Equitable Holdings Inc. Buys 3,204 Shares of Palantir Technologies Inc. $PLTR

Equitable Holdings Inc. lifted its position in Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 1.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,823 shares of the company’s stock after acquiring an additional 3,204 shares during the period. Equitable Holdings Inc.’s holdings in Palantir Technologies were worth $25,647,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Basepoint Wealth LLC acquired a new stake in Palantir Technologies in the fourth quarter worth $29,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies in the 1st quarter valued at $29,000. Cornerstone Financial Management LLC bought a new stake in shares of Palantir Technologies in the 4th quarter valued at $31,000. Whipplewood Advisors LLC acquired a new stake in Palantir Technologies during the 1st quarter worth $32,000. Finally, Prudent Man Investment Management Inc. acquired a new stake in Palantir Technologies during the 4th quarter worth $35,000. Institutional investors own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

  • Positive Sentiment: Maven is emerging as a major growth catalyst. Palantir’s Maven Smart System is reportedly approaching a $1 billion annual revenue run rate, supported by a $244 million Pentagon funding increase through March 2027. Its designation as a program of record could provide access to as much as $2.3 billion in funding over five years. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
  • Positive Sentiment: Operating metrics remain unusually strong. A report highlighted Palantir’s 155% second-quarter fiscal 2026 Rule of 40 score—revenue growth plus adjusted operating margin—far above the 40% benchmark commonly used for healthy software companies. This reinforces the bullish case for buying on pullbacks. This 1 Number Proves Why You Should Buy Palantir on Every Dip
  • Positive Sentiment: Recent earnings and guidance upgrades continue to support sentiment. Palantir reported better-than-expected quarterly results, raised full-year revenue guidance and continues to benefit from expansion across its government and commercial platforms. How Pentagon Maven Deal And Raised Guidance Changed Palantir’s Investment Story
  • Positive Sentiment: Analyst support is adding momentum. William Blair maintained a Buy rating, citing Maven’s path toward $1 billion in annual recurring revenue and favorable defense-spending trends. Palantir Earns Buy Rating as Maven Nears Billion-Dollar Status
  • Neutral Sentiment: Analysts remain divided. While some see further upside from AI and defense demand, others question whether the stock’s recent rally is fully supported by new information, since many contracts and growth trends were already public. Analysts Conflicted on Palantir and Intuit
  • Negative Sentiment: Insider selling remains a risk. CEO Alexander Karp sold nearly $86 million of shares, while co-founder Peter Thiel has reduced his stake over time. These sales may pressure sentiment even though Thiel remains a major shareholder. Palantir CEO Alexander Karp Sells $86 Million in Stock
  • Negative Sentiment: Valuation leaves little room for disappointment. Commentators note that Palantir trades at demanding earnings and sales multiples; investor Michael Burry has reportedly added to a PLTR short position. Michael Burry Adds to Palantir Short Position

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 35,000 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $100,081,780.20. The trade was a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. The trade was a 7.11% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 721,764 shares of company stock worth $117,080,858. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $185.93 on Friday. The business’s 50 day simple moving average is $142.60 and its 200 day simple moving average is $141.74. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The firm has a market cap of $446.80 billion, a PE ratio of 158.91, a P/E/G ratio of 2.51 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last released 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. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The business’s revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 EPS. As a group, equities research analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on PLTR. Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research note on Tuesday, August 11th. UBS Group set a $215.00 price objective on Palantir Technologies in a report on Tuesday, August 11th. HSBC lowered Palantir Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Wednesday, May 6th. Finally, Piper Sandler restated an “overweight” rating and set 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 assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.19.

View Our Latest Research Report on Palantir Technologies

Palantir Technologies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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