Mosaic Family Wealth Partners LLC purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,457 shares of the company’s stock, valued at approximately $987,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies in the fourth quarter worth $29,000. Ballast Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter valued at $29,000. Morton Brown Family Wealth LLC boosted its position in Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after buying an additional 125 shares during the period. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies in the 4th quarter worth $31,000. Finally, Whipplewood Advisors LLC bought a new stake in Palantir Technologies in the 1st quarter worth $32,000. Institutional investors own 45.65% of the company’s stock.
Palantir Technologies Price Performance
PLTR stock opened at $175.19 on Thursday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The company has a market cap of $420.99 billion, a P/E ratio of 149.74, a PEG ratio of 2.43 and a beta of 1.59. The firm has a 50-day moving average of $137.01 and a 200 day moving average of $140.27.
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
Analysts Set New Price Targets
A number of equities analysts have issued reports on PLTR shares. BTIG Research cut shares of Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. William Blair assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a “neutral” rating on the stock. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. DZ Bank began coverage on Palantir Technologies in a research report on Thursday, April 23rd. They set a “buy” rating and a $175.00 price target for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Two research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $192.19.
Check Out Our Latest Stock Report on Palantir Technologies
Insider Transactions at Palantir Technologies
In other news, insider Shyam Sankar sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total value of $19,500,000.00. Following the completion of the transaction, the insider owned 599,899 shares in the company, valued at $77,986,870. This trade represents a 20.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $128.80, for a total value of $190,752.80. Following the sale, the insider owned 60,226 shares in the company, valued at $7,757,108.80. This 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. In the last quarter, insiders sold 228,608 shares of company stock valued at $30,810,313. Corporate insiders own 9.53% of the company’s stock.
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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