Ewa LLC Purchases 5,208 Shares of Palantir Technologies Inc. $PLTR

Ewa LLC raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 170.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,255 shares of the company’s stock after purchasing an additional 5,208 shares during the period. Ewa LLC’s holdings in Palantir Technologies were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PLTR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Palantir Technologies by 10.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,668,082 shares of the company’s stock worth $984,786,000 after acquiring an additional 1,135,841 shares during the period. Golden State Equity Partners boosted its holdings in shares of Palantir Technologies by 10.1% in the second quarter. Golden State Equity Partners now owns 18,361 shares of the company’s stock worth $2,503,000 after acquiring an additional 1,677 shares during the period. FMB Wealth Management bought a new position in shares of Palantir Technologies in the second quarter worth $223,000. Hummer Financial Advisory Services Inc bought a new position in shares of Palantir Technologies in the second quarter worth $225,000. Finally, Bank of New Hampshire boosted its holdings in shares of Palantir Technologies by 11.4% in the second quarter. Bank of New Hampshire now owns 19,842 shares of the company’s stock worth $2,705,000 after acquiring an additional 2,023 shares during the period. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Stock Up 1.4%

NASDAQ PLTR opened at $184.95 on Thursday. The stock’s 50-day simple moving average is $167.97 and its two-hundred day simple moving average is $135.33. Palantir Technologies Inc. has a twelve month low of $36.15 and a twelve month high of $190.00. The company has a market capitalization of $438.76 billion, a price-to-earnings ratio of 616.52, a PEG ratio of 10.18 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $939.29 million. During the same quarter in the previous year, the business earned $0.09 EPS. Palantir Technologies’s revenue was up 48.0% compared to the same quarter last year. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of recent analyst reports. Piper Sandler set a $182.00 price objective on Palantir Technologies in a research report on Tuesday, August 5th. DA Davidson set a $170.00 price objective on Palantir Technologies and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Loop Capital increased their price objective on Palantir Technologies from $178.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Mizuho set a $165.00 price objective on Palantir Technologies in a research report on Monday, September 15th. Finally, Wedbush set a $200.00 price objective on Palantir Technologies and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $140.22.

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 375,000 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $151.20, for a total transaction of $56,700,000.00. Following the transaction, the insider owned 702,786 shares in the company, valued at $106,261,243.20. The trade was a 34.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Alexander C. Karp sold 222,878 shares of Palantir Technologies stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $151.37, for a total value of $33,737,042.86. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $973,650,893.46. The trade was a 3.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,591,085 shares of company stock worth $244,676,722 over the last 90 days. 9.23% of the stock is owned by insiders.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.