Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Acquires New Shares in Palantir Technologies Inc. $PLTR

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 43,040 shares of the company’s stock, valued at approximately $5,021,000.

Several other large investors also recently bought and sold shares of PLTR. IFP Advisors Inc raised its position in Palantir Technologies by 14.0% in the 2nd quarter. IFP Advisors Inc now owns 92,086 shares of the company’s stock worth $10,744,000 after buying an additional 11,312 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Palantir Technologies by 37.7% during the 2nd quarter. Baird Financial Group Inc. now owns 509,631 shares of the company’s stock valued at $59,459,000 after acquiring an additional 139,419 shares during the last quarter. Sterling Investment Advisors Ltd. boosted its holdings in shares of Palantir Technologies by 9.1% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 34,002 shares of the company’s stock valued at $3,967,000 after acquiring an additional 2,850 shares during the last quarter. One Charles Private Wealth Services LLC grew its stake in shares of Palantir Technologies by 4.4% in the second quarter. One Charles Private Wealth Services LLC now owns 2,216 shares of the company’s stock worth $258,000 after acquiring an additional 93 shares during the period. Finally, Stableford Capital II LLC bought a new stake in shares of Palantir Technologies in the second quarter worth approximately $235,000. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Stock Down 2.3%

Shares of NASDAQ:PLTR opened at $170.30 on Wednesday. The stock has a market capitalization of $409.24 billion, a PE ratio of 145.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.62. The firm’s 50 day moving average price is $152.46 and its 200-day moving average price is $144.17. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52.

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, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the business posted $0.16 earnings per share. The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. Analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Sovereign AI partnership: Palantir named Nebius Group its preferred sovereign AI infrastructure partner. Nebius will provide dedicated NVIDIA-powered GPU capacity, while Palantir’s AIP, Foundry and Apollo platforms will manage the software layer inside a secure enterprise perimeter. The arrangement could help Palantir win regulated government and corporate workloads without investing billions in data-center hardware. Palantir Names Nebius Its Preferred Sovereign AI Partner
• Positive Sentiment: Potential recurring demand: The partnership supports Palantir’s strategy of helping customers run proprietary or open-source AI models on dedicated infrastructure, reducing reliance on unpredictable pay-per-token fees. Data-residency rules and the EU AI Act could support demand for these localized deployments. Sovereign AI: Palantir and Nebius Cut the Cloud Cord
• Positive Sentiment: Strong operating momentum: Recent results showed revenue growth of roughly 93% year over year, with earnings and sales exceeding consensus estimates. Commentary highlighting Palantir’s continued ability to beat expectations and its strong August performance remains a support for the long-term growth case. This Could Be the AI Stock That Keeps Surprising Wall Street
• Neutral Sentiment: Market and analyst debate: A bullish rating upgrade argues that Palantir is becoming an important “meta-compute” layer for enterprise AI, while a separate analysis says the company may be running short of near-term catalysts and downgraded the stock. Investors are increasingly focused on whether partnership announcements translate into signed, recurring contracts.
• Negative Sentiment: Valuation and trading concerns: With a market capitalization above $400 billion and a very high price-to-earnings ratio, the stock’s growth expectations are demanding. Articles also revived Michael Burry’s criticism that Palantir’s economics may resemble consulting more than pure software, potentially limiting the valuation premium. Palantir and Nebius Team Up
• Negative Sentiment: Shareholder selling: Cathie Wood’s ARK Invest reduced its Palantir position while reallocating capital to other technology names. Although this does not change Palantir’s fundamentals, it adds to short-term selling pressure and investor caution. Cathie Wood Dumps $25 Million of Palantir Shares

Analyst Ratings Changes

A number of research analysts recently weighed in on PLTR shares. Wedbush initiated coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They set an “outperform” rating on the stock. Citigroup downgraded shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. Wolfe Research began coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. Roth Capital assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Finally, Needham & Company LLC set a $215.00 price target on Palantir Technologies in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Insider Buying and Selling at Palantir Technologies

In other news, Director Lauren Friedman Stat sold 3,032 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the sale, the director directly owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the transaction, the insider directly owned 58,171 shares in the company, valued at approximately $10,170,035.93. This represents a 3.41% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 721,508 shares of company stock worth $117,070,093. 9.53% of the stock is owned by insiders.

Palantir Technologies Company Profile

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company’s principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.