Sebold Capital Management Inc. Has $816,000 Stock Position in Palantir Technologies Inc. $PLTR

Sebold Capital Management Inc. reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 8.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,984 shares of the company’s stock after selling 555 shares during the quarter. Sebold Capital Management Inc.’s holdings in Palantir Technologies were worth $816,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Strategic Financial Concepts LLC acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth $300,000. American Institute for Advanced Investment Management LLP grew its holdings in shares of Palantir Technologies by 7.1% during the 2nd quarter. American Institute for Advanced Investment Management LLP now owns 3,000 shares of the company’s stock worth $409,000 after purchasing an additional 200 shares in the last quarter. Sumitomo Life Insurance Co. grew its holdings in shares of Palantir Technologies by 38.5% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 21,038 shares of the company’s stock worth $2,868,000 after purchasing an additional 5,844 shares in the last quarter. Plato Investment Management Ltd grew its holdings in shares of Palantir Technologies by 1.4% during the 2nd quarter. Plato Investment Management Ltd now owns 56,791 shares of the company’s stock worth $7,713,000 after purchasing an additional 781 shares in the last quarter. Finally, Longbow Finance SA acquired a new stake in Palantir Technologies in the second quarter valued at about $5,058,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Shyam Sankar sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $159.55, for a total transaction of $4,786,500.00. Following the completion of the transaction, the insider directly owned 702,786 shares in the company, valued at $112,129,506.30. This trade represents a 4.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey Buckley sold 2,803 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $157.00, for a total value of $440,071.00. Following the transaction, the insider owned 50,961 shares of the company’s stock, valued at $8,000,877. This trade represents a 5.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,557,750 shares of company stock valued at $239,713,896. 9.23% of the stock is currently owned by company insiders.

Palantir Technologies Trading Up 3.0%

Shares of PLTR stock opened at $200.47 on Friday. The business’s 50-day moving average price is $174.75 and its 200-day moving average price is $150.78. Palantir Technologies Inc. has a 12 month low of $40.90 and a 12 month high of $204.18. The firm has a market capitalization of $475.58 billion, a price-to-earnings ratio of 668.26, a PEG ratio of 10.87 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $939.29 million. During the same period last year, the firm posted $0.09 earnings per share. The business’s revenue for the quarter was up 48.0% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on PLTR shares. Morgan Stanley set a $155.00 price objective on Palantir Technologies and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Palantir Technologies in a research note on Wednesday, October 8th. UBS Group reaffirmed a “neutral” rating and issued a $165.00 price objective (up from $110.00) on shares of Palantir Technologies in a research note on Tuesday, August 5th. Wedbush set a $200.00 price objective on Palantir Technologies and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Finally, Citigroup raised their price objective on Palantir Technologies from $177.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Five research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $142.00.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.