Meadowbrook Wealth Management LLC Makes New $1.27 Million Investment in Palantir Technologies Inc. $PLTR

Meadowbrook Wealth Management LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,099 shares of the company’s stock, valued at approximately $1,270,000. Palantir Technologies accounts for approximately 1.4% of Meadowbrook Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in Palantir Technologies in the 4th quarter valued at $5,149,641,000. Jennison Associates LLC purchased a new stake in shares of Palantir Technologies in the first quarter valued at about $1,574,111,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after acquiring an additional 7,678,747 shares during the period. State Street Corp raised its holdings in Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Finally, Cardano Risk Management B.V. lifted its position in Palantir Technologies by 917.4% in the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock valued at $1,170,596,000 after purchasing an additional 5,938,343 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PLTR shares. Cantor Fitzgerald reiterated a “neutral” rating and set a $138.00 target price on shares of Palantir Technologies in a research report on Friday, May 22nd. Mizuho dropped their price objective on Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Wolfe Research raised Palantir Technologies from an “underperform” rating to a “peer perform” rating in a report on Tuesday, June 16th. Oppenheimer reaffirmed an “outperform” rating on shares of Palantir Technologies in a research note on Monday, July 27th. Finally, Benchmark downgraded shares of Palantir Technologies to a “hold” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.88.

Palantir Technologies News Summary

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

• Positive Sentiment: Q2 results beat expectations. Palantir reported adjusted earnings of $0.41 per share versus the $0.35 consensus estimate, while revenue reached approximately $1.94 billion, above the $1.81 billion forecast. Revenue rose 93% year over year, and GAAP net income exceeded $1 billion. Palantir posts blowout Q2 numbers
• Positive Sentiment: U.S. commercial growth accelerated sharply. U.S. commercial revenue surged 149% year over year to $764 million, reinforcing evidence that demand for Palantir’s AI platform is expanding beyond government contracts. U.S. total revenue increased 115%. The Most Important Number in Palantir’s Earnings Report
• Positive Sentiment: Management raised guidance above Wall Street expectations. Palantir now expects fiscal 2026 revenue of roughly $8.15 billion to $8.16 billion, representing about 82% growth, compared with consensus near $7.7 billion. U.S. commercial revenue is projected to grow at least 134%, while third-quarter revenue guidance also topped estimates. Palantir raises annual revenue forecast
• Positive Sentiment: Operating leverage remained strong. Palantir reported a 47% GAAP operating margin and a 62% adjusted operating margin, closed 220 contracts worth at least $1 million, and held $9.2 billion in cash and short-term Treasuries. A new Mercury Systems partnership could also support defense and factory-automation demand. Palantir Q2 2026 results
• Neutral Sentiment: CEO Alex Karp renewed criticism of frontier AI laboratories, arguing that enterprises need greater control over their data and AI models. The comments reinforce Palantir’s “AI sovereignty” positioning but could increase controversy around management’s public messaging. Palantir CEO discusses the AI industry
• Negative Sentiment: Valuation and selling risks remain. Palantir trades at a very high earnings multiple, leaving the stock vulnerable if growth slows or guidance disappoints. Reports also highlighted substantial insider selling with no reported insider purchases over the past six months, while scrutiny of the company’s U.K. NHS data-platform work remains an overhang. Palantir faces valuation concerns

Insider Buying and Selling at Palantir Technologies

In related news, insider David A. Glazer sold 17,128 shares of Palantir Technologies stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider directly owned 375,242 shares in the company, valued at $51,047,921.68. The trade was a 4.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $80,535.68. The trade was a 99.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 1,112,270 shares of company stock worth $150,247,785. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Trading Up 2.1%

NASDAQ:PLTR opened at $125.65 on Tuesday. The firm has a 50-day moving average price of $130.16 and a two-hundred day moving average price of $140.04. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a market capitalization of $301.22 billion, a P/E ratio of 141.18, a price-to-earnings-growth ratio of 1.97 and a beta of 1.59.

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, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $0.16 earnings per share. The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, equities research analysts predict that Palantir Technologies Inc. will post 1.17 earnings per share for the current year.

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.