Public Employees Retirement System of Ohio Lowers Holdings in Palantir Technologies Inc. $PLTR

Public Employees Retirement System of Ohio trimmed its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 849,121 shares of the company’s stock after selling 44,975 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Palantir Technologies were worth $99,067,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Revolve Wealth Partners LLC purchased a new position in shares of Palantir Technologies in the 4th quarter worth about $450,000. Bison Wealth LLC grew 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 valued at $1,296,000 after purchasing an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC increased its stake 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 valued at $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Palantir Technologies by 36.8% during 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 in the last quarter. Finally, Vivaldi Capital Management LP purchased a new position in Palantir Technologies in the second quarter worth about $315,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Maven is emerging as a major growth catalyst. Palantir’s Maven Smart System is reportedly approaching a $1 billion annual revenue run rate, supported by a $244 million Pentagon funding increase through March 2027. Its designation as a program of record could provide access to as much as $2.3 billion in funding over five years. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Operating metrics remain unusually strong. A report highlighted Palantir’s 155% second-quarter fiscal 2026 Rule of 40 score—revenue growth plus adjusted operating margin—far above the 40% benchmark commonly used for healthy software companies. This reinforces the bullish case for buying on pullbacks. This 1 Number Proves Why You Should Buy Palantir on Every Dip
• Positive Sentiment: Recent earnings and guidance upgrades continue to support sentiment. Palantir reported better-than-expected quarterly results, raised full-year revenue guidance and continues to benefit from expansion across its government and commercial platforms. How Pentagon Maven Deal And Raised Guidance Changed Palantir’s Investment Story
• Positive Sentiment: Analyst support is adding momentum. William Blair maintained a Buy rating, citing Maven’s path toward $1 billion in annual recurring revenue and favorable defense-spending trends. Palantir Earns Buy Rating as Maven Nears Billion-Dollar Status
• Neutral Sentiment: Analysts remain divided. While some see further upside from AI and defense demand, others question whether the stock’s recent rally is fully supported by new information, since many contracts and growth trends were already public. Analysts Conflicted on Palantir and Intuit
• Negative Sentiment: Insider selling remains a risk. CEO Alexander Karp sold nearly $86 million of shares, while co-founder Peter Thiel has reduced his stake over time. These sales may pressure sentiment even though Thiel remains a major shareholder. Palantir CEO Alexander Karp Sells $86 Million in Stock
• Negative Sentiment: Valuation leaves little room for disappointment. Commentators note that Palantir trades at demanding earnings and sales multiples; investor Michael Burry has reportedly added to a PLTR short position. Michael Burry Adds to Palantir Short Position

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $204.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set an “overweight” rating on the stock. Roth Capital assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $25.50 to $133.00 in a research note on Monday, June 29th. Finally, Wedbush assumed coverage on Palantir Technologies in a report on Tuesday, June 16th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Palantir Technologies Trading Up 4.7%

Shares of NASDAQ:PLTR opened at $185.93 on Friday. The company has a market capitalization of $446.80 billion, a price-to-earnings ratio of 158.91, a PEG ratio of 2.51 and a beta of 1.59. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The firm’s 50-day moving average is $142.60 and its 200 day moving average is $141.74.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 earnings per share. As a group, equities analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 150,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $19,500,000.00. Following the transaction, the insider directly owned 599,899 shares in the company, valued at $77,986,870. This represents a 20.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at $10,170,035.93. The trade was a 3.41% decrease in their position. 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 721,764 shares of company stock valued at $117,080,858 over the last 90 days. 9.53% of the stock is currently owned by insiders.

Palantir Technologies 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.