Qsemble Capital Management LP purchased a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the second quarter, HoldingsChannel reports. The firm purchased 7,901 shares of the company’s stock, valued at approximately $922,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies during the fourth quarter worth $29,000. Ballast Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter worth approximately $29,000. Morton Brown Family Wealth LLC increased its stake in 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 during the period. Cornerstone Financial Management LLC acquired a new stake in Palantir Technologies during the 4th quarter worth approximately $31,000. Finally, Whipplewood Advisors LLC acquired a new stake in Palantir Technologies during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Key Stories Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir’s strong earnings and revenue momentum remain the primary bullish catalysts. The company exceeded quarterly earnings expectations, and analysts and commentators believe continued adoption of its AI software could sustain rapid growth. Palantir Technologies Earnings and Price Momentum
- Positive Sentiment: Articles highlighting Palantir’s real-world efficiency gains and expanding demand for AI software reinforce expectations that its commercial business can continue growing rapidly. Some long-term scenarios see substantial upside if the company maintains strong growth through 2030 and beyond. Palantir AI Software Demand
- Neutral Sentiment: Long-term returns will depend heavily on one factor: how quickly revenue continues to compound. The company may remain a high-quality growth story, but repeating its extraordinary historical stock performance will require sustained execution. Where Palantir Stock Lands in Five Years
- Negative Sentiment: Valuation is the key pressure point. Palantir is described as trading at roughly 74 times sales and about 149–151 times earnings, levels that leave little room for disappointing growth or guidance. Historical comparisons suggest software stocks trading at similar multiples can experience significant declines after investor enthusiasm fades. Palantir Trades at a Historically High Valuation
- Negative Sentiment: Another comparison argues that Palantir appears fully valued relative to other AI software opportunities, while similarly strong companies may offer more attractive valuations. This could encourage profit-taking despite the company’s excellent operating results. AMD and Palantir Buy Sell or Hold Analysis
Insider Transactions at Palantir Technologies
Palantir Technologies Price Performance
Shares of NASDAQ PLTR opened at $172.55 on Tuesday. The company has a market capitalization of $414.65 billion, a price-to-earnings ratio of 147.48, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59. The business has a 50-day moving average of $135.32 and a two-hundred day moving average of $140.01. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the business posted $0.16 EPS. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. As a group, equities research analysts expect that Palantir Technologies Inc. will post 1.26 earnings per share for the current year.
Analyst Ratings Changes
PLTR has been the topic of a number of recent research reports. Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a research report on Tuesday, August 11th. Oppenheimer lowered Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. William Blair began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “neutral” rating on the stock. DZ Bank started coverage on Palantir Technologies in a research report on Thursday, April 23rd. They issued a “buy” rating and a $175.00 price target on the stock. Finally, Phillip Securities lifted their price objective on Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $192.19.
Read Our Latest Stock Report on Palantir Technologies
Palantir Technologies Profile
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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