Palantir Technologies Inc. $PLTR is Sentinel Trust Co. LBA’s 7th Largest Position

Posted by Stanley Muller on Aug 13th, 2026

Sentinel Trust Co. LBA decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 3.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 276,741 shares of the company’s stock after selling 10,000 shares during the quarter. Palantir Technologies accounts for about 2.9% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 7th largest holding. Sentinel Trust Co. LBA’s holdings in Palantir Technologies were worth $32,287,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of PLTR. Transcend Capital Advisors LLC lifted its stake in Palantir Technologies by 0.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,890,000 after buying an additional 60 shares in the last quarter. Monument Capital Management increased its position in shares of Palantir Technologies by 1.2% in the fourth quarter. Monument Capital Management now owns 5,341 shares of the company’s stock worth $949,000 after acquiring an additional 63 shares in the last quarter. San Luis Wealth Advisors LLC raised its holdings in shares of Palantir Technologies by 1.6% during the fourth quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company’s stock valued at $726,000 after acquiring an additional 63 shares during the period. CYBER HORNET ETFs LLC raised its holdings in shares of Palantir Technologies by 1.2% during the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after acquiring an additional 65 shares during the period. Finally, Verdence Capital Advisors LLC lifted its position in shares of Palantir Technologies by 0.4% in the 4th quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company’s stock valued at $3,124,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. William Blair began coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “neutral” rating for the company. UBS Group set a $215.00 target price on Palantir Technologies in a report on Tuesday. Mizuho raised their target price on Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.19.

Get Our Latest Report on Palantir Technologies

Key Stories Impacting Palantir Technologies

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

Positive Sentiment: Exceptional Q2 results support the long-term growth narrative. Revenue rose 92.8% year over year to $1.94 billion, exceeding the $1.81 billion consensus estimate, while adjusted earnings of $0.41 per share topped expectations by $0.07. Coverage also highlights accelerating commercial AI demand and strong cash generation. Palantir Q2 2026 Earnings Call Transcript
Positive Sentiment: Raised guidance and demand visibility remain important catalysts. Palantir increased its outlook again, with analysts estimating the upgrade could add approximately $362 million in second-half revenue. A substantial backlog and expanding U.S. commercial business reinforce expectations that growth may remain elevated. Prediction: Palantir Stock Will Trade at $300 in 2027
Positive Sentiment: Some analysts believe Palantir’s strategic position justifies its premium. Bullish commentary points to the company’s role in commercial and defense AI, its customizable software platforms, and potential for continued revenue acceleration. Why Palantir’s Strategic Importance Justifies the Premium Valuation
Neutral Sentiment: Macroeconomic data produced mixed signals. A relatively benign July CPI report supported the broader technology market, but increased expectations for a September Federal Reserve rate hike remain a potential headwind for expensive growth stocks. Tesla, Palantir Fall as CPI Sends September Fed Hike Odds Higher
Negative Sentiment: Sector rotation is overshadowing company-specific fundamentals. Strong results from AI chip and optical-networking companies encouraged investors to favor infrastructure beneficiaries over software shares, pressuring Palantir and other enterprise software stocks. Palantir Stock Falls as AI Chip Rally Overshadows Strong Q2 Results
Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at roughly 146 times earnings and about 68 times sales. Jefferies maintained an Underperform rating, warning that the current valuation assumes sustained exceptional growth. Heavy reliance on U.S. demand is another concentration risk. Jefferies Warning on Palantir Valuation
Negative Sentiment: Prominent investors are taking bearish or profit-taking positions. Michael Burry reportedly added to his Palantir short exposure through long-dated puts, while ARK Invest sold shares after the earnings rally. These moves may increase volatility and reinforce concerns that the stock has become overextended. Michael Burry Adds to Palantir Shorts
Negative Sentiment: Insider selling adds to investor caution. CTO Shyam Sankar sold approximately $5.45 million of stock under a pre-arranged Rule 10b5-1 plan. The sale is not necessarily a fundamental signal, but it follows a sharp rally and can contribute to profit-taking pressure. SEC Insider Sale Filing

Palantir Technologies Stock Performance

Shares of PLTR opened at $171.04 on Thursday. The company has a market capitalization of $410.04 billion, a PE ratio of 146.19, a PEG ratio of 2.49 and a beta of 1.59. The company’s 50 day moving average price is $133.08 and its 200 day moving average price is $139.85. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52.

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

Insider Transactions at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction 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 of the company’s stock, valued at approximately $8,927,655. This trade 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 accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Andrew Cohen sold 319,934 shares of the business’s 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 completion of the transaction, the insider owned 592 shares in the company, valued at $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. Insiders have sold a total of 1,150,302 shares of company stock valued at $156,197,565 in the last three months. 9.53% of the stock is currently 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.