V. M. Manning & CO. Inc. Makes New Investment in Palantir Technologies Inc. $PLTR

V. M. Manning & CO. Inc. bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the second quarter, HoldingsChannel.com reports. The fund bought 4,620 shares of the company’s stock, valued at approximately $539,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Palantir Technologies in the fourth quarter valued at about $5,149,641,000. Jennison Associates LLC acquired a new stake in shares of Palantir Technologies in the first quarter valued at about $1,574,111,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after buying an additional 7,678,747 shares in the last quarter. State Street Corp raised its holdings in shares of Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after buying an additional 6,777,771 shares during the period. Finally, Cardano Risk Management B.V. lifted its position in Palantir Technologies by 917.4% during the 4th quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock worth $1,170,596,000 after acquiring an additional 5,938,343 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Exceptional Q2 results support the long-term growth narrative. Revenue rose 92.8% year over year to $1.94 billion, exceeding the $1.81 billion consensus estimate, while adjusted earnings of $0.41 per share topped expectations by $0.07. Coverage also highlights accelerating commercial AI demand and strong cash generation. Palantir Q2 2026 Earnings Call Transcript
• Positive Sentiment: Raised guidance and demand visibility remain important catalysts. Palantir increased its outlook again, with analysts estimating the upgrade could add approximately $362 million in second-half revenue. A substantial backlog and expanding U.S. commercial business reinforce expectations that growth may remain elevated. Prediction: Palantir Stock Will Trade at $300 in 2027
• Positive Sentiment: Some analysts believe Palantir’s strategic position justifies its premium. Bullish commentary points to the company’s role in commercial and defense AI, its customizable software platforms, and potential for continued revenue acceleration. Why Palantir’s Strategic Importance Justifies the Premium Valuation
• Neutral Sentiment: Macroeconomic data produced mixed signals. A relatively benign July CPI report supported the broader technology market, but increased expectations for a September Federal Reserve rate hike remain a potential headwind for expensive growth stocks. Tesla, Palantir Fall as CPI Sends September Fed Hike Odds Higher
• Negative Sentiment: Sector rotation is overshadowing company-specific fundamentals. Strong results from AI chip and optical-networking companies encouraged investors to favor infrastructure beneficiaries over software shares, pressuring Palantir and other enterprise software stocks. Palantir Stock Falls as AI Chip Rally Overshadows Strong Q2 Results
• Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at roughly 146 times earnings and about 68 times sales. Jefferies maintained an Underperform rating, warning that the current valuation assumes sustained exceptional growth. Heavy reliance on U.S. demand is another concentration risk. Jefferies Warning on Palantir Valuation
• Negative Sentiment: Prominent investors are taking bearish or profit-taking positions. Michael Burry reportedly added to his Palantir short exposure through long-dated puts, while ARK Invest sold shares after the earnings rally. These moves may increase volatility and reinforce concerns that the stock has become overextended. Michael Burry Adds to Palantir Shorts
• Negative Sentiment: Insider selling adds to investor caution. CTO Shyam Sankar sold approximately $5.45 million of stock under a pre-arranged Rule 10b5-1 plan. The sale is not necessarily a fundamental signal, but it follows a sharp rally and can contribute to profit-taking pressure. SEC Insider Sale Filing

Insider Activity at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This trade represents a 2.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction dated 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 transaction, the director owned 54,107 shares of the company’s stock, 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 90 days, insiders have sold 1,150,302 shares of company stock worth $156,197,565. Company insiders own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

PLTR has been the subject of several recent research reports. William Blair started coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “neutral” rating for the company. Benchmark reissued a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. 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 report on Tuesday, August 4th. President Capital raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $25.50 to $133.00 in a research note on Monday, June 29th. Finally, DA Davidson boosted their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Palantir Technologies Trading Down 2.2%

PLTR stock opened at $171.04 on Thursday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a market capitalization of $410.04 billion, a P/E ratio of 146.19, a PEG ratio of 2.49 and a beta of 1.59. The firm has a 50 day simple moving average of $133.08 and a 200-day simple moving average of $139.85.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 earnings per share. On average, research analysts predict that Palantir Technologies Inc. will post 1.26 EPS for the current year.

Palantir Technologies 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.