Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Takes $14.81 Million Position in Palantir Technologies Inc. $PLTR

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 126,960 shares of the company’s stock, valued at approximately $14,812,000.

Several other large investors also recently modified their holdings of PLTR. 111 Capital raised its stake in Palantir Technologies by 12.4% during the second quarter. 111 Capital now owns 32,054 shares of the company’s stock worth $3,740,000 after buying an additional 3,544 shares during the last quarter. Glynn Capital Management LLC boosted its position in Palantir Technologies by 15.1% during the second quarter. Glynn Capital Management LLC now owns 68,776 shares of the company’s stock valued at $8,024,000 after acquiring an additional 9,011 shares during the last quarter. Golden Reserve Retirement LLC boosted its position in Palantir Technologies by 57.8% during the second quarter. Golden Reserve Retirement LLC now owns 4,202 shares of the company’s stock valued at $490,000 after acquiring an additional 1,539 shares during the last quarter. 71 West Capital Partners grew its holdings in Palantir Technologies by 10.5% during the 2nd quarter. 71 West Capital Partners now owns 37,126 shares of the company’s stock worth $4,331,000 after acquiring an additional 3,521 shares during the period. Finally, Fagan Associates Inc. grew its holdings in Palantir Technologies by 4.3% during the 2nd quarter. Fagan Associates Inc. now owns 131,408 shares of the company’s stock worth $15,331,000 after acquiring an additional 5,428 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Phillip Securities lifted their price objective on Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. Cantor Fitzgerald started coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set an “overweight” rating on the stock. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. William Blair initiated coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “neutral” rating for the company. Finally, BNP Paribas Exane assumed coverage on Palantir Technologies in a research note on Tuesday, June 16th. They issued an “underperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Palantir Technologies Trading Down 0.6%

PLTR opened at $171.54 on Wednesday. The company has a fifty day moving average price of $136.11 and a two-hundred day moving average price of $140.11. 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 $412.22 billion, a P/E ratio of 146.62, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59.

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 analysts’ consensus estimates of $0.34 by $0.07. The company 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 business’s revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,481 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $7,757,108.80. This represents a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the completion of 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 90 days, insiders sold 228,608 shares of company stock worth $30,810,313. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies News Summary

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

• Positive Sentiment: Palantir’s latest quarterly results remain the primary bullish catalyst. Revenue increased roughly 93% year over year to $1.94 billion, while earnings exceeded analyst expectations, reinforcing confidence in demand for its AI software platforms. Q2 Earnings Season Standout Performers: PLTR, MSFT
• Positive Sentiment: Several bullish commentaries argue that Pentagon AI spending and continued commercial expansion could support further gains. One valuation analysis estimates the shares may still be modestly undervalued if defense-related momentum persists, while other analysts have upgraded their outlook after the strong earnings report. Palantir Stock May Be 9% Undervalued on Pentagon AI Momentum
• Neutral Sentiment: Long-term articles focus on whether Palantir can become a trillion-dollar company. That outcome would require the company to sustain very high growth for years, expand its customer base, and convert AI enthusiasm into durable profits; these are possibilities rather than near-term catalysts. Is Palantir the Next Trillion-Dollar Stock?
• Negative Sentiment: Valuation is the key headwind. Palantir is trading at extremely elevated earnings and sales multiples, prompting comparisons with software stocks that later experienced sharp corrections after reaching similar levels. Higher Treasury yields also make expensive, long-duration growth stocks less attractive. Palantir Trades at 74x Sales
• Negative Sentiment: Investor Michael Burry has reportedly renewed bearish put positions, citing Palantir’s valuation and stock-based compensation. Although this does not change the company’s fundamentals, it adds visibility to the bear case and may encourage profit-taking after the stock’s strong run. Michael Burry Is Betting Against Palantir Again

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.