Wealthcare Advisory Partners LLC Grows Stock Holdings in Palantir Technologies Inc. $PLTR

Wealthcare Advisory Partners LLC lifted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 8.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,199 shares of the company’s stock after purchasing an additional 2,906 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Palantir Technologies were worth $4,223,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies in the 4th quarter valued at $450,000. Bison Wealth LLC increased its stake in shares of Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after acquiring an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC raised its holdings in shares of 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 acquiring an additional 4,722 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of Palantir Technologies by 36.8% during 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 period. Finally, Vivaldi Capital Management LP acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at about $315,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Down 0.2%

NASDAQ:PLTR opened at $174.94 on Wednesday. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The stock’s fifty day moving average is $132.50 and its two-hundred day moving average is $139.81. The stock has a market capitalization of $419.39 billion, a price-to-earnings ratio of 149.52, a price-to-earnings-growth ratio of 2.50 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business earned $0.16 EPS. The company’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, sell-side analysts expect that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Stephen Andrew Cohen sold 319,934 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $80,535.68. This trade represents a 99.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of Palantir Technologies stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider owned 375,242 shares of the company’s stock, valued at $51,047,921.68. This trade represents a 4.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,150,302 shares of company stock worth $156,197,565 over the last 90 days. 9.53% of the stock is owned by insiders.

Analysts Set New Price Targets

PLTR has been the subject of a number of analyst reports. Phillip Securities upped their price objective on shares of Palantir Technologies from $190.00 to $202.00 in a report on Monday, May 11th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 target price on shares of Palantir Technologies in a research note on Friday, July 31st. UBS Group set a $215.00 target price on shares of Palantir Technologies in a report on Tuesday. Wolfe Research assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, William Blair began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set a “neutral” rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $192.19.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout results and raised guidance remain the primary bullish catalyst. Palantir reported quarterly revenue of $1.94 billion, up 92.8% year over year and ahead of expectations, while EPS also exceeded consensus. Coverage suggests the guidance increase implies roughly $362 million in additional second-half revenue. Q2 Earnings Season Standouts
• Positive Sentiment: Commercial AI demand is accelerating. Recent reports highlight 110% commercial revenue growth, 79% government revenue growth, a 62% adjusted EBITDA margin and $1.22 billion in free cash flow. Palantir’s open-weight model strategy could help differentiate its platforms from OpenAI and Anthropic by giving customers more control over customized models. Palantir Q2: Karp Takes On the Two AI Labs
• Positive Sentiment: Bullish price targets and strategic importance support the shares. Commentary includes a $220 target, representing potential upside from recent levels, while analysts and investors point to Palantir’s expanding U.S. commercial market, defense role and growing backlog as reasons the rally may continue. Prediction: Palantir Will Hit $220 This Year
• Neutral Sentiment: Macro conditions could amplify volatility. Investors are awaiting the July CPI report, with a softer-than-expected reading potentially supporting high-beta AI stocks such as PLTR. The reported short-interest figures showing zero shares appear unreliable because the data also lists an undefined percentage change.
• Negative Sentiment: Profit-taking and insider selling are creating near-term pressure. ARK Invest trimmed approximately $21 million of PLTR after the recent surge, while CTO Shyam Sankar sold 35,000 shares worth about $5.45 million under a pre-arranged Rule 10b5-1 plan. Cathie Wood Sold Palantir Shares
• Negative Sentiment: Valuation concerns remain significant. With a price-to-earnings ratio near 150, the stock is priced for sustained exceptional growth. Michael Burry’s long-dated put positions, targeting strikes in the low-to-mid $100s, reinforce concerns that expectations may be too high. Michael Burry’s Palantir Put Positions

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.