Palantir Technologies Inc. $PLTR Shares Sold by Silverleafe Capital Partners LLC

Key Points

• Silverleafe Capital Partners cut its Palantir stake by 17.7% in the third quarter, selling 3,849 shares and retaining 17,949 shares valued at approximately $3.36 million. Institutional investors collectively own 45.65% of the company.
• Analyst sentiment remains broadly positive, with Palantir receiving a “Moderate Buy” consensus rating and an average price target of $195.33, although some firms maintain neutral or sell ratings.
• Palantir reported strong growth, including 92.8% year-over-year revenue growth and an earnings beat, but its valuation remains demanding at a price-to-earnings ratio above 161. Insiders also sold shares, including CEO Alexander Karp’s $86.1 million sale under a pre-arranged trading plan.

Silverleafe Capital Partners LLC trimmed its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 17.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,949 shares of the company's stock after selling 3,849 shares during the period. Palantir Technologies comprises about 1.0% of Silverleafe Capital Partners LLC's investment portfolio, making the stock its 26th largest position. Silverleafe Capital Partners LLC's holdings in Palantir Technologies were worth $3,357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jennison Associates LLC acquired a new stake in Palantir Technologies during the first quarter worth approximately $1,574,111,000. Arrowstreet Capital Limited Partnership raised its holdings in Palantir Technologies by 277.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company's stock valued at $1,528,143,000 after acquiring an additional 7,678,747 shares during the last quarter. Cardano Risk Management B.V. raised its holdings in Palantir Technologies by 917.4% in the 4th quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company's stock valued at $1,170,596,000 after acquiring an additional 5,938,343 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Palantir Technologies by 1,449.7% during the 4th quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company's stock worth $937,205,000 after purchasing an additional 4,932,364 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Palantir Technologies by 28.7% during the first quarter. Bank of America Corp DE now owns 18,839,779 shares of the company's stock worth $2,755,883,000 after purchasing an additional 4,201,852 shares during the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PLTR has been the subject of several analyst reports. Piper Sandler reiterated an "overweight" rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. BTIG Research lowered Palantir Technologies to a "neutral" rating in a research note on Tuesday, June 16th. Mizuho lifted 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. UBS Group upped their price objective on shares of Palantir Technologies from $220.00 to $250.00 and gave the company a "buy" rating in a research note on Tuesday, September 15th. Finally, The Goldman Sachs Group reiterated a "neutral" rating on shares of Palantir Technologies in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $195.33.

Palantir Technologies News Summary

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

• Positive Sentiment: Armada partnership expands sovereign AI opportunity. Palantir named Armada its inaugural Certified Modular Data Center Partner. The companies will combine Palantir’s Sovereign AI Operating System with U.S.- and allied-manufactured modular data centers, enabling government and enterprise customers to keep AI models, data, and hardware under their control—even in air-gapped environments. The announcement drove reports of a roughly 2% advance in the stock. Palantir and Armada Partner to Accelerate Sovereign AI Infrastructure
• Positive Sentiment: Strong operating momentum continues. Coverage highlights Palantir’s best quarter in a year, its ninth consecutive earnings beat, rapid revenue growth, expanding operating margins, and rising cash generation. Bullish analysts argue that demand for the company’s AI software could support substantially higher long-term revenue and earnings. Palantir’s Growth Could Justify a Much Higher Stock Price
• Neutral Sentiment: Cash flow is improving, but per-share gains are being watched. Palantir is producing substantially more cash as revenue expands; however, investors are evaluating whether that growth is sufficient to offset stock-based compensation and dilution. Is Palantir’s Cash Flow Keeping Ahead of Share Dilution?
• Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at a very high earnings multiple relative to the broader market. Any slowdown in growth, margin expansion, or AI spending could trigger a sharp repricing. What Could Go Wrong With Palantir Stock?
• Negative Sentiment: Some prominent investors are reducing exposure. Cathie Wood’s ARK Invest reportedly trimmed roughly $4 million of Palantir shares, while Michael Burry has maintained or increased a short position citing accounting and valuation concerns. These actions may reinforce near-term caution despite strong fundamentals. Peter Thiel Says US AI Demand Is Booming, but Cathie Wood Is Trimming Palantir

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 492,348 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,250 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $174.29, for a total value of $217,862.50. Following the transaction, the insider owned 56,921 shares of the company's stock, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 535,027 shares of company stock valued at $92,829,340 over the last quarter. Company insiders own 9.53% of the company's stock.

Palantir Technologies Stock Down 0.7%

Shares of NASDAQ:PLTR traded down $1.29 on Friday, reaching $188.75. 17,756,597 shares of the company's stock were exchanged, compared to its average volume of 43,251,453. The business's 50-day moving average is $169.49 and its two-hundred day moving average is $148.50. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The firm has a market capitalization of $453.58 billion, a price-to-earnings ratio of 161.32, a PEG ratio of 2.63 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the business posted $0.16 EPS. The company's quarterly revenue was up 92.8% on a year-over-year basis. Analysts predict that Palantir Technologies Inc. will post 1.28 earnings per share for the current fiscal year.

Palantir Technologies Company Profile

Palantir Technologies Inc NASDAQ: PLTR develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization's data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.

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