Integrity Financial Corp WA Takes $288,000 Position in Palantir Technologies Inc. $PLTR

Integrity Financial Corp WA acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 2,114 shares of the company’s stock, valued at approximately $288,000.

Several other hedge funds and other institutional investors have also modified their holdings of PLTR. Kingstone Capital Partners Texas LLC acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at about $2,543,888,000. Nuveen LLC acquired a new position in Palantir Technologies during the 1st quarter worth approximately $520,232,000. Price T Rowe Associates Inc. MD lifted its position in Palantir Technologies by 55.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,346,061 shares of the company’s stock worth $1,126,408,000 after acquiring an additional 4,748,513 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Palantir Technologies by 38.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,180,154 shares of the company’s stock worth $1,281,205,000 after acquiring an additional 4,221,392 shares in the last quarter. Finally, Amundi lifted its position in Palantir Technologies by 56.1% during the 1st quarter. Amundi now owns 10,620,301 shares of the company’s stock worth $887,857,000 after acquiring an additional 3,815,386 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $158.35, for a total transaction of $5,708,200.80. Following the sale, the insider directly owned 307,470 shares in the company, valued at $48,687,874.50. The trade was a 10.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shyam Sankar sold 30,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $159.55, for a total value of $4,786,500.00. Following the sale, the insider owned 702,786 shares in the company, valued at $112,129,506.30. This represents a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,557,750 shares of company stock worth $239,713,896 over the last ninety days. Company insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Up 3.0%

PLTR stock opened at $200.47 on Friday. Palantir Technologies Inc. has a 52-week low of $40.90 and a 52-week high of $204.18. The stock’s 50 day moving average is $174.75 and its two-hundred day moving average is $150.78. The company has a market capitalization of $475.58 billion, a PE ratio of 668.26, a P/E/G ratio of 10.87 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $939.29 million. During the same period in the previous year, the business earned $0.09 EPS. Palantir Technologies’s revenue for the quarter was up 48.0% compared to the same quarter last year. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “sell” rating to a “hold” rating and boosted their price target for the stock from $80.00 to $160.00 in a research report on Tuesday, August 5th. Piper Sandler boosted their price target on Palantir Technologies from $182.00 to $201.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Morgan Stanley set a $155.00 price target on Palantir Technologies and gave the stock an “equal weight” rating in a research report on Tuesday, August 5th. Royal Bank Of Canada reissued an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday. Finally, Mizuho set a $165.00 price target on Palantir Technologies in a research report on Monday, September 15th. Five equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $142.00.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.