Palantir Technologies Inc. $PLTR Shares Sold by Plato Investment Management Ltd

Plato Investment Management Ltd lessened its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 6.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,991 shares of the company's stock after selling 3,834 shares during the period. Plato Investment Management Ltd's holdings in Palantir Technologies were worth $6,146,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PLTR. BCGM Wealth Management LLC raised its stake in shares of 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 acquiring an additional 64 shares in the last quarter. CYBER HORNET ETFs LLC grew its stake 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 purchasing an additional 65 shares in the last quarter. Verdence Capital Advisors LLC grew its stake 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 purchasing an additional 67 shares in the last quarter. Financial Partners Group Inc increased its holdings in Palantir Technologies by 1.8% during the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company's stock worth $676,000 after purchasing an additional 68 shares during the period. Finally, LifeSteps Financial Inc. increased its holdings in Palantir Technologies by 4.9% during the 1st 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. Institutional investors and hedge funds own 45.65% of the company's stock.

Insider Transactions at Palantir Technologies

In other news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the transaction, the director owned 54,107 shares in the company, valued at approximately $8,927,655. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the stock in a transaction on Thursday, August 6th. The shares were 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 in the company, valued at $100,081,780.20. This trade represents a 5.16% 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. In the last quarter, insiders sold 227,778 shares of company stock worth $30,696,263. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Performance

PLTR opened at $179.94 on Friday. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The company has a market cap of $432.41 billion, a P/E ratio of 153.79, a PEG ratio of 2.46 and a beta of 1.59. The business's 50-day simple moving average is $138.90 and its 200-day simple moving average is $140.74.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm's revenue was up 92.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.16 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PLTR. Royal Bank Of Canada reiterated an "underperform" rating and issued a $90.00 price objective on shares of Palantir Technologies in a research note on Friday, July 31st. Roth Capital initiated coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a "buy" rating on the stock. Argus raised shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 target price on the stock in a report on Wednesday, May 6th. Wolfe Research started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued a "buy" rating for the company. Finally, UBS Group set a $215.00 price target on shares of Palantir Technologies in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $192.19.

Key Stories 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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