Integrated Wealth Concepts LLC Acquires 19,340 Shares of Palantir Technologies Inc. $PLTR

Posted by Brenda Bartman on Sep 10th, 2026

Integrated Wealth Concepts LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 185,422 shares of the company’s stock after purchasing an additional 19,340 shares during the period. Integrated Wealth Concepts LLC’s holdings in Palantir Technologies were worth $21,633,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in shares of Palantir Technologies by 18.1% during the 2nd quarter. NewEdge Advisors LLC now owns 548,759 shares of the company’s stock worth $64,024,000 after acquiring an additional 84,071 shares in the last quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in shares of Palantir Technologies in the 2nd quarter valued at approximately $5,021,000. IFP Advisors Inc lifted its holdings in Palantir Technologies by 14.0% in the 2nd quarter. IFP Advisors Inc now owns 92,086 shares of the company’s stock worth $10,744,000 after purchasing an additional 11,312 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Palantir Technologies by 37.7% in the 2nd quarter. Baird Financial Group Inc. now owns 509,631 shares of the company’s stock worth $59,459,000 after purchasing an additional 139,419 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. boosted its position in Palantir Technologies by 9.1% during the second quarter. Sterling Investment Advisors Ltd. now owns 34,002 shares of the company’s stock worth $3,967,000 after purchasing an additional 2,850 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Insider Activity at Palantir Technologies

In other news, Director Lauren Friedman Stat sold 3,032 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the completion of the transaction, the director owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing 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 Jeffrey Buckley sold 2,055 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. The trade was a 3.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 720,027 shares of company stock worth $116,879,340. 9.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on PLTR. Deutsche Bank Aktiengesellschaft upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target on the stock in a report on Tuesday, August 4th. Royal Bank Of Canada restated an “underperform” rating and issued a $90.00 price objective on shares of Palantir Technologies in a research note on Friday, July 31st. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Wolfe Research initiated coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating on the stock. Finally, Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $192.19.

Get Our Latest Analysis on PLTR

Key Palantir Technologies News

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

Positive Sentiment: Sovereign AI partnership expands Palantir’s commercial opportunity. Palantir named Nebius Group its preferred sovereign AI infrastructure partner, combining Palantir’s AIP, Foundry, and Apollo software with Nebius’ dedicated NVIDIA-powered data centers. The arrangement could help customers keep sensitive data and models within national borders while allowing Palantir to scale without making substantial investments in hardware. Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Positive Sentiment: Growth momentum remains a key support. Recent coverage highlights Palantir’s partnerships with PwC, Nvidia, and the U.S. Army, alongside a quarterly revenue increase of 92.8% and an earnings beat. The company’s asset-light model, high margins, and growing demand for enterprise and government AI deployments continue to support the long-term growth narrative. Palantir Stock Continues to Grow on the Back of Enterprise Partnerships
Neutral Sentiment: Jim Cramer compared PLTR with an NFL wide receiver, characterizing it as a high-growth portfolio holding. The endorsement reinforces Palantir’s appeal to growth investors but does not change the company’s fundamentals. Jim Cramer Compares Palantir to an NFL Wide Receiver
Negative Sentiment: Valuation remains the principal overhang. With a price-to-earnings ratio near 145, analysts question whether Palantir’s exceptional growth is already reflected in the stock. Articles also compare PLTR with cheaper AI software alternatives such as Snowflake and cite rating downgrades based on limited near-term catalysts. Palantir: Why Would Anyone Pay Such A Price
Negative Sentiment: ARK Invest reportedly sold approximately $6.5 million to $25 million of Palantir while rotating into other AI-related holdings. Michael Burry also exited December 2026 PLTR puts as part of a broader risk reduction, which removes a bearish position but signals caution toward highly valued technology stocks. Michael Burry Sells Palantir December 2026 Puts

Palantir Technologies Stock Down 0.5%

Shares of PLTR stock opened at $169.53 on Thursday. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The firm has a market cap of $407.39 billion, a PE ratio of 144.90, a price-to-earnings-growth ratio of 2.41 and a beta of 1.62. The stock has a 50 day moving average of $153.34 and a 200-day moving average of $144.41.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies’s quarterly revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the company posted $0.16 earnings per share. As a group, equities analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Palantir Technologies Profile

(Free Report)

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company’s principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.