Fulcrum Asset Management LLP Makes New $1.34 Million Investment in Palantir Technologies Inc. $PLTR

Fulcrum Asset Management LLP acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,554 shares of the company’s stock, valued at approximately $1,337,000.

A number of other hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC boosted its position in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC boosted its position in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after buying an additional 4,722 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after acquiring an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP acquired a new stake in shares of Palantir Technologies during the second quarter valued at about $315,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total value of $500,280.00. Following the sale, the director directly owned 54,107 shares in the company, valued at approximately $8,927,655. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the transaction, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. The trade was a 3.41% decrease in their ownership of the stock. 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. Insiders sold a total of 721,764 shares of company stock valued at $117,080,858 over the last three months. 9.53% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $186.29 on Friday. The firm’s 50-day moving average is $143.76 and its 200-day moving average is $142.05. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The company has a market cap of $447.67 billion, a P/E ratio of 159.22, a PEG ratio of 2.63 and a beta of 1.59.

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

Analysts Set New Price Targets

PLTR has been the topic of a number of recent analyst reports. Roth Capital assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock. Cantor Fitzgerald started coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued an “overweight” rating on the stock. BTIG Research lowered shares of Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Jefferies Financial Group restated an “underperform” rating and issued a $80.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, HSBC cut shares of Palantir Technologies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $205.00 to $151.00 in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.19.

Key Palantir Technologies News

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 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.