Andra AP fonden Lowers Holdings in Palantir Technologies Inc. $PLTR

Andra AP fonden lowered its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 6.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 380,700 shares of the company’s stock after selling 27,000 shares during the quarter. Andra AP fonden’s holdings in Palantir Technologies were worth $44,416,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Guardian Wealth Advisors LLC NC grew its stake in Palantir Technologies by 67.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock worth $1,240,000 after buying an additional 4,283 shares during the last quarter. World Equity Group Inc. boosted its holdings in Palantir Technologies by 7.2% in the second quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock worth $5,090,000 after acquiring an additional 2,948 shares in the last quarter. Independent Financial Group LLC grew its stake in shares of Palantir Technologies by 20.8% during the second quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock worth $21,957,000 after acquiring an additional 32,427 shares during the last quarter. Sage Capital Advisors llc grew its stake in shares of Palantir Technologies by 63.5% during the second quarter. Sage Capital Advisors llc now owns 66,944 shares of the company’s stock worth $7,810,000 after acquiring an additional 25,995 shares during the last quarter. Finally, V. M. Manning & CO. Inc. purchased a new position in shares of Palantir Technologies in the 2nd quarter valued at approximately $539,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s reported alliances with Fujitsu, NVIDIA, Method Security and Nebius could expand its enterprise AI, manufacturing, cybersecurity and AI-infrastructure opportunities. Palantir Technologies Unveils Alliance Push Across AI Supply Chains and Cyber Defense
• Positive Sentiment: Recent coverage highlighted Palantir’s 92.8% year-over-year quarterly revenue growth, earnings that exceeded consensus expectations, and a long streak of accelerating revenue growth. Those results support the view that demand for its enterprise AI software remains strong. Earnings Growth and Price Strength Make Palantir a Stock to Watch
• Positive Sentiment: Optimistic commentary argues that Palantir is well positioned for “sovereign AI”—governments and organizations seeking domestic control over data, software and AI infrastructure. UBS also identified Palantir as a preferred AI beneficiary as corporate adoption moves from experimentation toward scaled deployment. Palantir Will Keep Winning as Sovereign AI Takes Hold
• Neutral Sentiment: Palantir CEO Alex Karp’s comments that major AI companies may never go public, along with his call for greater government involvement, reinforce the importance of regulation and national-security contracts but do not directly change Palantir’s financial outlook. Palantir’s Alex Karp Discusses AI Companies and Government Oversight
• Neutral Sentiment: Options activity turned more bullish as the shares rallied, suggesting stronger near-term trader interest, although this is a positioning indicator rather than a change in business fundamentals. Palantir Stock Gets a Bullish Options Signal
• Negative Sentiment: Valuation remains the principal counterargument. With a P/E ratio near 158, Palantir requires sustained high growth to justify its price, and Wall Street’s targets show unusually wide disagreement about the stock’s value. Wall Street’s Palantir Price Targets Tell an Interesting Story
• Negative Sentiment: Michael Burry continues to argue that Palantir is overvalued and offers substantial short-selling potential. Cathie Wood’s reported reduction in Palantir holdings adds another cautionary signal, though neither reflects company operating results. Michael Burry Doubles Down on Palantir Bear Case

Insider Activity

In other news, insider Alexander C. Karp sold 492,348 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total value of $217,862.50. Following the completion of the transaction, the insider directly owned 56,921 shares of the company’s stock, valued at $9,920,761.09. The trade was a 2.15% decrease in their position. 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. Insiders have sold a total of 720,027 shares of company stock worth $116,879,340 in the last ninety days. Corporate insiders own 9.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on PLTR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Roth Capital assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Northland Securities set a $200.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 4th. Royal Bank Of Canada reissued an “underperform” rating and issued a $90.00 target price on shares of Palantir Technologies in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $204.00 price target on shares of Palantir Technologies in a research 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 assigned a Sell rating to the company. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $195.33.

Palantir Technologies Stock Up 0.6%

Shares of PLTR stock traded up $1.09 on Tuesday, hitting $184.18. The company had a trading volume of 9,882,232 shares, compared to its average volume of 44,196,215. The firm has a market cap of $442.61 billion, a P/E ratio of 157.26, a price-to-earnings-growth ratio of 2.51 and a beta of 1.62. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The company has a 50-day moving average price of $160.27 and a 200-day moving average price of $146.50.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 EPS. Equities research analysts expect that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Palantir Technologies Profile

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company’s principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.