Rakuten Investment Management Inc. Increases Holdings in Palantir Technologies Inc. $PLTR

Rakuten Investment Management Inc. lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 15.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 546,398 shares of the company’s stock after acquiring an additional 72,001 shares during the period. Rakuten Investment Management Inc.’s holdings in Palantir Technologies were worth $63,218,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Basepoint Wealth LLC purchased a new position in Palantir Technologies in the 4th quarter worth approximately $29,000. Cornerstone Financial Management LLC bought a new position in Palantir Technologies during the fourth quarter valued at approximately $31,000. Wexford Capital LP bought a new stake in Palantir Technologies in the 3rd quarter worth approximately $36,000. Prudent Man Investment Management Inc. bought a new stake in Palantir Technologies in the fourth quarter worth $35,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of Palantir Technologies during the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on PLTR shares. Cantor Fitzgerald started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set an “overweight” rating for the company. BNP Paribas Exane started coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They set an “underperform” rating on the stock. Wedbush began coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an “outperform” rating on the stock. Mizuho boosted their price target on Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, Wolfe Research began coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $192.19.

Insiders Place Their Bets

In related news, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the transaction, the insider directly owned 58,171 shares in the company, valued at $10,170,035.93. The trade was a 3.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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. Also, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. 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. Insiders have sold 721,764 shares of company stock valued at $117,080,858 in the last 90 days. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Up 0.2%

Shares of PLTR opened at $186.29 on Friday. The company has a market cap of $447.67 billion, a price-to-earnings ratio of 159.22, a price-to-earnings-growth ratio of 2.63 and a beta of 1.59. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a 50 day moving average of $143.76 and a two-hundred day moving average of $142.05.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. On average, sell-side analysts expect that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Exceptional growth and profitability: Palantir’s Rule of 40 score reportedly reached 155%, supported by approximately 93% revenue growth and a 62% adjusted operating margin. The figures reinforce the bullish view that the company is converting AI demand into both rapid sales expansion and strong cash generation. Palantir’s Rule of 40 Surge Signals Strong AI-Driven Performance
• Positive Sentiment: Defense AI momentum: Palantir’s Maven Smart System is approaching a $1 billion annual revenue run rate, while Pentagon funding and its designation as a program of record could support as much as $2.30 billion over five years. This gives investors greater visibility into a potentially significant government growth engine. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Strong technical and investor interest: PLTR recently broke out to a new high and was added to prominent best-stock and watch lists. Analysts and bullish commentators argue that the sovereign-AI opportunity and Palantir’s execution could justify price targets above current Wall Street estimates. Palantir, Nvidia Among 17 Stocks Rising Onto Best Stock Lists
• Neutral Sentiment: Covered-call strategies are being discussed after the recent rally, reflecting strong demand for PLTR exposure but also investor interest in generating income and potentially limiting downside.
• Negative Sentiment: Valuation remains a major risk: With Palantir trading at roughly 159 times earnings, some value investors view the stock as attractive only at a substantially lower price. Analysts also remain divided over whether its growth can justify the premium valuation. Value Investor Admits Palantir Cheaper Than Expected
• Negative Sentiment: Insider selling and AI concentration concerns: CEO Alexander Karp has sold nearly $86 million of stock, and co-founder Peter Thiel has reduced his stake over time. Separately, investor Steve Eisman warned that AI revenue at major cloud companies is heavily concentrated among OpenAI and Anthropic, raising questions about the durability of AI-related spending and valuations. NVIDIA, Palantir Technologies, and the AI Achilles’ Heel

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.