Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 43,040 shares of the company’s stock, valued at approximately $5,021,000.
Several other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in shares of Palantir Technologies during the 4th quarter worth about $450,000. Bison Wealth LLC boosted its stake in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC grew its holdings in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after buying an additional 4,722 shares during the last quarter. Schnieders Capital Management LLC. increased its position in Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after acquiring an additional 1,694 shares during the period. Finally, Vivaldi Capital Management LP acquired a new stake in Palantir Technologies in the 2nd quarter worth $315,000. Institutional investors own 45.65% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on PLTR. DZ Bank started 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. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Wednesday, May 6th. Benchmark reissued a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. Needham & Company LLC set a $215.00 price target on Palantir Technologies in a research note on Tuesday, August 11th. Finally, Wedbush initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an “outperform” rating for the company. Two investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $192.19.
Palantir Technologies News Roundup
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir’s latest quarterly results remain the primary bullish catalyst. Revenue increased roughly 93% year over year to $1.94 billion, while earnings exceeded analyst expectations, reinforcing confidence in demand for its AI software platforms. Q2 Earnings Season Standout Performers: PLTR, MSFT
- Positive Sentiment: Several bullish commentaries argue that Pentagon AI spending and continued commercial expansion could support further gains. One valuation analysis estimates the shares may still be modestly undervalued if defense-related momentum persists, while other analysts have upgraded their outlook after the strong earnings report. Palantir Stock May Be 9% Undervalued on Pentagon AI Momentum
- Neutral Sentiment: Long-term articles focus on whether Palantir can become a trillion-dollar company. That outcome would require the company to sustain very high growth for years, expand its customer base, and convert AI enthusiasm into durable profits; these are possibilities rather than near-term catalysts. Is Palantir the Next Trillion-Dollar Stock?
- Negative Sentiment: Valuation is the key headwind. Palantir is trading at extremely elevated earnings and sales multiples, prompting comparisons with software stocks that later experienced sharp corrections after reaching similar levels. Higher Treasury yields also make expensive, long-duration growth stocks less attractive. Palantir Trades at 74x Sales
- Negative Sentiment: Investor Michael Burry has reportedly renewed bearish put positions, citing Palantir’s valuation and stock-based compensation. Although this does not change the company’s fundamentals, it adds visibility to the bear case and may encourage profit-taking after the stock’s strong run. Michael Burry Is Betting Against Palantir Again
Insiders Place Their Bets
In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00. Following the sale, the director directly owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 150,000 shares of the company’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 $19,500,000.00. Following the completion of the sale, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. This represents a 20.00% decrease in their ownership of the stock. 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. Insiders sold a total of 228,608 shares of company stock worth $30,810,313 over the last quarter. Company insiders own 9.53% of the company’s stock.
Palantir Technologies Stock Performance
Shares of PLTR stock opened at $171.54 on Wednesday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The stock has a market cap of $412.22 billion, a price-to-earnings ratio of 146.62, a P/E/G ratio of 2.48 and a beta of 1.59. The firm has a fifty day moving average of $136.11 and a 200-day moving average of $140.11.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s revenue was up 92.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. On average, sell-side analysts predict that Palantir Technologies Inc. will post 1.26 earnings per share for the current year.
Palantir Technologies Company 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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