Palantir Technologies Inc. $PLTR Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,366 shares of the company’s stock after selling 3,496 shares during the period. TD Waterhouse Canada Inc.’s holdings in Palantir Technologies were worth $15,657,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings in Palantir Technologies by 1.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 201,740 shares of the company’s stock valued at $23,537,000 after acquiring an additional 3,038 shares in the last quarter. NEOS Investment Management LLC lifted its holdings in shares of Palantir Technologies by 10.6% in the second quarter. NEOS Investment Management LLC now owns 1,755,494 shares of the company’s stock valued at $204,813,000 after purchasing an additional 167,545 shares in the last quarter. Burford Brothers Inc. grew its position in shares of Palantir Technologies by 2.0% in the second quarter. Burford Brothers Inc. now owns 4,360 shares of the company’s stock valued at $509,000 after purchasing an additional 84 shares during the last quarter. Fortune 45 LLC increased its stake in shares of Palantir Technologies by 12.5% during the 2nd quarter. Fortune 45 LLC now owns 5,841 shares of the company’s stock worth $681,000 after purchasing an additional 647 shares in the last quarter. Finally, High Net Worth Advisory Group LLC purchased a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $214,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PLTR. Mizuho upped their target price on Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Citigroup downgraded Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. Roth Capital assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Benchmark restated a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, Northland Securities set a $200.00 price objective on Palantir Technologies in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $192.19.

Palantir Technologies Stock Down 4.5%

Shares of Palantir Technologies stock opened at $174.33 on Friday. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The firm has a market cap of $418.93 billion, a PE ratio of 149.00, a P/E/G ratio of 2.58 and a beta of 1.62. The business’s fifty day moving average is $150.22 and its two-hundred day moving average is $143.55.

Palantir Technologies (NASDAQ:PLTR) last posted 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. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The business’s revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.16 earnings per share. Equities research analysts anticipate that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Palantir Technologies News Summary

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock?

Insiders Place Their Bets

In other Palantir Technologies news, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $155.70, for a total value of $5,449,500.00. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of Palantir Technologies stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders sold a total of 721,508 shares of company stock valued at $117,070,093 in the last quarter. Corporate insiders own 9.53% of the company’s stock.

About Palantir Technologies

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.