Mitsubishi UFJ Trust & Banking Corp Increases Position in Palantir Technologies Inc. $PLTR

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 13.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,205,529 shares of the company’s stock after acquiring an additional 147,408 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Palantir Technologies were worth $140,649,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. WIM INVESTMENT MANAGEMENT Ltd grew its stake in Palantir Technologies by 49.9% in the second quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 37,530 shares of the company’s stock worth $4,379,000 after purchasing an additional 12,500 shares in the last quarter. Cornerstone Select Advisors LLC grew its stake in Palantir Technologies by 37.6% in the second quarter. Cornerstone Select Advisors LLC now owns 29,272 shares of the company’s stock valued at $3,415,000 after purchasing an additional 8,003 shares during the last quarter. Moran Wealth Management LLC grew its position in shares of Palantir Technologies by 375.3% in the 2nd quarter. Moran Wealth Management LLC now owns 18,381 shares of the company’s stock worth $2,145,000 after buying an additional 14,514 shares during the last quarter. Spirepoint Private Client LLC grew its holdings in Palantir Technologies by 0.9% in the second quarter. Spirepoint Private Client LLC now owns 208,372 shares of the company’s stock worth $24,311,000 after purchasing an additional 1,783 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC acquired a new position in Palantir Technologies during the 2nd quarter valued at about $987,000. 45.65% of the stock is currently owned by institutional investors.

Key Stories Impacting Palantir Technologies

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

  • Positive Sentiment: Enterprise demand remains a key catalyst. Recent coverage highlights growing adoption of Palantir’s artificial-intelligence software, while CEO Alex Karp said demand for sovereign AI could allow the company to sustain its current margins and rapid revenue growth over the next 18 months. Palantir Stock Climbs as Enterprise AI Demand Keeps Growing
  • Positive Sentiment: Palantir’s Sovereignty Bootcamps are attracting nearly 200 organizations across two events in less than 30 days. The company said the programs are helping accelerate onboarding of new customers, supporting its government and enterprise growth story. Palantir’s Sovereignty Bootcamps Draw Nearly 200 Organizations in 30 Days
  • Positive Sentiment: Investor enthusiasm is being reinforced by Palantir’s latest results: revenue rose 92.8% year over year to $1.94 billion, exceeding estimates, while adjusted earnings also beat expectations. Analysts and Zacks subsequently issued favorable commentary, including a Rank #1 Strong Buy designation. New Strong Buy Stocks for August 19th
  • Positive Sentiment: Short sellers are facing substantial losses as Palantir’s rally continues. Reports estimate roughly $12 billion in short interest and about $5 billion in mark-to-market losses, creating the potential for additional buying from traders covering bearish positions. Short Sellers Are Losing Big on Palantir — Here’s the Data
  • Neutral Sentiment: Palantir’s AI outlook has attracted sharply divided opinions. Bullish analysts see a long runway in defense, government and enterprise software, while others argue the stock must deliver exceptional growth to justify its current valuation. Palantir Technologies: What Could Shift Its AI Story?
  • Negative Sentiment: Valuation remains the primary downside concern. With a price-to-earnings ratio near 150 and strong recent gains, skeptics question whether revenue growth and the 2026 outlook are already reflected in the share price. Is Palantir Technologies Overvalued?
  • Negative Sentiment: Michael Burry has renewed his bearish position using put options, citing valuation and stock-based compensation concerns. Higher Treasury yields also pose a broader risk to richly valued growth stocks. Michael Burry Is Betting Against Palantir Again

Palantir Technologies Stock Up 2.1%

Shares of Palantir Technologies stock opened at $175.19 on Thursday. The company has a 50 day moving average of $137.01 and a 200 day moving average of $140.27. The company has a market capitalization of $420.99 billion, a P/E ratio of 149.74, a P/E/G ratio of 2.43 and a beta of 1.59. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The company 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 prior year, the firm posted $0.16 earnings per share. As a group, research analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PLTR has been the subject of a number of research analyst reports. President Capital raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $25.50 to $133.00 in a report on Monday, June 29th. 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. UBS Group set a $215.00 price target on Palantir Technologies in a research report on Tuesday, August 11th. The Goldman Sachs Group restated a “neutral” rating and set a $204.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, DA Davidson increased their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Two equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Get Our Latest Stock Report on Palantir Technologies

Insider Activity

In other news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company’s 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 completion of the sale, the director owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider owned 60,226 shares in the company, valued at approximately $7,757,108.80. This trade represents a 2.40% 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. Over the last 90 days, insiders have sold 228,608 shares of company stock valued at $30,810,313. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Company Profile

(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.

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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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