Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Position in Palantir Technologies Inc. $PLTR

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,698,278 shares of the company’s stock after acquiring an additional 305,529 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Palantir Technologies were worth $664,818,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new stake in shares of Palantir Technologies in the fourth quarter valued at approximately $29,000. Cornerstone Financial Management LLC purchased a new position in shares of Palantir Technologies during the 4th quarter worth approximately $31,000. Wexford Capital LP acquired a new position in shares of Palantir Technologies during the 3rd quarter worth approximately $36,000. Prudent Man Investment Management Inc. acquired a new position in shares of Palantir Technologies during the 4th quarter worth approximately $35,000. Finally, Monetary Solutions Ltd purchased a new stake in Palantir Technologies in the 4th quarter valued at approximately $36,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 150,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total transaction of $19,500,000.00. Following the completion of the transaction, the insider owned 599,899 shares of the company’s stock, valued at $77,986,870. This represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the company’s stock in a transaction dated 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 directly owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This represents a 2.40% 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. Over the last ninety days, insiders have sold 227,778 shares of company stock worth $30,696,263. 9.53% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

Shares of PLTR opened at $179.94 on Friday. The stock has a fifty day moving average of $138.90 and a two-hundred day moving average of $140.74. The company has a market capitalization of $432.41 billion, a PE ratio of 153.79, a price-to-earnings-growth ratio of 2.46 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.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company posted $0.16 EPS. The business’s revenue for the quarter was up 92.8% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
• Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
• Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
• Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
• Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
• Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry’s Put Buys Should Not Deter Retail Investors
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

Analyst Ratings Changes

A number of brokerages have commented on PLTR. The Goldman Sachs Group reiterated a “neutral” rating and set a $204.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Needham & Company LLC set a $215.00 price target on Palantir Technologies in a report on Tuesday, August 11th. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. William Blair initiated coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “neutral” rating on the stock. Finally, BTIG Research cut Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.19.

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.