Venture Visionary Partners LLC Purchases 32,681 Shares of Palantir Technologies Inc. $PLTR

Venture Visionary Partners LLC lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 43.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 107,840 shares of the company’s stock after purchasing an additional 32,681 shares during the quarter. Venture Visionary Partners LLC’s holdings in Palantir Technologies were worth $20,171,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. grew its stake in Palantir Technologies by 0.4% during the second quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after buying an additional 757,322 shares during the period. State Street Corp raised its stake in shares of Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after acquiring an additional 2,863,874 shares during the period. Invesco Ltd. lifted its holdings in shares of Palantir Technologies by 2.8% during the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after acquiring an additional 616,297 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Palantir Technologies by 28.7% during the 1st quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after acquiring an additional 4,201,852 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Palantir Technologies by 2.5% during the 1st quarter. Amundi now owns 16,410,400 shares of the company’s stock valued at $2,400,513,000 after acquiring an additional 398,093 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

  • Positive Sentiment: Veteran technology analyst Dan Ives named Palantir one of his top AI stock picks, arguing that a projected $4 trillion AI spending cycle remains in its early stages. The endorsement supports the view that Palantir could benefit from sustained enterprise and government AI investment. Dan Ives AI stock picks
  • Positive Sentiment: Palantir’s partnership with Armada to deploy its Sovereign AI Operating System is reinforcing its push into air-gapped and sovereign infrastructure, potentially broadening demand beyond traditional government software. Palantir sovereign AI partnership
  • Positive Sentiment: Analyst coverage remains broadly constructive. Zacks highlighted Wall Street’s optimistic view, while Ives reportedly initiated coverage favoring Palantir over Oracle. The bullish case is supported by Palantir’s recent earnings beat, 92.8% year-over-year revenue growth and strong profitability. Wall Street optimism on Palantir
  • Neutral Sentiment: Investors are focused on the operating metric that will determine whether Palantir’s premium multiple can hold, particularly as costs rise and growth momentum potentially moderates. The company’s next results will be important for validating current expectations. Metric that could determine Palantir’s next move
  • Negative Sentiment: Valuation remains the main risk. Articles note that PLTR trades at a substantial premium to the software sector, leaving limited room for execution misses or slower growth. Investor Michael Burry has also taken longer-dated bearish options positions on Palantir, citing concerns about an eventual AI downturn. Michael Burry bearish Palantir position
  • Negative Sentiment: Director Lauren Friedman Stat sold 1,337 shares worth approximately $254,000 under a pre-arranged Rule 10b5-1 trading plan. The planned nature and relatively small size reduce the signal, but the sale adds to concerns about insider selling at elevated prices. Palantir director stock sale

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PLTR. Citigroup downgraded Palantir Technologies from a “buy” rating to a “market perform” rating in a report on Tuesday, August 4th. BTIG Research cut Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. William Blair reiterated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Finally, Wedbush initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.33.

Read Our Latest Research Report on PLTR

Insiders Place Their Bets

In related news, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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, Director Lauren Friedman Stat sold 3,032 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the completion of the sale, the director directly owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 536,364 shares of company stock valued at $93,083,303. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR traded up $2.05 during midday trading on Wednesday, reaching $194.12. 15,686,216 shares of the company’s stock were exchanged, compared to its average volume of 42,842,438. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The business’s fifty day moving average price is $173.33 and its two-hundred day moving average price is $149.27. The stock has a market capitalization of $466.48 billion, a PE ratio of 165.91, a price-to-earnings-growth ratio of 2.66 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the business posted $0.16 earnings per share. Palantir Technologies’s revenue for the quarter was up 92.8% on a year-over-year basis. Analysts predict that Palantir Technologies Inc. will post 1.28 earnings per share for the current fiscal year.

Palantir Technologies Company Profile

(Free Report)

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.

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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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