Palantir Technologies Inc. $PLTR Shares Sold by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 17.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,949 shares of the company’s stock after selling 3,849 shares during the period. Palantir Technologies makes up approximately 1.0% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 26th largest holding. Silverleafe Capital Partners LLC’s holdings in Palantir Technologies were worth $3,357,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of PLTR. Cornerstone Financial Management LLC acquired a new stake in Palantir Technologies in the fourth quarter worth about $31,000. Prudent Man Investment Management Inc. acquired a new position in shares of Palantir Technologies during the fourth quarter valued at approximately $35,000. Monetary Solutions Ltd bought a new stake in Palantir Technologies during the fourth quarter worth approximately $36,000. Reflection Asset Management bought a new stake in Palantir Technologies during the fourth quarter worth approximately $35,000. Finally, Ballast Advisors LLC acquired a new stake in Palantir Technologies in the first quarter worth approximately $29,000. 45.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PLTR has been the subject of a number of research reports. Wolfe Research assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Roth Capital assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. Wedbush assumed coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They issued an “outperform” rating on the stock. Royal Bank Of Canada reissued an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and issued a $80.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. 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 MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.33.

Palantir Technologies Price Performance

Palantir Technologies stock traded down $1.29 during midday trading on Friday, reaching $188.75. The stock had a trading volume of 17,756,597 shares, compared to its average volume of 43,251,453. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The firm has a market cap of $453.58 billion, a price-to-earnings ratio of 161.32, a PEG ratio of 2.63 and a beta of 1.60. The firm’s fifty day simple moving average is $169.49 and its two-hundred day simple moving average is $148.50.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 earnings per share. The company’s revenue for the quarter was up 92.8% on a year-over-year basis. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Insiders Place Their Bets

In other Palantir Technologies news, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction that occurred 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 in the company, valued at $1,124,294,375.82. This represents a 7.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 business’s stock in a transaction on 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 owned 58,171 shares in the company, valued at approximately $10,170,035.93. This represents 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 have sold 535,027 shares of company stock worth $92,829,340 over the last quarter. Company insiders own 9.53% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Armada partnership expands sovereign AI opportunity. Palantir named Armada its inaugural Certified Modular Data Center Partner. The companies will combine Palantir’s Sovereign AI Operating System with U.S.- and allied-manufactured modular data centers, enabling government and enterprise customers to keep AI models, data, and hardware under their control—even in air-gapped environments. The announcement drove reports of a roughly 2% advance in the stock. Palantir and Armada Partner to Accelerate Sovereign AI Infrastructure
• Positive Sentiment: Strong operating momentum continues. Coverage highlights Palantir’s best quarter in a year, its ninth consecutive earnings beat, rapid revenue growth, expanding operating margins, and rising cash generation. Bullish analysts argue that demand for the company’s AI software could support substantially higher long-term revenue and earnings. Palantir’s Growth Could Justify a Much Higher Stock Price
• Neutral Sentiment: Cash flow is improving, but per-share gains are being watched. Palantir is producing substantially more cash as revenue expands; however, investors are evaluating whether that growth is sufficient to offset stock-based compensation and dilution. Is Palantir’s Cash Flow Keeping Ahead of Share Dilution?
• Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at a very high earnings multiple relative to the broader market. Any slowdown in growth, margin expansion, or AI spending could trigger a sharp repricing. What Could Go Wrong With Palantir Stock?
• Negative Sentiment: Some prominent investors are reducing exposure. Cathie Wood’s ARK Invest reportedly trimmed roughly $4 million of Palantir shares, while Michael Burry has maintained or increased a short position citing accounting and valuation concerns. These actions may reinforce near-term caution despite strong fundamentals. Peter Thiel Says US AI Demand Is Booming, but Cathie Wood Is Trimming Palantir

Palantir Technologies Profile

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.