Texas Capital Bank Wealth Management Services Inc Cuts Position in Palantir Technologies Inc. $PLTR

Texas Capital Bank Wealth Management Services Inc decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 86.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,357 shares of the company’s stock after selling 20,733 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in Palantir Technologies were worth $392,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BCGM Wealth Management LLC increased its holdings in Palantir Technologies by 2.0% in the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock valued at $374,000 after buying an additional 64 shares in the last quarter. CYBER HORNET ETFs LLC boosted its stake in shares of Palantir Technologies by 1.2% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock worth $966,000 after acquiring an additional 65 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Palantir Technologies by 0.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company’s stock worth $3,124,000 after acquiring an additional 67 shares in the last quarter. Financial Partners Group Inc grew its holdings in shares of Palantir Technologies by 1.8% in the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock worth $676,000 after acquiring an additional 68 shares during the period. Finally, LifeSteps Financial Inc. grew its holdings in shares of Palantir Technologies by 4.9% in the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company’s stock worth $217,000 after acquiring an additional 69 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on PLTR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a research note on Friday, July 24th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Tuesday, August 4th. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Insider Transactions at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the sale, the insider owned 60,226 shares of the company’s stock, valued at $7,757,108.80. This trade represents a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 150,000 shares of Palantir Technologies stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total value of $19,500,000.00. Following the sale, the insider owned 599,899 shares of the company’s stock, valued at approximately $77,986,870. This represents a 20.00% decrease in their position. The SEC filing for this sale provides additional information. 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 over the last three months. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Price Performance

Shares of PLTR opened at $179.94 on Friday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The stock has a market cap of $432.41 billion, a price-to-earnings ratio of 153.79, a price-to-earnings-growth ratio of 2.54 and a beta of 1.59. The firm has a 50 day simple moving average of $138.90 and a 200-day simple moving average of $140.74.

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

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
• Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
• Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
• Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
• Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
• Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry’s Put Buys Should Not Deter Retail Investors
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

Palantir Technologies Company Profile

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.