Palantir Technologies (NASDAQ:PLTR) Stock Acquired Rep. Cleo Fields

Key Points

• Representative Cleo Fields purchased between $100,001 and $250,000 in Palantir Technologies stock on July 18, 2025, as per a recently disclosed filing.
• Palantir's stock opened at $182.20 and has a market cap of approximately $429.98 billion, with a 12-month high of $184.48.
• After their latest earnings report, Palantir exceeded analysts' EPS estimates by reporting $0.16 per share, and their quarterly revenue grew by 48.0% compared to the previous year.

Representative Cleo Fields (D-Louisiana) recently bought shares of Palantir Technologies Inc. NASDAQ: PLTR. In a filing disclosed on August 06th, the Representative disclosed that they had bought between $100,001 and $250,000 in Palantir Technologies stock on July 18th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Alphabet NASDAQ: GOOG on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 7/29/2025.
• Purchased $250,001 - $500,000 in shares of NVIDIA NASDAQ: NVDA on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Alphabet NASDAQ: GOOG on 7/29/2025.
• Purchased $100,001 - $250,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.

Palantir Technologies Trading Up 1.5%

Shares of PLTR opened at $182.20 on Friday. Palantir Technologies Inc. has a 12 month low of $26.69 and a 12 month high of $184.48. The firm's 50 day moving average is $144.43 and its 200-day moving average is $114.82. The stock has a market capitalization of $429.98 billion, a PE ratio of 607.35, a P/E/G ratio of 13.07 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $939.29 million. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%. The firm's quarterly revenue was up 48.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.09 earnings per share. Equities research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of recent analyst reports. DA Davidson set a $170.00 price target on Palantir Technologies and gave the stock a "neutral" rating in a research report on Tuesday. Cantor Fitzgerald raised their target price on shares of Palantir Technologies from $110.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday. Piper Sandler set a $182.00 target price on shares of Palantir Technologies in a research report on Tuesday. Mizuho upgraded shares of Palantir Technologies from an "underperform" rating to a "neutral" rating and increased their price target for the stock from $116.00 to $135.00 in a research report on Wednesday, July 16th. Finally, UBS Group reissued a "neutral" rating and issued a $165.00 price objective (up from $110.00) on shares of Palantir Technologies in a research note on Tuesday. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $136.61.

Institutional Investors Weigh In On Palantir Technologies

Several hedge funds have recently modified their holdings of PLTR. Verus Capital Partners LLC increased its holdings in Palantir Technologies by 39.1% in the 2nd quarter. Verus Capital Partners LLC now owns 89,339 shares of the company's stock worth $12,179,000 after purchasing an additional 25,124 shares in the last quarter. STF Management LP grew its holdings in shares of Palantir Technologies by 2.8% during the second quarter. STF Management LP now owns 33,249 shares of the company's stock worth $4,533,000 after purchasing an additional 900 shares during the last quarter. Mayport LLC acquired a new position in shares of Palantir Technologies in the second quarter valued at approximately $213,000. Clarity Wealth Advisors LLC increased its stake in shares of Palantir Technologies by 47.6% in the second quarter. Clarity Wealth Advisors LLC now owns 6,378 shares of the company's stock valued at $869,000 after buying an additional 2,058 shares during the period. Finally, CENTRAL TRUST Co raised its holdings in Palantir Technologies by 13.8% in the 2nd quarter. CENTRAL TRUST Co now owns 8,991 shares of the company's stock valued at $1,226,000 after buying an additional 1,092 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, Director Eric H. Woersching sold 10,214 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $130.95, for a total transaction of $1,337,523.30. Following the sale, the director directly owned 2,348 shares of the company's stock, valued at $307,470.60. The trade was a 81.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the firm's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $139.61, for a total transaction of $111,688.00. Following the transaction, the director directly owned 62,887 shares of the company's stock, valued at $8,779,654.07. The trade was a 1.26% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,515,632 shares of company stock worth $196,472,623 over the last quarter. Insiders own 9.23% of the company's stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

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