Strive Financial Group LLC Has $679,000 Position in Palantir Technologies Inc. $PLTR

Strive Financial Group LLC raised its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 193.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 5,820 shares of the company’s stock after acquiring an additional 3,834 shares during the period. Strive Financial Group LLC’s holdings in Palantir Technologies were worth $679,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC lifted its position in shares of Palantir Technologies by 6.8% during the 4th quarter. Global Retirement Partners LLC now owns 79,282 shares of the company’s stock valued at $14,092,000 after acquiring an additional 5,070 shares during the period. Income Insurance Ltd acquired a new stake in Palantir Technologies in the fourth quarter worth $1,228,000. Schnieders Capital Management LLC. increased its stake in Palantir Technologies by 36.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after purchasing an additional 1,694 shares in the last quarter. Pacific Heights Asset Management LLC increased its stake in Palantir Technologies by 4.9% in the fourth quarter. Pacific Heights Asset Management LLC now owns 1,175,000 shares of the company’s stock valued at $208,856,000 after purchasing an additional 55,000 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in shares of Palantir Technologies during the fourth quarter valued at about $1,511,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Activity

In other Palantir Technologies news, Director Lauren Friedman Stat sold 1,342 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total value of $244,915.00. Following the completion of the sale, the director owned 52,765 shares in the company, valued at approximately $9,629,612.50. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $100,081,780.20. The trade was a 5.16% decrease in their position. 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. In the last 90 days, insiders have sold 721,508 shares of company stock worth $117,070,093. 9.53% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on PLTR. Piper Sandler restated an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Roth Capital assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating on the stock. Mizuho raised their price objective on Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $80.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, DA Davidson increased their target price on Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $192.19.

Palantir Technologies News Summary

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock?

Palantir Technologies Stock Down 4.5%

Shares of Palantir Technologies stock opened at $174.33 on Friday. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The business has a 50 day moving average price of $150.22 and a 200-day moving average price of $143.55. The company has a market cap of $418.93 billion, a PE ratio of 149.00, a price-to-earnings-growth ratio of 2.58 and a beta of 1.62.

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

About Palantir Technologies

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.