Plato Investment Management Ltd Trims Stock Holdings in Palantir Technologies Inc. $PLTR

Posted by George Bondi on Aug 22nd, 2026

Plato Investment Management Ltd reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 6.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 52,991 shares of the company’s stock after selling 3,834 shares during the quarter. Plato Investment Management Ltd’s holdings in Palantir Technologies were worth $6,146,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Basepoint Wealth LLC acquired a new stake in Palantir Technologies during the 4th quarter worth $29,000. Cornerstone Financial Management LLC acquired a new position in Palantir Technologies in the fourth quarter valued at $31,000. Wexford Capital LP acquired a new position in Palantir Technologies in the third quarter valued at $36,000. Prudent Man Investment Management Inc. acquired a new position in Palantir Technologies in the fourth quarter valued at $35,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of Palantir Technologies in the fourth quarter valued at about $36,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Palantir Technologies News

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

Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry’s Put Buys Should Not Deter Retail Investors
Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

Analysts Set New Price Targets

PLTR has been the subject of several recent research reports. Phillip Securities increased their target price on shares of Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. BNP Paribas Exane assumed coverage on Palantir Technologies in a research report on Tuesday, June 16th. They issued an “underperform” rating on the stock. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Tuesday, August 4th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research note on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Read Our Latest Stock Analysis on PLTR

Palantir Technologies Stock Performance

PLTR stock opened at $179.94 on Friday. The stock has a market capitalization of $432.41 billion, a PE ratio of 153.79, a price-to-earnings-growth ratio of 2.46 and a beta of 1.59. The company has a fifty day moving average of $138.90 and a 200-day moving average of $140.74. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly 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. 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 business’s revenue was up 92.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. Equities analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the completion of the transaction, the insider directly owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This represents a 2.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 227,778 shares of company stock valued at $30,696,263. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies 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.