Doliver Advisors LP Makes New Investment in Palantir Technologies Inc. $PLTR

Doliver Advisors LP purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,719 shares of the company’s stock, valued at approximately $1,070,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC acquired a new position in Palantir Technologies in the 1st quarter worth approximately $1,574,111,000. Arrowstreet Capital Limited Partnership lifted its stake in Palantir Technologies by 277.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after acquiring an additional 7,678,747 shares in the last quarter. Cardano Risk Management B.V. grew its stake 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 valued at $1,170,596,000 after acquiring an additional 5,938,343 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Palantir Technologies by 1,449.7% in the fourth quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company’s stock worth $937,205,000 after purchasing an additional 4,932,364 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Palantir Technologies by 28.7% during the first quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after purchasing an additional 4,201,852 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir is being highlighted as a potential long-term AI beneficiary. Analysts and financial commentators point to growing demand for its model-agnostic Artificial Intelligence Platform (AIP), expanding use of data tools across industries and the potential for continued revenue growth. Where Will Palantir Stock Be in 5 Years?
• Positive Sentiment: Technical commentary is also supportive: Palantir has rebuilt an uptrend after a major prior pullback, and one forecast identifies potential upside toward $207–$242 if the stock holds above a recent higher low. Palantir Stock Forecast: Weekly Breakout Puts $242 in Focus
• Positive Sentiment: Palantir’s partnership with Surf Air Mobility is reportedly accelerating the commercialization of aviation software products, while Surf Air added another OperatorOS customer. The development provides a tangible example of potential commercial adoption beyond Palantir’s government business. Surf Air Mobility Adds New OperatorOS Customer
• Neutral Sentiment: Reports that Anthropic is adopting a founder-control voting structure similar to Palantir’s governance model have renewed attention on Palantir’s corporate structure, but do not directly affect earnings.
• Neutral Sentiment: Palantir CEO Alex Karp’s reported purchase of roughly 37,000 acres of Swedish forest for about $22 million is unrelated to the company’s operating performance and is unlikely to materially affect valuation. Palantir CEO Alex Karp purchased Swedish forestland
• Negative Sentiment: Michael Burry has reportedly increased his Palantir short position because of accounting and valuation concerns. With a market capitalization near $457 billion and a very elevated earnings multiple, the stock is vulnerable if growth slows or investor enthusiasm for AI fades. What Michael Burry Sees in His Palantir Short
• Negative Sentiment: More than 44,000 people have reportedly filed legal objections to Palantir’s NHS data platform, adding reputational, regulatory and contract-execution risk. Legal objections to Palantir NHS platform

Insiders Place Their Bets

In other news, insider Shyam Sankar sold 35,000 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider owned 642,786 shares in the company, valued at approximately $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the transaction, the director directly owned 54,107 shares of the company’s stock, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 535,027 shares of company stock worth $92,829,340 in the last three months. Company insiders own 9.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PLTR shares. Benchmark restated a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. BTIG Research downgraded shares of Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued an “overweight” rating for the company. Finally, President Capital raised Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $195.33.

Palantir Technologies Trading Up 1.6%

PLTR traded up $2.99 during midday trading on Thursday, reaching $190.04. The company’s stock had a trading volume of 17,826,946 shares, compared to its average volume of 43,386,621. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The stock has a market cap of $456.68 billion, a P/E ratio of 162.43, a PEG ratio of 2.63 and a beta of 1.62. The company has a fifty day simple moving average of $168.15 and a 200 day simple moving average of $148.22.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results 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. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm posted $0.16 earnings per share. Palantir Technologies’s revenue was up 92.8% compared to the same quarter last year. Sell-side analysts expect that Palantir Technologies Inc. will post 1.28 earnings per share for the current year.

Palantir Technologies Company Profile

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.