Tema ETFs LLC Has $5.54 Million Stake in Palantir Technologies Inc. $PLTR

Tema ETFs LLC lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 11.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 47,458 shares of the company’s stock after acquiring an additional 5,027 shares during the period. Tema ETFs LLC’s holdings in Palantir Technologies were worth $5,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in Palantir Technologies during the fourth quarter valued at approximately $29,000. Morton Brown Family Wealth LLC raised its position in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the period. Cornerstone Financial Management LLC acquired a new stake in shares of Palantir Technologies in the fourth quarter worth $31,000. Wexford Capital LP bought a new stake in shares of Palantir Technologies during the 3rd quarter worth $36,000. Finally, Prudent Man Investment Management Inc. acquired a new position in Palantir Technologies in the 4th quarter valued at $35,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Benchmark reiterated a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Citigroup cut shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a report on Tuesday, August 4th. BNP Paribas Exane assumed coverage on Palantir Technologies in a research report on Tuesday, June 16th. They issued an “underperform” rating on the stock. UBS Group set a $215.00 price objective on Palantir Technologies in a research note on Tuesday. Finally, DA Davidson boosted their price objective on Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Two equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.19.

Palantir Technologies Trading Down 0.2%

Shares of PLTR stock opened at $174.94 on Wednesday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm’s fifty day simple moving average is $132.50 and its 200 day simple moving average is $139.81. The firm has a market capitalization of $419.39 billion, a P/E ratio of 149.52, a price-to-earnings-growth ratio of 2.50 and a beta of 1.59.

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, beating 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 net margin of 49.01% and a return on equity of 30.57%. The business’s revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 EPS. Equities research analysts anticipate that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 165,514 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $87,444,607.44. This trade represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $2,330,093.12. Following the transaction, the insider owned 375,242 shares in the company, valued at $51,047,921.68. This represents a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,150,302 shares of company stock valued at $156,197,565 in the last three months. Company insiders own 9.53% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Blowout results and raised guidance remain the primary bullish catalyst. Palantir reported quarterly revenue of $1.94 billion, up 92.8% year over year and ahead of expectations, while EPS also exceeded consensus. Coverage suggests the guidance increase implies roughly $362 million in additional second-half revenue. Q2 Earnings Season Standouts
• Positive Sentiment: Commercial AI demand is accelerating. Recent reports highlight 110% commercial revenue growth, 79% government revenue growth, a 62% adjusted EBITDA margin and $1.22 billion in free cash flow. Palantir’s open-weight model strategy could help differentiate its platforms from OpenAI and Anthropic by giving customers more control over customized models. Palantir Q2: Karp Takes On the Two AI Labs
• Positive Sentiment: Bullish price targets and strategic importance support the shares. Commentary includes a $220 target, representing potential upside from recent levels, while analysts and investors point to Palantir’s expanding U.S. commercial market, defense role and growing backlog as reasons the rally may continue. Prediction: Palantir Will Hit $220 This Year
• Neutral Sentiment: Macro conditions could amplify volatility. Investors are awaiting the July CPI report, with a softer-than-expected reading potentially supporting high-beta AI stocks such as PLTR. The reported short-interest figures showing zero shares appear unreliable because the data also lists an undefined percentage change.
• Negative Sentiment: Profit-taking and insider selling are creating near-term pressure. ARK Invest trimmed approximately $21 million of PLTR after the recent surge, while CTO Shyam Sankar sold 35,000 shares worth about $5.45 million under a pre-arranged Rule 10b5-1 plan. Cathie Wood Sold Palantir Shares
• Negative Sentiment: Valuation concerns remain significant. With a price-to-earnings ratio near 150, the stock is priced for sustained exceptional growth. Michael Burry’s long-dated put positions, targeting strikes in the low-to-mid $100s, reinforce concerns that expectations may be too high. Michael Burry’s Palantir Put Positions

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.