Mufg Securities Americas Inc. Acquires 5,959 Shares of Palantir Technologies Inc. $PLTR

Mufg Securities Americas Inc. raised its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 9.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,155 shares of the company’s stock after purchasing an additional 5,959 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Palantir Technologies were worth $8,068,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BCGM Wealth Management LLC lifted its position in shares of Palantir Technologies by 2.0% during the 2nd quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock worth $374,000 after buying an additional 64 shares during the last quarter. CYBER HORNET ETFs LLC grew its position in Palantir Technologies by 1.2% in the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after acquiring an additional 65 shares during the last quarter. JDM Financial Group LLC raised its stake in Palantir Technologies by 20.9% during the second quarter. JDM Financial Group LLC now owns 388 shares of the company’s stock worth $45,000 after acquiring an additional 67 shares in the last quarter. Financial Partners Group Inc raised its stake in Palantir Technologies by 1.8% during the fourth quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock worth $676,000 after acquiring an additional 68 shares in the last quarter. Finally, LifeSteps Financial Inc. lifted its holdings in shares of Palantir Technologies by 4.9% in the first 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 last quarter. Institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

PLTR has been the topic of a number of research analyst reports. Jefferies Financial Group restated an “underperform” rating and issued a $80.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Mizuho increased their price objective on shares of Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. HSBC lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating and cut their target price for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a research note on Thursday, July 30th. Finally, BTIG Research downgraded shares of Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $192.19.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $186.29 on Friday. The company has a 50 day simple moving average of $143.76 and a 200 day simple moving average of $142.05. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm has a market cap of $447.67 billion, a PE ratio of 159.22, a price-to-earnings-growth ratio of 2.63 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm 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 firm posted $0.16 EPS. The company’s revenue for the quarter was up 92.8% compared to the same quarter last year. As a group, research analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the sale, the director owned 54,107 shares of the company’s stock, valued at $8,927,655. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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 the stock in a transaction on 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 owned 599,899 shares of the company’s stock, valued at $77,986,870. The trade was a 20.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 721,764 shares of company stock worth $117,080,858 in the last three months. 9.53% of the stock is currently owned by company insiders.

Palantir Technologies News Roundup

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

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.