Leeward Financial Partners LLC Sells 15,553 Shares of Palantir Technologies Inc. $PLTR

Leeward Financial Partners LLC trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 74.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,223 shares of the company’s stock after selling 15,553 shares during the period. Leeward Financial Partners LLC’s holdings in Palantir Technologies were worth $609,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Prospect Hill Management LLC increased its holdings in shares of Palantir Technologies by 123.6% during the 2nd quarter. Prospect Hill Management LLC now owns 9,950 shares of the company’s stock worth $1,161,000 after acquiring an additional 5,500 shares during the last quarter. ABN AMRO Bank N.V. lifted its holdings in Palantir Technologies by 1,590.7% during the 2nd quarter. ABN AMRO Bank N.V. now owns 658,389 shares of the company’s stock valued at $76,752,000 after purchasing an additional 619,447 shares during the last quarter. Kelleher Financial Advisors boosted its position in Palantir Technologies by 111.0% during the second quarter. Kelleher Financial Advisors now owns 4,726 shares of the company’s stock worth $551,000 after purchasing an additional 2,486 shares during the period. Sutton Place Investors LLC boosted its position in Palantir Technologies by 3.5% during the second quarter. Sutton Place Investors LLC now owns 2,310 shares of the company’s stock worth $270,000 after purchasing an additional 78 shares during the period. Finally, GSA Capital Partners LLP increased its holdings in shares of Palantir Technologies by 196.1% in the second quarter. GSA Capital Partners LLP now owns 8,650 shares of the company’s stock valued at $1,009,000 after purchasing an additional 5,729 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $204.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Cantor Fitzgerald started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued an “overweight” rating on the stock. Royal Bank Of Canada reissued an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Friday, July 31st. Finally, Jefferies Financial Group restated an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Two investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $192.19.

Insider Buying and Selling

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00. Following the transaction, the director directly owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. The trade was a 5.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 150,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $19,500,000.00. Following the completion of the sale, the insider directly owned 599,899 shares of the company’s stock, valued at approximately $77,986,870. The trade was a 20.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 227,778 shares of company stock valued at $30,696,263 in the last three months. Insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Down 0.7%

Palantir Technologies stock opened at $173.96 on Friday. The business’s 50-day moving average price is $137.87 and its two-hundred day moving average price is $140.47. The stock has a market cap of $418.04 billion, a PE ratio of 148.68, a P/E/G ratio of 2.48 and a beta of 1.59. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the firm 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, analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Strong growth and margins support the bull case: Palantir’s latest quarter featured approximately 93% year-over-year revenue growth, an earnings beat, and expanding margins. Analysts and commentators argue that its rising Rule of 40 score and efficient AI-driven growth could represent a durable structural advantage. Palantir’s Margin Expansion Signals a Structural Growth Advantage
• Positive Sentiment: Enterprise and sovereign AI demand remains a key catalyst: CEO Alex Karp said Palantir could sustain its current growth and margin profile over the next 18 months, while the company’s Sovereignty Bootcamps have attracted nearly 200 organizations. The strong participation suggests growing demand for localized and secure AI deployments. Palantir’s Sovereignty Bootcamps Draw Nearly 200 Organizations in <30 Days
• Positive Sentiment: Momentum and analyst optimism continue: Recent coverage describes improving software-stock outlooks, potential technical breakout conditions, and continued post-earnings momentum. Zacks also added PLTR to its Rank #1 Strong Buy list. Is Palantir Stock About to Breakout?
• Neutral Sentiment: Short-covering may be amplifying the rally: Reports estimate roughly $12 billion in short interest and about $5 billion in short-seller losses, potentially adding technical buying pressure. This can support the stock near term but does not necessarily change the company’s underlying value. Short Sellers Are Losing Big on Palantir — Here’s the Data
• Negative Sentiment: Valuation is the principal risk: With the stock trading at a very high earnings multiple after its sharp advance, skeptics question whether extraordinary growth is already priced in. Some bearish commentary argues that even strong execution may not justify current expectations. Is Palantir Still a Buy After Its 33% Rally Over the Past Month?
• Negative Sentiment: Insider selling adds caution: A Palantir director reportedly sold approximately $2.79 million of shares, reinforcing concerns about valuation and profit-taking after the rally. Palantir Director Offloads $2.79M

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.