Mosaic Family Wealth Partners LLC bought a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,457 shares of the company’s stock, valued at approximately $987,000.
Other large investors have also recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new stake in shares of Palantir Technologies in the 4th quarter worth approximately $29,000. Ballast Advisors LLC purchased a new position in Palantir Technologies during the first quarter valued at $29,000. Morton Brown Family Wealth LLC boosted its holdings in Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after acquiring an additional 125 shares in the last quarter. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies in the fourth quarter worth $31,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Palantir Technologies in the first quarter worth $32,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on PLTR. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Mizuho upped their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a research note 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. The Goldman Sachs Group restated a “neutral” rating and set a $204.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, BNP Paribas Exane assumed coverage on shares of Palantir Technologies in a report on Tuesday, June 16th. They issued an “underperform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $192.19.
Palantir Technologies Price Performance
PLTR stock opened at $175.19 on Thursday. The stock has a market capitalization of $420.99 billion, a P/E ratio of 149.74, a P/E/G ratio of 2.43 and a beta of 1.59. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The business has a fifty day moving average price of $137.01 and a 200-day moving average price of $140.27.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.81 billion. During the same period last year, the firm posted $0.16 earnings per share. Palantir Technologies’s revenue was up 92.8% compared to the same quarter last year. As a group, analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.
Palantir Technologies News Roundup
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Enterprise demand remains a key catalyst. Recent coverage highlights growing adoption of Palantir’s artificial-intelligence software, while CEO Alex Karp said demand for sovereign AI could allow the company to sustain its current margins and rapid revenue growth over the next 18 months. Palantir Stock Climbs as Enterprise AI Demand Keeps Growing
- Positive Sentiment: Palantir’s Sovereignty Bootcamps are attracting nearly 200 organizations across two events in less than 30 days. The company said the programs are helping accelerate onboarding of new customers, supporting its government and enterprise growth story. Palantir’s Sovereignty Bootcamps Draw Nearly 200 Organizations in 30 Days
- Positive Sentiment: Investor enthusiasm is being reinforced by Palantir’s latest results: revenue rose 92.8% year over year to $1.94 billion, exceeding estimates, while adjusted earnings also beat expectations. Analysts and Zacks subsequently issued favorable commentary, including a Rank #1 Strong Buy designation. New Strong Buy Stocks for August 19th
- Positive Sentiment: Short sellers are facing substantial losses as Palantir’s rally continues. Reports estimate roughly $12 billion in short interest and about $5 billion in mark-to-market losses, creating the potential for additional buying from traders covering bearish positions. Short Sellers Are Losing Big on Palantir — Here’s the Data
- Neutral Sentiment: Palantir’s AI outlook has attracted sharply divided opinions. Bullish analysts see a long runway in defense, government and enterprise software, while others argue the stock must deliver exceptional growth to justify its current valuation. Palantir Technologies: What Could Shift Its AI Story?
- Negative Sentiment: Valuation remains the primary downside concern. With a price-to-earnings ratio near 150 and strong recent gains, skeptics question whether revenue growth and the 2026 outlook are already reflected in the share price. Is Palantir Technologies Overvalued?
- Negative Sentiment: Michael Burry has renewed his bearish position using put options, citing valuation and stock-based compensation concerns. Higher Treasury yields also pose a broader risk to richly valued growth stocks. Michael Burry Is Betting Against Palantir Again
Insider Buying and Selling at Palantir Technologies
In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the transaction, the director owned 54,107 shares in the company, valued at approximately $8,927,655. This represents a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the firm’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 sale, the insider directly owned 60,226 shares in the company, valued at approximately $7,757,108.80. The trade was a 2.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 228,608 shares of company stock worth $30,810,313. Company insiders own 9.53% of the company’s stock.
Palantir Technologies Profile
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.
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