Palantir Technologies Inc. $PLTR Stock Holdings Increased by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 3.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,428 shares of the company’s stock after buying an additional 625 shares during the period. Premier Path Wealth Partners LLC’s holdings in Palantir Technologies were worth $2,512,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new stake in shares of Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC lifted its holdings in shares of Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after purchasing an additional 4,667 shares during the last quarter. Koshinski Asset Management Inc. acquired a new position in shares of Palantir Technologies in the 1st quarter valued at $241,000. Mather Group LLC. boosted its position in shares of Palantir Technologies by 834.7% in the 1st quarter. Mather Group LLC. now owns 8,319 shares of the company’s stock valued at $702,000 after purchasing an additional 7,429 shares during the period. Finally, Astoria Portfolio Advisors LLC. purchased a new position in Palantir Technologies in the 1st quarter worth about $265,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $198.81 on Thursday. The business’s 50-day moving average price is $173.15 and its two-hundred day moving average price is $149.36. Palantir Technologies Inc. has a one year low of $40.90 and a one year high of $199.85. The company has a market capitalization of $471.64 billion, a P/E ratio of 662.72, a price-to-earnings-growth ratio of 10.28 and a beta of 2.60.

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

Analyst Upgrades and Downgrades

A number of analysts have commented on PLTR shares. Piper Sandler upped their price objective on shares of Palantir Technologies from $182.00 to $201.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Loop Capital boosted their price target on shares of Palantir Technologies from $178.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Royal Bank Of Canada restated an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday. The Goldman Sachs Group raised their price objective on shares of Palantir Technologies from $90.00 to $141.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Finally, UBS Group reiterated a “neutral” rating and set a $165.00 price objective (up from $110.00) on shares of Palantir Technologies in a research report on Tuesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $142.00.

Insider Activity

In other news, insider Alexander C. Karp sold 222,878 shares of the company’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 $33,737,042.86. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at approximately $973,650,893.46. This represents a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Stephen Andrew Cohen sold 191,720 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $151.37, for a total value of $29,020,656.40. Following the transaction, the insider owned 592 shares in the company, valued at approximately $89,611.04. This trade represents a 99.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,557,750 shares of company stock valued at $239,713,896. 9.23% of the stock is currently owned by company insiders.

Palantir Technologies Profile

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.