Palantir Technologies Inc. $PLTR Stake Lifted by Brookstone Capital Management

Brookstone Capital Management boosted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 12.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,257 shares of the company’s stock after buying an additional 19,010 shares during the period. Brookstone Capital Management’s holdings in Palantir Technologies were worth $19,514,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Milestone Asset Management LLC raised its position in Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after buying an additional 42,173 shares during the period. VCI Wealth Management LLC boosted its position in Palantir Technologies by 42.3% during the 4th quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after acquiring an additional 3,621 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new position in Palantir Technologies during the 4th quarter valued at about $222,143,000. Vanguard Group Inc. grew its stake in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after acquiring an additional 1,557,828 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Palantir Technologies by 72.2% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 67,403 shares of the company’s stock valued at $12,113,000 after purchasing an additional 28,256 shares during the period. Institutional investors own 45.65% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s Artificial Intelligence Platform (AIP), boot camps, and forward-deployed engineers are helping convert customers and expand commercial adoption. Analysts point to accelerating revenue growth, improving net dollar retention, and a fiscal-year Rule of 138.6% outlook as evidence that the company remains a leading AI growth story. Palantir: Winning AI Race With AIP and Forward Deployed Engineer Approach
• Positive Sentiment: Commentators continue to highlight Palantir’s strong second-quarter performance, including revenue growth of roughly 93%, an earnings beat, and higher guidance. The results have fueled bullish forecasts and reinforced the view that AIP could materially broaden Palantir’s enterprise customer base. Palantir’s $442 Billion Valuation Faces a Test
• Positive Sentiment: Investor Chamath Palihapitiya identified Palantir as a potential beneficiary of a shift toward model-agnostic AI, since customers may increasingly want software that works across multiple large-language-model providers. Chamath Palihapitiya Sees Palantir As a Potential Winner
• Neutral Sentiment: Palantir is being featured among major beneficiaries of rising demand for AI analytics and infrastructure, alongside Nvidia and Dell. The broader AI trade may support sentiment, although the article does not provide a new company-specific catalyst. Top Big Data Stocks Tapping the Surging Demand for AI Analytics
• Negative Sentiment: Valuation remains the key risk. With Palantir valued at more than $400 billion and trading at a very high earnings multiple, investors need continued exceptional growth for the stock to justify its price. That creates vulnerability to profit-taking even after strong results. Palantir’s $442 Billion Valuation Faces a Test
• Negative Sentiment: ARK Invest sold approximately $7.9 million of Palantir shares while reallocating funds to Cerebras Systems. The sale is modest relative to Palantir’s market value but may add to near-term selling pressure and raise questions about whether some investors are locking in gains. Cathie Wood Sells Palantir Stock After Blowout Earnings

Insiders Place Their Bets

In other news, insider Stephen Andrew Cohen sold 319,934 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider directly owned 592 shares in the company, valued at approximately $80,535.68. The trade was a 99.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,481 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider directly owned 60,226 shares of the company’s stock, valued at $7,757,108.80. This represents a 2.40% 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. In the last ninety days, insiders sold 1,150,302 shares of company stock valued at $156,197,565. 9.53% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

PLTR opened at $174.04 on Friday. The company has a market cap of $418.23 billion, a PE ratio of 148.75, a price-to-earnings-growth ratio of 2.55 and a beta of 1.59. The stock has a 50-day moving average of $134.60 and a 200-day moving average of $140.15. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 30.57% and a net margin of 49.01%.The firm’s revenue was up 92.8% compared to the same quarter last year. During the same period last year, the business earned $0.16 EPS. On average, research analysts predict that Palantir Technologies Inc. will post 1.26 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PLTR. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. The Goldman Sachs Group reiterated a “neutral” rating and issued a $204.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. UBS Group set a $215.00 target price on shares of Palantir Technologies in a research note on Tuesday. Finally, Piper Sandler restated an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.19.

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.