Palantir Technologies Inc. $PLTR Shares Sold by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC trimmed its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 23.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 15,292 shares of the company’s stock after selling 4,701 shares during the period. Uniting Wealth Partners LLC’s holdings in Palantir Technologies were worth $1,784,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PLTR. Basepoint Wealth LLC acquired a new stake in shares of Palantir Technologies in the fourth quarter worth $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter worth about $31,000. Wexford Capital LP purchased a new stake in Palantir Technologies during the 3rd quarter worth approximately $36,000. Prudent Man Investment Management Inc. acquired a new stake in Palantir Technologies in the fourth quarter valued at $35,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of Palantir Technologies in the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Trading Up 3.4%

Shares of Palantir Technologies stock opened at $179.94 on Friday. The stock has a 50-day moving average price of $138.90 and a 200 day moving average price of $140.74. The company has a market cap of $432.41 billion, a P/E ratio of 153.79, a P/E/G ratio of 2.46 and a beta of 1.59. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm 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%. The firm’s revenue was up 92.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 earnings per share. On average, equities analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total value 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. The trade was a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at $100,081,780.20. This trade 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. Insiders sold a total of 227,778 shares of company stock worth $30,696,263 in the last three months. 9.53% of the stock is owned by insiders.

Key Headlines Impacting Palantir Technologies

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 topic of several research reports. Roth Capital initiated coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Wednesday, May 6th. BNP Paribas Exane initiated coverage on shares of Palantir Technologies in a report on Tuesday, June 16th. They issued an “underperform” rating for the company. Northland Securities set a $200.00 price target on Palantir Technologies in a research report on Tuesday, August 4th. Finally, Cantor Fitzgerald initiated coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued an “overweight” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Palantir Technologies Company 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.