Palantir Technologies Inc. $PLTR Shares Acquired by Prospect Hill Management LLC

Prospect Hill Management LLC lifted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 123.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,950 shares of the company’s stock after purchasing an additional 5,500 shares during the period. Palantir Technologies makes up about 0.5% of Prospect Hill Management LLC’s holdings, making the stock its 13th biggest position. Prospect Hill Management LLC’s holdings in Palantir Technologies were worth $1,161,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PLTR. Vanguard Group Inc. raised its holdings in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares during the period. State Street Corp boosted its holdings in shares of Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after buying an additional 1,126,418 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after buying an additional 805,047 shares during the period. Norges Bank purchased a new position in shares of Palantir Technologies in the fourth quarter worth approximately $5,149,641,000. Finally, Invesco Ltd. increased its position in shares of Palantir Technologies by 2.8% in the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after acquiring an additional 616,297 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the firm’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 trade represents a 2.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 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 sale, the director directly owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 227,778 shares of company stock worth $30,696,263 over the last ninety days. 9.53% of the stock is currently owned by insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: Strong growth and margins support the bull case: Palantir’s latest quarter featured approximately 93% year-over-year revenue growth, an earnings beat, and expanding margins. Analysts and commentators argue that its rising Rule of 40 score and efficient AI-driven growth could represent a durable structural advantage. Palantir’s Margin Expansion Signals a Structural Growth Advantage
• Positive Sentiment: Enterprise and sovereign AI demand remains a key catalyst: CEO Alex Karp said Palantir could sustain its current growth and margin profile over the next 18 months, while the company’s Sovereignty Bootcamps have attracted nearly 200 organizations. The strong participation suggests growing demand for localized and secure AI deployments. Palantir’s Sovereignty Bootcamps Draw Nearly 200 Organizations in <30 Days
• Positive Sentiment: Momentum and analyst optimism continue: Recent coverage describes improving software-stock outlooks, potential technical breakout conditions, and continued post-earnings momentum. Zacks also added PLTR to its Rank #1 Strong Buy list. Is Palantir Stock About to Breakout?
• Neutral Sentiment: Short-covering may be amplifying the rally: Reports estimate roughly $12 billion in short interest and about $5 billion in short-seller losses, potentially adding technical buying pressure. This can support the stock near term but does not necessarily change the company’s underlying value. Short Sellers Are Losing Big on Palantir — Here’s the Data
• Negative Sentiment: Valuation is the principal risk: With the stock trading at a very high earnings multiple after its sharp advance, skeptics question whether extraordinary growth is already priced in. Some bearish commentary argues that even strong execution may not justify current expectations. Is Palantir Still a Buy After Its 33% Rally Over the Past Month?
• Negative Sentiment: Insider selling adds caution: A Palantir director reportedly sold approximately $2.79 million of shares, reinforcing concerns about valuation and profit-taking after the rally. Palantir Director Offloads $2.79M

Analyst Ratings Changes

Several equities research analysts recently commented on PLTR shares. Mizuho upped their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” 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, August 11th. Argus upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a report on Wednesday, May 6th. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, BTIG Research downgraded Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Palantir Technologies Price Performance

PLTR opened at $173.96 on Friday. The company has a market capitalization of $418.04 billion, a PE ratio of 148.68, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The business has a 50-day moving average of $137.87 and a 200-day moving average of $140.47.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS 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 during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $0.16 EPS. The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal 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.