RPg Family Wealth Advisory LLC Grows Position in Palantir Technologies Inc. $PLTR

RPg Family Wealth Advisory LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 78.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,172 shares of the company’s stock after purchasing an additional 25,161 shares during the period. Palantir Technologies makes up about 1.4% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 27th largest position. RPg Family Wealth Advisory LLC’s holdings in Palantir Technologies were worth $6,670,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Palantir Technologies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares during the last quarter. State Street Corp grew its position in Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after acquiring an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC increased its stake in Palantir Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after acquiring an additional 805,047 shares during the last quarter. Norges Bank purchased a new stake in Palantir Technologies during the fourth quarter valued at approximately $5,149,641,000. Finally, Invesco Ltd. lifted its stake in shares of Palantir Technologies by 2.8% in the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after purchasing an additional 616,297 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the topic of several recent research reports. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a report on Thursday, July 30th. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research report on Wednesday, May 6th. William Blair began coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set a “neutral” rating on the stock. DZ Bank started coverage on shares of Palantir Technologies in a research note on Thursday, April 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Finally, Needham & Company LLC set a $215.00 target price on shares of Palantir Technologies in a report on Tuesday, August 11th. Two 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.19.

Insiders Place Their Bets

In related news, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the completion of the sale, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. The trade was a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’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 completion of the sale, the director owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. This represents a 5.31% 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. Insiders have sold 228,608 shares of company stock worth $30,810,313 in the last three months. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Trading Down 0.6%

NASDAQ:PLTR opened at $171.54 on Wednesday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a market cap of $412.22 billion, a price-to-earnings ratio of 146.62, a price-to-earnings-growth ratio of 2.48 and a beta of 1.59. The stock has a fifty day simple moving average of $136.11 and a 200-day simple moving average of $140.11.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the business posted $0.16 earnings per share. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. As a group, equities research analysts predict that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir’s latest quarterly results remain the primary bullish catalyst. Revenue increased roughly 93% year over year to $1.94 billion, while earnings exceeded analyst expectations, reinforcing confidence in demand for its AI software platforms. Q2 Earnings Season Standout Performers: PLTR, MSFT
• Positive Sentiment: Several bullish commentaries argue that Pentagon AI spending and continued commercial expansion could support further gains. One valuation analysis estimates the shares may still be modestly undervalued if defense-related momentum persists, while other analysts have upgraded their outlook after the strong earnings report. Palantir Stock May Be 9% Undervalued on Pentagon AI Momentum
• Neutral Sentiment: Long-term articles focus on whether Palantir can become a trillion-dollar company. That outcome would require the company to sustain very high growth for years, expand its customer base, and convert AI enthusiasm into durable profits; these are possibilities rather than near-term catalysts. Is Palantir the Next Trillion-Dollar Stock?
• Negative Sentiment: Valuation is the key headwind. Palantir is trading at extremely elevated earnings and sales multiples, prompting comparisons with software stocks that later experienced sharp corrections after reaching similar levels. Higher Treasury yields also make expensive, long-duration growth stocks less attractive. Palantir Trades at 74x Sales
• Negative Sentiment: Investor Michael Burry has reportedly renewed bearish put positions, citing Palantir’s valuation and stock-based compensation. Although this does not change the company’s fundamentals, it adds visibility to the bear case and may encourage profit-taking after the stock’s strong run. Michael Burry Is Betting Against Palantir Again

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.