11,362 Shares in Palantir Technologies Inc. $PLTR Acquired by EMC Capital Management

EMC Capital Management acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,362 shares of the company’s stock, valued at approximately $1,326,000. Palantir Technologies makes up approximately 0.5% of EMC Capital Management’s holdings, making the stock its 18th largest position.

A number of other large investors have also added to or reduced their stakes in PLTR. B. Metzler seel. Sohn & Co. AG grew its stake in shares of Palantir Technologies by 2.7% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 181,673 shares of the company’s stock worth $21,196,000 after acquiring an additional 4,832 shares during the last quarter. Draper Asset Management LLC increased its holdings in shares of Palantir Technologies by 58.1% during the second quarter. Draper Asset Management LLC now owns 15,548 shares of the company’s stock valued at $1,814,000 after acquiring an additional 5,716 shares in the last quarter. Emergent Wealth Advisors LLC raised its position in shares of Palantir Technologies by 3.2% in the 2nd quarter. Emergent Wealth Advisors LLC now owns 2,792 shares of the company’s stock worth $326,000 after purchasing an additional 86 shares during the last quarter. Atticus Wealth Management LLC raised its position in shares of Palantir Technologies by 69.9% in the 2nd quarter. Atticus Wealth Management LLC now owns 17,856 shares of the company’s stock worth $2,083,000 after purchasing an additional 7,347 shares during the last quarter. Finally, SkyOak Wealth LLC boosted its stake in Palantir Technologies by 16.2% in the 2nd quarter. SkyOak Wealth LLC now owns 8,682 shares of the company’s stock worth $1,013,000 after purchasing an additional 1,213 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $169.46 on Thursday. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The stock has a 50-day moving average of $147.48 and a 200 day moving average of $142.97. The company has a market capitalization of $407.22 billion, a price-to-earnings ratio of 144.84, a PEG ratio of 2.54 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last issued 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. The business had revenue of $1.94 billion during 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 previous year, the firm earned $0.16 EPS. On average, equities analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Activity at Palantir Technologies

In other news, insider Shyam Sankar sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $100,081,780.20. The trade was a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Jeffrey Buckley sold 1,250 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50. Following the transaction, the insider owned 56,921 shares in the company, valued at approximately $9,920,761.09. This trade represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Over the last three months, insiders have sold 720,166 shares of company stock valued at $116,825,178. Insiders own 9.53% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the topic of several recent analyst reports. President Capital raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $25.50 to $133.00 in a research report on Monday, June 29th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. William Blair reiterated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Needham & Company LLC set a $215.00 price target on shares of Palantir Technologies in a report on Tuesday, August 11th. Finally, BNP Paribas Exane assumed coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They set an “underperform” rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Key Palantir Technologies News

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

• Positive Sentiment: U.S. Army TITAN award strengthens defense outlook: Palantir won an agreement to produce and deliver eight AI-enabled TITAN battlefield intelligence ground stations. Reports value Palantir’s portion at approximately $127 million within a broader $192 million production award shared with Anduril. The contract moves TITAN into production and supports Palantir’s position in software-defined defense. Palantir to Deliver Eight TITAN Systems to the U.S. Army
• Positive Sentiment: Commercial and financial-services expansion remains a catalyst: Former AIG Chairman and CEO Peter Zaffino will join Palantir in January 2027 as Global Head of Financial Services. The appointment could help accelerate enterprise adoption, although some valuation analysis suggests the hiring news may already be reflected in the share price. Peter Zaffino to Join Palantir Technologies as Global Head of Financial Services
• Positive Sentiment: Some analysts remain bullish: Zacks upgraded Palantir to Rank #1, or Strong Buy, citing improving earnings prospects. Jim Cramer also pointed to Palantir’s Rule of 40 performance, while Baird maintained an Outperform view and a $200 price target following a product demonstration. Palantir Technologies Upgraded to Strong Buy
• Neutral Sentiment: Leadership is increasing its defense-tech exposure: CEO Alex Karp is backing a new defense-technology venture led by former Ukrainian defense official Mykhailo Fedorov. The move may expand Palantir’s strategic network, but it is not an immediate revenue catalyst for PLTR. Palantir CEO Alex Karp backs new defense-tech startup
• Negative Sentiment: Profit-taking and institutional selling are weighing on the shares: Palantir gained roughly 48% in August, prompting investors to lock in gains. ARK Invest also sold about $26 million of PLTR stock, adding to near-term supply. Palantir stock falls as investors take profit
• Negative Sentiment: Valuation remains the central concern: With a market capitalization above $400 billion and a price-to-earnings ratio near 145, the stock is priced for sustained high growth. Analysts are questioning whether recent gains leave insufficient room for execution missteps, while a downgrade after reaching a price target has reinforced caution. Why Palantir’s stock is suffering its worst slump since February
• Negative Sentiment: Competitive and sector pressures are adding to the pullback: Google’s push into markets that overlap with Palantir’s profitable AI and government-software businesses raises a longer-term competitive risk. Broad selling across software stocks is amplifying the effect, even as the Army contract provides supportive fundamentals. Palantir Stock Gets New Problem From Google

Palantir Technologies 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.