Palantir Technologies Inc. $PLTR Shares Bought by MCF Advisors LLC

MCF Advisors LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 349.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,280 shares of the company’s stock after acquiring an additional 11,104 shares during the period. MCF Advisors LLC’s holdings in Palantir Technologies were worth $1,666,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. California State Teachers Retirement System lifted its holdings in shares of Palantir Technologies by 11,040.0% in the 2nd quarter. California State Teachers Retirement System now owns 383,800,665 shares of the company’s stock valued at $44,778,024,000 after purchasing an additional 380,355,408 shares during the last quarter. Norges Bank acquired a new position in Palantir Technologies during the fourth quarter worth approximately $5,149,641,000. Jennison Associates LLC acquired a new stake in shares of Palantir Technologies in the first quarter valued at approximately $1,574,111,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after acquiring an additional 7,678,747 shares during the period. Finally, State Street Corp grew its position in shares of Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after acquiring an additional 6,777,771 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies News Summary

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

• Positive Sentiment: NVIDIA partnership strengthens Palantir’s AI credentials. Palantir and NVIDIA unveiled a “sovereign AI” supply-chain stack combining NVIDIA’s Nemotron models and cuOpt software with Palantir Foundry, AIP and Ontology. NVIDIA will initially use the system in its own manufacturing and logistics operations, potentially providing a high-profile reference customer and a path to additional industrial deployments. NVIDIA and Palantir Bring Sovereign Intelligence to Critical Supply Chains
• Positive Sentiment: Palantir expanded its commercial and international ecosystem. Fujitsu renewed and deepened its partnership, signing for AIP and Foundry in Japan and becoming a global forward-deployed engineering partner. Palantir also announced the Cardinal cybersecurity program with Method Security and showcased enterprise, government and defense customers at AIPCon 11. Palantir and Fujitsu Partnership
• Positive Sentiment: Defense momentum remains supportive. Palantir won a $127 million U.S. Army TITAN production contract, reinforcing its position in battlefield intelligence and expanding its government revenue opportunity. Palantir’s New U.S. Army Contract
• Neutral Sentiment: New partnerships have not immediately translated into stronger share performance. Reports noted that both Palantir and NVIDIA fell amid the announcement, while macro pressure from higher oil prices, Treasury yields and an unfavorable inflation reading weighed on technology stocks.
• Negative Sentiment: Valuation concerns are limiting enthusiasm. Commentary highlighted Palantir’s sharply higher valuation, with one technology ranking placing it well behind Axon and analysts describing much of the potential re-rating as already reflected in the stock. The company’s roughly 142 price-to-earnings ratio leaves shares vulnerable to profit-taking if growth expectations moderate.
• Negative Sentiment: Notable investors remain cautious. Michael Burry continues to hold longer-dated Palantir puts despite closing December 2026 positions, and ARK Invest has trimmed its PLTR holdings. These moves reinforce concerns that AI enthusiasm and recent gains may have pushed the stock ahead of fundamentals. Michael Burry Reduces Palantir Exposure

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,250 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the transaction, the insider directly owned 56,921 shares in the company, valued at $9,920,761.09. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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. Also, Director Lauren Friedman Stat sold 1,342 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total value of $244,915.00. Following the completion of the sale, the director directly owned 52,765 shares in the company, valued at $9,629,612.50. This trade represents a 2.48% 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 three months, insiders have sold 720,027 shares of company stock valued at $116,879,340. 9.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PLTR. DA Davidson boosted their target price on Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 4th. The Goldman Sachs Group restated a “neutral” rating and issued a $204.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $165.86 on Friday. The business’s 50-day moving average is $154.07 and its two-hundred day moving average is $144.63. The firm has a market capitalization of $398.57 billion, a PE ratio of 141.76, a price-to-earnings-growth ratio of 2.40 and a beta of 1.62. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52.

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

Palantir Technologies 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.