Palantir Technologies Inc. $PLTR Shares Sold by Disciplined Equity Management Inc.

Disciplined Equity Management Inc. lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 1.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,140 shares of the company’s stock after selling 120 shares during the period. Palantir Technologies makes up approximately 0.7% of Disciplined Equity Management Inc.’s portfolio, making the stock its 22nd largest position. Disciplined Equity Management Inc.’s holdings in Palantir Technologies were worth $1,246,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PLTR. Kingstone Capital Partners Texas LLC acquired a new stake in Palantir Technologies during the second quarter worth $2,543,888,000. Nuveen LLC purchased a new position in shares of Palantir Technologies during the 1st quarter worth $520,232,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Palantir Technologies by 55.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,346,061 shares of the company’s stock worth $1,126,408,000 after purchasing an additional 4,748,513 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Palantir Technologies by 38.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,180,154 shares of the company’s stock worth $1,281,205,000 after purchasing an additional 4,221,392 shares during the last quarter. Finally, Amundi raised its holdings in Palantir Technologies by 56.1% in the 1st quarter. Amundi now owns 10,620,301 shares of the company’s stock valued at $887,857,000 after buying an additional 3,815,386 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insiders Place Their Bets

In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $158.35, for a total transaction of $5,708,200.80. Following the sale, the insider owned 307,470 shares in the company, valued at $48,687,874.50. This represents a 10.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $186.39, for a total value of $149,112.00. Following the completion of the sale, the director directly owned 62,087 shares in the company, valued at $11,572,395.93. This represents a 1.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,557,750 shares of company stock valued at $239,713,896. 12.93% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $179.74 on Wednesday. The firm has a market cap of $426.40 billion, a price-to-earnings ratio of 599.15, a PEG ratio of 9.61 and a beta of 2.60. The firm has a 50 day simple moving average of $171.78 and a 200-day simple moving average of $141.31. Palantir Technologies Inc. has a one year low of $40.36 and a one year high of $190.00.

Palantir Technologies (NASDAQ:PLTR) last released its 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. Palantir Technologies had a net margin of 22.18% and a return on equity of 10.75%. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $939.29 million. During the same period in the prior year, the business earned $0.09 EPS. The firm’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. Equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

PLTR has been the subject of several research analyst reports. Piper Sandler increased their target price on shares of Palantir Technologies from $182.00 to $201.00 and gave the stock an “overweight” rating in a research note on Tuesday. Morgan Stanley set a $155.00 price target on shares of Palantir Technologies and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Wedbush set a $200.00 price objective on shares of Palantir Technologies and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Citigroup reiterated a “neutral” rating and issued a $177.00 target price (up previously from $158.00) on shares of Palantir Technologies in a report on Tuesday, August 5th. Finally, The Goldman Sachs Group boosted their target price on Palantir Technologies from $90.00 to $141.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Five research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $141.28.

Palantir Technologies 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.