Palantir Technologies Inc. $PLTR Stake Boosted by Roundview Capital LLC

Roundview Capital LLC increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 5.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,342 shares of the company’s stock after purchasing an additional 451 shares during the quarter. Roundview Capital LLC’s holdings in Palantir Technologies were worth $1,274,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PLTR. Revolve Wealth Partners LLC bought a new position in Palantir Technologies during the fourth quarter worth $450,000. Bison Wealth LLC lifted its stake in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in Palantir Technologies by 9.7% during the first quarter. Miracle Mile Advisors LLC now owns 17,305 shares of the company’s stock worth $1,461,000 after purchasing an additional 1,531 shares during the last quarter. OLD National Bancorp IN lifted its stake in Palantir Technologies by 137.1% during the first quarter. OLD National Bancorp IN now owns 9,966 shares of the company’s stock worth $841,000 after purchasing an additional 5,762 shares during the last quarter. Finally, Wesbanco Bank Inc. lifted its stake in Palantir Technologies by 3.7% during the first quarter. Wesbanco Bank Inc. now owns 9,956 shares of the company’s stock worth $840,000 after purchasing an additional 356 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Stock Up 1.5%

Shares of PLTR stock opened at $182.17 on Wednesday. The stock has a 50-day simple moving average of $169.85 and a 200 day simple moving average of $138.26. Palantir Technologies Inc. has a fifty-two week low of $39.01 and a fifty-two week high of $190.00. The stock has a market capitalization of $432.17 billion, a P/E ratio of 607.25, a P/E/G ratio of 10.02 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $939.29 million. During the same quarter last year, the business posted $0.09 earnings per share. The company’s quarterly revenue was up 48.0% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 191,720 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $151.37, for a total transaction of $29,020,656.40. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at $89,611.04. This trade represents a 99.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shyam Sankar sold 375,000 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $151.20, for a total value of $56,700,000.00. Following the transaction, the insider directly owned 702,786 shares of the company’s stock, valued at $106,261,243.20. This represents a 34.79% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,591,085 shares of company stock valued at $244,714,146. Corporate insiders own 12.93% of the company’s stock.

Analyst Ratings Changes

PLTR has been the topic of a number of recent research reports. Morgan Stanley set a $155.00 target price on Palantir Technologies and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Wall Street Zen cut Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Cantor Fitzgerald raised their target price on Palantir Technologies from $110.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. UBS Group reiterated a “neutral” rating and issued a $165.00 target price (up from $110.00) on shares of Palantir Technologies in a research note on Tuesday, August 5th. Finally, The Goldman Sachs Group raised their target price on Palantir Technologies from $90.00 to $141.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Five analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $140.22.

About Palantir Technologies

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.