Royal London Asset Management Ltd. Decreases Position in Palantir Technologies Inc. $PLTR

Royal London Asset Management Ltd. trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,070,132 shares of the company’s stock after selling 8,633 shares during the period. Royal London Asset Management Ltd.’s holdings in Palantir Technologies were worth $124,852,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. BCGM Wealth Management LLC increased its position in Palantir Technologies by 2.0% during the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock worth $374,000 after buying an additional 64 shares in the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of Palantir Technologies by 1.2% in the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after acquiring an additional 65 shares in the last quarter. JDM Financial Group LLC boosted its stake in shares of Palantir Technologies by 20.9% during the second quarter. JDM Financial Group LLC now owns 388 shares of the company’s stock valued at $45,000 after acquiring an additional 67 shares during the last quarter. Financial Partners Group Inc raised its stake in Palantir Technologies by 1.8% in the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock valued at $676,000 after purchasing an additional 68 shares during the last quarter. Finally, LifeSteps Financial Inc. raised its stake in Palantir Technologies by 4.9% in the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company’s stock valued at $217,000 after purchasing an additional 69 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PLTR. Northland Securities set a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Argus upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a report on Wednesday, May 6th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $25.50 to $133.00 in a report on Monday, June 29th. The Goldman Sachs Group restated a “neutral” rating and issued a $204.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, Wedbush assumed coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $192.19.

Palantir Technologies News Summary

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

• Positive Sentiment: Exceptional growth and profitability: Palantir’s Rule of 40 score reportedly reached 155%, supported by approximately 93% revenue growth and a 62% adjusted operating margin. The figures reinforce the bullish view that the company is converting AI demand into both rapid sales expansion and strong cash generation. Palantir’s Rule of 40 Surge Signals Strong AI-Driven Performance
• Positive Sentiment: Defense AI momentum: Palantir’s Maven Smart System is approaching a $1 billion annual revenue run rate, while Pentagon funding and its designation as a program of record could support as much as $2.30 billion over five years. This gives investors greater visibility into a potentially significant government growth engine. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Strong technical and investor interest: PLTR recently broke out to a new high and was added to prominent best-stock and watch lists. Analysts and bullish commentators argue that the sovereign-AI opportunity and Palantir’s execution could justify price targets above current Wall Street estimates. Palantir, Nvidia Among 17 Stocks Rising Onto Best Stock Lists
• Neutral Sentiment: Covered-call strategies are being discussed after the recent rally, reflecting strong demand for PLTR exposure but also investor interest in generating income and potentially limiting downside.
• Negative Sentiment: Valuation remains a major risk: With Palantir trading at roughly 159 times earnings, some value investors view the stock as attractive only at a substantially lower price. Analysts also remain divided over whether its growth can justify the premium valuation. Value Investor Admits Palantir Cheaper Than Expected
• Negative Sentiment: Insider selling and AI concentration concerns: CEO Alexander Karp has sold nearly $86 million of stock, and co-founder Peter Thiel has reduced his stake over time. Separately, investor Steve Eisman warned that AI revenue at major cloud companies is heavily concentrated among OpenAI and Anthropic, raising questions about the durability of AI-related spending and valuations. NVIDIA, Palantir Technologies, and the AI Achilles’ Heel

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $186.29 on Friday. The stock has a 50-day simple moving average of $143.76 and a 200-day simple moving average of $142.05. The stock has a market capitalization of $447.67 billion, a P/E ratio of 159.22, a PEG ratio of 2.63 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 released 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. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm earned $0.16 earnings per share. Palantir Technologies’s revenue for the quarter was up 92.8% on a year-over-year basis. Analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 492,348 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 transaction, the director directly owned 54,107 shares in the company, valued at $8,927,655. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 721,764 shares of company stock worth $117,080,858. Company insiders own 9.53% of the company’s stock.

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.