Dynamic Advisor Solutions LLC cut its holdings in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 21.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,935 shares of the company’s stock after selling 18,708 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Palantir Technologies were worth $8,159,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Basepoint Wealth LLC acquired a new stake in Palantir Technologies during the fourth quarter worth approximately $29,000. Morton Brown Family Wealth LLC boosted its holdings in shares of Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after buying an additional 125 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Palantir Technologies during the 4th quarter worth approximately $31,000. Clayton Financial Group LLC grew its position in shares of Palantir Technologies by 500.0% during the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the period. Finally, Wexford Capital LP bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at $36,000. 45.65% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Palantir Technologies
In other news, insider Stephen Andrew Cohen sold 319,934 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $43,523,821.36. Following the completion of the sale, the insider directly owned 592 shares of the company’s stock, valued at $80,535.68. This represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $4,550,000.00. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $83,562,180. This represents a 5.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,112,270 shares of company stock valued at $150,247,785. Corporate insiders own 9.53% of the company’s stock.
Palantir Technologies Price Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share 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 company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business posted $0.16 EPS. The firm’s revenue was up 92.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Palantir Technologies Inc. will post 1.19 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on PLTR shares. DA Davidson raised their price target on shares of Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday. DZ Bank assumed coverage on shares of Palantir Technologies in a report on Thursday, April 23rd. They set a “buy” rating and a $175.00 price objective on the stock. Cantor Fitzgerald assumed coverage on shares of Palantir Technologies in a research report on Tuesday. They set an “overweight” rating on the stock. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their target price for the company from $25.50 to $133.00 in a research note on Monday, June 29th. Finally, UBS Group raised Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus price target of $190.73.
Get Our Latest Stock Analysis on PLTR
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Exceptional Q2 growth: Revenue increased 93% year over year to approximately $1.94 billion, surpassing the roughly $1.81 billion consensus estimate. Adjusted EPS of $0.41 also exceeded expectations near $0.34, marking another major earnings beat. Palantir Keeps Beating Estimates, But The Price Keeps Getting Steeper
- Positive Sentiment: Commercial demand is accelerating: U.S. commercial revenue surged 149%, while government revenue rose 90%. Management attributed the momentum to demand for AI sovereignty and tools that allow enterprises to retain control of proprietary data and operations. Palantir jumps on otherworldly commercial revenue
- Positive Sentiment: Higher outlook and profitability: Palantir raised its 2026 revenue, profit and cash-flow guidance. Reports also highlighted an adjusted operating margin of about 62%, approximately $1.22 billion in free cash flow and a 55% GAAP net margin, strengthening the case that growth is translating into substantial earnings and cash generation. Palantir Raises 2026 Guidance
- Positive Sentiment: Analyst support and strategic expansion: Deutsche Bank upgraded PLTR to Buy, while Northland raised its target to $200 and Piper Sandler maintained an Overweight rating with a $230 target. A new partnership with Mercury Systems also aims to automate U.S. defense supply chains, potentially expanding Palantir’s government opportunity. Deutsche Bank upgrades Palantir
- Neutral Sentiment: Technical momentum is strong: The rally pushed PLTR above its 200-day moving average and triggered unusually heavy call-option activity. These signals can support further momentum but may also increase short-term volatility. Palantir breaks above its 200-day moving average
- Negative Sentiment: Valuation remains the key risk: With a market capitalization near $380 billion and a price-to-earnings ratio around 178, investors are paying a steep premium for continued rapid growth. Analysts caution that even excellent results may not be enough if growth or guidance eventually falls short of elevated expectations. Palantir’s blowout quarter creates a valuation question
- Negative Sentiment: Profit-taking and skepticism: Cathie Wood’s ARK sold approximately $6.4 million of PLTR shares after the earnings rally, and investor Michael Burry warned that Palantir and other AI leaders could become overvalued “future ghost towns.” These developments reinforce concerns about a crowded AI trade.
About Palantir Technologies
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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