Palantir Technologies Inc. $PLTR Shares Sold by Uniting Wealth Partners LLC

Key Points

• Uniting Wealth Partners LLC reduced its Palantir stake by 23.5% in the second quarter, selling 4,701 shares and retaining 15,292 shares valued at approximately $1.78 million.
• Institutional investors own 45.65% of Palantir, while insiders sold 227,778 shares worth about $30.7 million over the past 90 days under pre-arranged trading plans.
• Palantir reported strong quarterly results, with revenue up 92.8% to $1.94 billion and EPS beating estimates. Analysts maintain a “Moderate Buy” consensus, although the stock’s elevated valuation—roughly 154 times earnings—remains a major risk.

Uniting Wealth Partners LLC trimmed its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 23.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,292 shares of the company's stock after selling 4,701 shares during the period. Uniting Wealth Partners LLC's holdings in Palantir Technologies were worth $1,784,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PLTR. Basepoint Wealth LLC acquired a new stake in Palantir Technologies during the 4th quarter worth $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $31,000. Wexford Capital LP acquired a new stake in Palantir Technologies during the third quarter worth $36,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Palantir Technologies during the 4th quarter worth about $35,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $36,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

More Palantir Technologies News

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.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, 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 transaction, the insider owned 60,226 shares in the company, valued at approximately $7,757,108.80. The trade was a 2.40% decrease in their ownership of the stock. The sale was disclosed in a legal 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 150,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total value of $19,500,000.00. Following the transaction, the insider owned 599,899 shares of the company's stock, valued at $77,986,870. This represents a 20.00% 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. Insiders sold 227,778 shares of company stock valued at $30,696,263 in the last ninety days. Corporate insiders own 9.53% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PLTR. Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 price objective on shares of Palantir Technologies in a report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Palantir Technologies in a research report on Friday, July 24th. Zacks Research upgraded Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 7th. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a "buy" rating for the company. Finally, BTIG Research downgraded Palantir Technologies to a "neutral" rating in a report on Tuesday, June 16th. Two 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 assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $192.19.

Palantir Technologies Trading Up 3.4%

NASDAQ PLTR opened at $179.94 on Friday. The business's 50 day moving average is $138.90 and its two-hundred day moving average is $140.74. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $207.52. The stock has a market capitalization of $432.41 billion, a price-to-earnings ratio of 153.79, a PEG ratio of 2.46 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) 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%.Palantir Technologies's revenue was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 earnings per share. Equities analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

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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