Wealthcare Advisory Partners LLC Raises Stake in Palantir Technologies Inc. $PLTR

Key Points

• Wealthcare Advisory Partners increased its Palantir stake by 8.7% in the second quarter, bringing its holdings to 36,199 shares valued at approximately $4.22 million. Institutional investors collectively own 45.65% of the company.
• Palantir reported strong quarterly results, with revenue rising 92.8% year over year to $1.94 billion and EPS of $0.41, exceeding analyst expectations. Analysts have a “Moderate Buy” consensus rating and an average price target of $192.19.
• Insider selling and elevated valuation remain risks. Insiders sold 1.15 million shares worth about $156.2 million during the last quarter, while Palantir trades at a price-to-earnings ratio near 150.

Wealthcare Advisory Partners LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 8.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,199 shares of the company's stock after buying an additional 2,906 shares during the quarter. Wealthcare Advisory Partners LLC's holdings in Palantir Technologies were worth $4,223,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Transcend Capital Advisors LLC raised its holdings in shares of Palantir Technologies by 0.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company's stock worth $1,890,000 after purchasing an additional 60 shares during the last quarter. San Luis Wealth Advisors LLC lifted its position in Palantir Technologies by 1.6% during the fourth quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company's stock valued at $726,000 after purchasing an additional 63 shares during the period. Monument Capital Management boosted its holdings in Palantir Technologies by 1.2% in the fourth quarter. Monument Capital Management now owns 5,341 shares of the company's stock valued at $949,000 after purchasing an additional 63 shares during the last quarter. CYBER HORNET ETFs LLC boosted its holdings in Palantir Technologies by 1.2% in the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company's stock valued at $966,000 after purchasing an additional 65 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its position 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 during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director directly owned 54,107 shares in the company, valued at approximately $8,927,655. The trade was a 5.31% decrease in their position. The transaction was disclosed in a 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 Shyam Sankar sold 35,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the transaction, the insider directly owned 642,786 shares of the company's stock, valued at $100,081,780.20. The trade was a 5.16% 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. In the last quarter, insiders have sold 1,150,302 shares of company stock valued at $156,197,565. 9.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wedbush started coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an "outperform" rating for the company. Benchmark restated a "hold" rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. Zacks Research upgraded Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 7th. Royal Bank Of Canada reissued an "underperform" rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Friday, July 31st. Finally, DZ Bank assumed coverage on Palantir Technologies in a research report on Thursday, April 23rd. They issued a "buy" rating and a $175.00 price objective on the stock. Two equities research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of "Moderate Buy" and an average target price of $192.19.

Palantir Technologies News Roundup

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

• Positive Sentiment: Blowout results and raised guidance remain the primary bullish catalyst. Palantir reported quarterly revenue of $1.94 billion, up 92.8% year over year and ahead of expectations, while EPS also exceeded consensus. Coverage suggests the guidance increase implies roughly $362 million in additional second-half revenue. Q2 Earnings Season Standouts
• Positive Sentiment: Commercial AI demand is accelerating. Recent reports highlight 110% commercial revenue growth, 79% government revenue growth, a 62% adjusted EBITDA margin and $1.22 billion in free cash flow. Palantir’s open-weight model strategy could help differentiate its platforms from OpenAI and Anthropic by giving customers more control over customized models. Palantir Q2: Karp Takes On the Two AI Labs
• Positive Sentiment: Bullish price targets and strategic importance support the shares. Commentary includes a $220 target, representing potential upside from recent levels, while analysts and investors point to Palantir’s expanding U.S. commercial market, defense role and growing backlog as reasons the rally may continue. Prediction: Palantir Will Hit $220 This Year
• Neutral Sentiment: Macro conditions could amplify volatility. Investors are awaiting the July CPI report, with a softer-than-expected reading potentially supporting high-beta AI stocks such as PLTR. The reported short-interest figures showing zero shares appear unreliable because the data also lists an undefined percentage change.
• Negative Sentiment: Profit-taking and insider selling are creating near-term pressure. ARK Invest trimmed approximately $21 million of PLTR after the recent surge, while CTO Shyam Sankar sold 35,000 shares worth about $5.45 million under a pre-arranged Rule 10b5-1 plan. Cathie Wood Sold Palantir Shares
• Negative Sentiment: Valuation concerns remain significant. With a price-to-earnings ratio near 150, the stock is priced for sustained exceptional growth. Michael Burry’s long-dated put positions, targeting strikes in the low-to-mid $100s, reinforce concerns that expectations may be too high. Michael Burry’s Palantir Put Positions

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $174.94 on Wednesday. The stock has a market capitalization of $419.39 billion, a PE ratio of 149.52, a P/E/G ratio of 2.50 and a beta of 1.59. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The company has a fifty day moving average of $132.50 and a two-hundred day moving average of $139.81.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $1.81 billion. During the same quarter in the previous year, the company earned $0.16 earnings per share. The company's quarterly revenue was up 92.8% on a year-over-year basis. Research analysts forecast that Palantir Technologies Inc. will post 1.26 earnings per share for the current year.

Palantir Technologies 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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