Palantir Technologies (NASDAQ:PLTR) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased shares of Palantir Technologies Inc. (NASDAQ:PLTR), between $1,001 and $15,000, on June 17th.
• Palantir recently reported a 48.0% revenue increase year-over-year, with earnings per share of $0.16, exceeding estimates.
• Insider selling activity has occurred, with significant transactions from insiders such as Ryan D. Taylor and Shyam Sankar, indicating a decrease in their stock positions.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Palantir Technologies Inc. NASDAQ: PLTR. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Palantir Technologies Stock Up 1.6%

Shares of NASDAQ:PLTR traded up $2.56 during trading on Friday, reaching $158.74. 101,782,072 shares of the company's stock traded hands, compared to its average volume of 77,128,816. Palantir Technologies Inc. has a fifty-two week low of $29.31 and a fifty-two week high of $190.00. The firm has a market cap of $376.59 billion, a PE ratio of 529.15, a P/E/G ratio of 8.80 and a beta of 2.60. The company has a 50-day simple moving average of $153.61 and a 200-day simple moving average of $121.77.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The firm had revenue of $1 billion for the quarter, compared to analysts' expectations of $939.29 million. During the same period last year, the firm earned $0.09 EPS. The company's quarterly revenue was up 48.0% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on PLTR shares. Loop Capital raised their target price on Palantir Technologies from $178.00 to $180.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Royal Bank Of Canada raised their price target on shares of Palantir Technologies from $40.00 to $45.00 and gave the company an "underperform" rating in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Palantir Technologies from a "sell" rating to a "hold" rating and raised their price target for the company from $80.00 to $160.00 in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Palantir Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, DA Davidson set a $170.00 target price on shares of Palantir Technologies and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies presently has an average rating of "Hold" and a consensus target price of $136.61.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Revolve Wealth Partners LLC acquired a new position in shares of Palantir Technologies in the fourth quarter worth $450,000. Townsquare Capital LLC grew its stake in shares of Palantir Technologies by 29.3% in the fourth quarter. Townsquare Capital LLC now owns 49,157 shares of the company's stock worth $3,718,000 after acquiring an additional 11,151 shares in the last quarter. Synovus Financial Corp grew its stake in shares of Palantir Technologies by 16.4% in the fourth quarter. Synovus Financial Corp now owns 20,830 shares of the company's stock worth $1,575,000 after acquiring an additional 2,932 shares in the last quarter. SageView Advisory Group LLC acquired a new position in shares of Palantir Technologies in the fourth quarter worth $459,000. Finally, Mariner LLC grew its stake in shares of Palantir Technologies by 22.1% in the fourth quarter. Mariner LLC now owns 610,598 shares of the company's stock worth $46,181,000 after acquiring an additional 110,419 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 191,720 shares of the business's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $151.37, for a total value of $29,020,656.40. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $89,611.04. The trade was a 99.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Alexander C. Karp sold 222,878 shares of the business's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $151.37, for a total transaction of $33,737,042.86. Following the completion of the transaction, the insider owned 6,432,258 shares of the company's stock, valued at approximately $973,650,893.46. This trade represents a 3.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,906,783 shares of company stock worth $282,471,442. 9.23% of the stock is currently owned by insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Palantir Technologies

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.