Palantir Technologies Inc. $PLTR Shares Acquired by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 12.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,464 shares of the company’s stock after buying an additional 4,653 shares during the period. KMG Fiduciary Partners LLC’s holdings in Palantir Technologies were worth $4,954,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC acquired a new stake in Palantir Technologies during the 4th quarter valued at $450,000. Bison Wealth LLC increased its position in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC increased its position in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Palantir Technologies by 36.8% in the 2nd 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 last quarter. Finally, Vivaldi Capital Management LP acquired a new position in Palantir Technologies in the 2nd quarter valued at about $315,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Price Performance

NASDAQ PLTR opened at $175.23 on Tuesday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The firm has a market capitalization of $420.08 billion, a P/E ratio of 149.77, a P/E/G ratio of 2.45 and a beta of 1.59. The business’s 50-day simple moving average is $132.05 and its 200-day simple moving average is $139.75.

Palantir Technologies (NASDAQ:PLTR) last posted 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 49.01% and a return on equity of 30.57%. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 EPS. The company’s revenue was up 92.8% on a year-over-year basis. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider owned 60,226 shares in the company, valued at approximately $7,757,108.80. The trade was a 2.40% decrease in their position. The transaction was disclosed in a legal 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 Shyam Sankar sold 35,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,081,780.20. This trade represents a 5.16% 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. Insiders sold 1,150,302 shares of company stock worth $156,197,565 over the last three months. 9.53% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on PLTR shares. Wolfe Research began coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating on the stock. Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. President Capital raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $25.50 to $133.00 in a research note on Monday, June 29th. Finally, Mizuho increased their price target on Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.73.

More Palantir Technologies News

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

• Positive Sentiment: Raised guidance reinforces the growth story. Palantir was identified as a Q2 earnings-season standout after raising its outlook. Articles indicate the guidance upgrade implies approximately $362 million of additional second-half revenue, helping investors reassess the company’s near-term earnings power. Q2 Earnings Season Standouts: 3 Companies Raising Guidance
• Positive Sentiment: AI-driven commercial momentum remains the main catalyst. Recent coverage highlights 93% year-over-year revenue growth, commercial revenue growth of 110%, government revenue growth of 79%, a 62% adjusted EBITDA margin, and $1.22 billion of free cash flow. Palantir’s open-weight model approach may also differentiate it from OpenAI and Anthropic by allowing customers to customize models on their own infrastructure and retain the resulting model weights. Palantir Q2: Karp Takes On The Two AI Labs
• Positive Sentiment: Analysts and investors remain bullish. Bank of America reportedly set a $255 price target, while other bullish research cited targets of $218 and $255. Coverage also points to a $13.1 billion backlog and substantial room to expand Palantir’s U.S. commercial business. BofA, JPMorgan, Oppenheimer Name Their Favorite AI Stocks
• Neutral Sentiment: Defense exposure is attracting attention. Palantir’s battlefield AI is reportedly helping the Pentagon accelerate target identification. However, the related missile shortage could benefit defense contractors such as Lockheed Martin and RTX more directly than Palantir. Palantir AI Boosts Pentagon Capabilities but Missile Shortage Benefits Contractors
• Negative Sentiment: Valuation and profit-taking are key risks. After a sharp rally, some investors have taken profits. Palantir trades at an elevated earnings multiple, so any slowdown in growth, weaker guidance, or margin pressure could trigger significant volatility. Michael Burry’s bearish AI positioning has also kept valuation concerns in focus. Palantir Stock Valuation Risk

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.