Palantir Technologies Inc. $PLTR Shares Sold by Union Bancaire Privee UBP SA

Posted by Brenda Bartman on Aug 15th, 2026

Union Bancaire Privee UBP SA decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 13.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 240,260 shares of the company’s stock after selling 36,994 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Palantir Technologies were worth $28,031,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PLTR. Milestone Asset Management LLC grew its holdings in Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock worth $10,763,000 after acquiring an additional 42,173 shares during the period. VCI Wealth Management LLC lifted its holdings in Palantir Technologies by 42.3% in the 4th quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock valued at $2,166,000 after acquiring an additional 3,621 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in Palantir Technologies in the 4th quarter valued at about $222,143,000. Vanguard Group Inc. boosted its position in shares of Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of Palantir Technologies by 72.2% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 67,403 shares of the company’s stock valued at $12,113,000 after purchasing an additional 28,256 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on PLTR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Palantir Technologies in a report on Friday, July 24th. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $25.50 to $133.00 in a research report on Monday, June 29th. Finally, BTIG Research downgraded Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $192.19.

Read Our Latest Research Report on PLTR

Palantir Technologies Stock Down 2.8%

Shares of Palantir Technologies stock opened at $174.04 on Friday. The stock has a market cap of $417.23 billion, a PE ratio of 148.75, a price-to-earnings-growth ratio of 2.55 and a beta of 1.59. The business has a fifty day simple moving average of $134.60 and a 200-day simple moving average of $140.15. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.Palantir Technologies’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 earnings per share. Analysts expect that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

More Palantir Technologies News

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

Positive Sentiment: Palantir’s Artificial Intelligence Platform (AIP), boot camps, and forward-deployed engineers are helping convert customers and expand commercial adoption. Analysts point to accelerating revenue growth, improving net dollar retention, and a fiscal-year Rule of 138.6% outlook as evidence that the company remains a leading AI growth story. Palantir: Winning AI Race With AIP and Forward Deployed Engineer Approach
Positive Sentiment: Commentators continue to highlight Palantir’s strong second-quarter performance, including revenue growth of roughly 93%, an earnings beat, and higher guidance. The results have fueled bullish forecasts and reinforced the view that AIP could materially broaden Palantir’s enterprise customer base. Palantir’s $442 Billion Valuation Faces a Test
Positive Sentiment: Investor Chamath Palihapitiya identified Palantir as a potential beneficiary of a shift toward model-agnostic AI, since customers may increasingly want software that works across multiple large-language-model providers. Chamath Palihapitiya Sees Palantir As a Potential Winner
Neutral Sentiment: Palantir is being featured among major beneficiaries of rising demand for AI analytics and infrastructure, alongside Nvidia and Dell. The broader AI trade may support sentiment, although the article does not provide a new company-specific catalyst. Top Big Data Stocks Tapping the Surging Demand for AI Analytics
Negative Sentiment: Valuation remains the key risk. With Palantir valued at more than $400 billion and trading at a very high earnings multiple, investors need continued exceptional growth for the stock to justify its price. That creates vulnerability to profit-taking even after strong results. Palantir’s $442 Billion Valuation Faces a Test
Negative Sentiment: ARK Invest sold approximately $7.9 million of Palantir shares while reallocating funds to Cerebras Systems. The sale is modest relative to Palantir’s market value but may add to near-term selling pressure and raise questions about whether some investors are locking in gains. Cathie Wood Sells Palantir Stock After Blowout Earnings

Insiders Place Their Bets

In other Palantir Technologies news, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the transaction, the insider 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Andrew Cohen sold 319,934 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider directly owned 592 shares in the company, valued at approximately $80,535.68. This trade represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,150,302 shares of company stock valued at $156,197,565. 9.53% of the stock is owned by insiders.

About Palantir Technologies

(Free Report)

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.