NEOS Investment Management LLC Boosts Holdings in Palantir Technologies Inc. $PLTR

NEOS Investment Management LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,755,494 shares of the company’s stock after purchasing an additional 167,545 shares during the period. Palantir Technologies makes up 0.8% of NEOS Investment Management LLC’s holdings, making the stock its 24th biggest holding. NEOS Investment Management LLC owned approximately 0.07% of Palantir Technologies worth $204,813,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC purchased a new position in Palantir Technologies in the 4th quarter valued at approximately $450,000. Bison Wealth LLC raised its stake in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC raised its stake in shares of Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings 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 during the period. Finally, Vivaldi Capital Management LP purchased a new position in Palantir Technologies in the second quarter valued at $315,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Stock Performance

Shares of PLTR stock opened at $182.53 on Friday. The stock’s 50-day moving average is $148.99 and its two-hundred day moving average is $143.33. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm has a market cap of $438.63 billion, a price-to-earnings ratio of 156.01, a PEG ratio of 2.40 and a beta of 1.62.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Cantor Fitzgerald began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating on the stock. DA Davidson lifted their price objective on Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. UBS Group set a $215.00 price objective on Palantir Technologies in a research report on Tuesday, August 11th. BTIG Research lowered shares of Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Finally, Oppenheimer cut shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Two research 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 given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was 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 in the company, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 2,055 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, 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. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 721,508 shares of company stock worth $117,070,093. 9.53% of the stock is currently owned by corporate insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance supports enterprise growth. Palantir and PwC will collaborate on scaling enterprise AI, mergers-and-acquisitions transformation and ERP modernization. The partnership could help Palantir reach more corporate customers and convert AI interest into larger, recurring deployments. PwC and Palantir Expand Strategic Alliance to Help Organizations Scale Enterprise AI
• Positive Sentiment: Palantir’s implementation model is gaining industry recognition. A Fortune report noted that technology companies are increasingly adopting Palantir’s “forward-deployed engineer” approach, placing engineers directly with customers to implement AI systems. This may reinforce the company’s competitive positioning, although it also highlights a potentially labor-intensive delivery model. One of the Fastest-Growing Jobs in Silicon Valley
• Neutral Sentiment: Management continues promoting proprietary AI advantages. CEO Alex Karp argued that the key risk in enterprise AI is exposing a company’s proprietary “alpha,” rather than simply leaking data. The comments support Palantir’s emphasis on secure, customized AI deployments but do not represent a new contract or financial forecast. Palantir’s Alex Karp: The Real AI Leak Isn’t Data, It’s Your Alpha
• Negative Sentiment: Competition and valuation remain major risks. Analysts pointed to Google’s new government-focused AI tools as a potential threat to Palantir’s lucrative public-sector business. Separately, Burry renewed his criticism, alleging weakening bargaining power and channel stuffing and warning that Palantir resembles an AI-FOMO bubble. With a market capitalization above $400 billion and a triple-digit P/E ratio, the stock remains highly sensitive to any slowdown in growth or margin expansion. What’s Bugging Palantir’s Stock?

Palantir Technologies Company 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.