Public Employees Retirement System of Ohio Decreases Holdings in Palantir Technologies Inc. $PLTR

Public Employees Retirement System of Ohio lowered its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 849,121 shares of the company’s stock after selling 44,975 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Palantir Technologies were worth $99,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Strive Financial Group LLC raised its stake in shares of Palantir Technologies by 193.1% during the second quarter. Strive Financial Group LLC now owns 5,820 shares of the company’s stock worth $679,000 after acquiring an additional 3,834 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at $1,074,000. Palogic Value Management L.P. purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at $583,000. Perennial Investment Advisors LLC grew its holdings in shares of Palantir Technologies by 13.9% during the 2nd quarter. Perennial Investment Advisors LLC now owns 47,089 shares of the company’s stock valued at $5,494,000 after purchasing an additional 5,748 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of Palantir Technologies by 1.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 61,832 shares of the company’s stock valued at $7,214,000 after purchasing an additional 1,068 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: Maven is emerging as a major growth catalyst. Palantir’s Maven Smart System is reportedly approaching a $1 billion annual revenue run rate, supported by a $244 million Pentagon funding increase through March 2027. Its designation as a program of record could provide access to as much as $2.3 billion in funding over five years. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Operating metrics remain unusually strong. A report highlighted Palantir’s 155% second-quarter fiscal 2026 Rule of 40 score—revenue growth plus adjusted operating margin—far above the 40% benchmark commonly used for healthy software companies. This reinforces the bullish case for buying on pullbacks. This 1 Number Proves Why You Should Buy Palantir on Every Dip
• Positive Sentiment: Recent earnings and guidance upgrades continue to support sentiment. Palantir reported better-than-expected quarterly results, raised full-year revenue guidance and continues to benefit from expansion across its government and commercial platforms. How Pentagon Maven Deal And Raised Guidance Changed Palantir’s Investment Story
• Positive Sentiment: Analyst support is adding momentum. William Blair maintained a Buy rating, citing Maven’s path toward $1 billion in annual recurring revenue and favorable defense-spending trends. Palantir Earns Buy Rating as Maven Nears Billion-Dollar Status
• Neutral Sentiment: Analysts remain divided. While some see further upside from AI and defense demand, others question whether the stock’s recent rally is fully supported by new information, since many contracts and growth trends were already public. Analysts Conflicted on Palantir and Intuit
• Negative Sentiment: Insider selling remains a risk. CEO Alexander Karp sold nearly $86 million of shares, while co-founder Peter Thiel has reduced his stake over time. These sales may pressure sentiment even though Thiel remains a major shareholder. Palantir CEO Alexander Karp Sells $86 Million in Stock
• Negative Sentiment: Valuation leaves little room for disappointment. Commentators note that Palantir trades at demanding earnings and sales multiples; investor Michael Burry has reportedly added to a PLTR short position. Michael Burry Adds to Palantir Short Position

Insider Transactions at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’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 sale, the director owned 54,107 shares of the company’s stock, valued at $8,927,655. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 150,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total transaction of $19,500,000.00. Following the completion of the sale, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 721,764 shares of company stock worth $117,080,858. Corporate insiders own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

PLTR has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Tuesday, August 4th. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Wednesday, May 6th. Roth Capital began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating for the company. Mizuho raised their price target 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, Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a research note 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and an average price target of $192.19.

Palantir Technologies Price Performance

PLTR stock opened at $185.93 on Friday. 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 $446.80 billion, a P/E ratio of 158.91, a PEG ratio of 2.51 and a beta of 1.59. The firm has a 50-day moving average of $142.60 and a 200 day moving average of $141.74.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the firm posted $0.16 EPS. The business’s revenue was up 92.8% on a year-over-year basis. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

About Palantir Technologies

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.