Palantir Technologies Inc. $PLTR Shares Purchased by Mayport LLC

Mayport LLC grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 278.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,573 shares of the company’s stock after buying an additional 4,837 shares during the quarter. Mayport LLC’s holdings in Palantir Technologies were worth $767,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PLTR. Global Retirement Partners LLC raised 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 worth $14,092,000 after buying an additional 5,070 shares in the last quarter. Income Insurance Ltd bought a new stake in shares of Palantir Technologies during the 4th quarter worth $1,228,000. Schnieders Capital Management LLC. grew its holdings in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after acquiring an additional 1,694 shares during the last quarter. Pacific Heights Asset Management LLC boosted its position in shares of Palantir Technologies by 4.9% in the 4th 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 during the period. Finally, Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $1,511,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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 Stock Performance

Shares of PLTR opened at $169.46 on Thursday. The company has a market capitalization of $407.22 billion, a PE ratio of 144.84, a PEG ratio of 2.54 and a beta of 1.62. The company’s 50 day moving average price is $147.48 and its 200 day moving average price is $142.97. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52.

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 for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the company posted $0.16 EPS. Palantir Technologies’s revenue was up 92.8% on a year-over-year basis. On average, equities analysts forecast 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, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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. Also, insider Jeffrey Buckley sold 1,250 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the transaction, the insider directly owned 56,921 shares in the company, valued at $9,920,761.09. The trade was a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 ninety days, insiders sold 720,166 shares of company stock valued at $116,825,178. 9.53% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PLTR has been the topic of several recent analyst reports. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Citigroup downgraded shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Finally, DA Davidson increased their target price on Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.19.

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.