to-earnings-growth ratio of 2.43 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its earnings results 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. 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 analyst estimates of $1.81 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company's revenue for the quarter was up 92.8% compared to the same quarter last year. Analysts expect that Palantir Technologies Inc. will post 1.27 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