Palantir Technologies Inc. $PLTR Stock Holdings Lifted by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 64.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 10,840 shares of the company’s stock after buying an additional 4,258 shares during the period. Plimoth Trust Co. LLC’s holdings in Palantir Technologies were worth $1,265,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. California State Teachers Retirement System lifted its holdings in Palantir Technologies by 11,040.0% in the second quarter. California State Teachers Retirement System now owns 383,800,665 shares of the company’s stock worth $44,778,024,000 after acquiring an additional 380,355,408 shares during the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the fourth quarter valued at approximately $5,149,641,000. Jennison Associates LLC acquired a new stake in shares of Palantir Technologies during the 1st quarter worth approximately $1,574,111,000. Arrowstreet Capital Limited Partnership raised its position in shares of Palantir Technologies by 277.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after purchasing an additional 7,678,747 shares during the period. Finally, State Street Corp lifted its holdings in shares of Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Down 2.3%

Shares of NASDAQ PLTR opened at $170.30 on Wednesday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The firm has a 50-day moving average of $152.46 and a two-hundred day moving average of $144.17. The company has a market capitalization of $409.24 billion, a price-to-earnings ratio of 145.56, a PEG ratio of 2.47 and a beta of 1.62.

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

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares in the company, valued at approximately $10,170,035.93. This represents a 3.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Shyam Sankar sold 150,000 shares of Palantir Technologies stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total value of $19,500,000.00. Following the completion of the transaction, the insider owned 599,899 shares in the company, valued at $77,986,870. The trade was a 20.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 721,508 shares of company stock worth $117,070,093. 9.53% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PLTR. Piper Sandler restated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. William Blair reissued an “outperform” rating on shares of Palantir Technologies in a report on Wednesday, August 26th. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. DA Davidson lifted their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.19.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir named Nebius Group (NASDAQ: NBIS) its preferred sovereign-AI infrastructure partner. Nebius will provide dedicated NVIDIA GPU capacity, while Palantir supplies its AIP, Foundry, and Apollo software. The arrangement could help enterprises keep sensitive data and models within approved jurisdictions, while allowing Palantir to expand without funding costly data-center infrastructure. Sovereign AI: Palantir and Nebius Cut the Cloud Cord
• Positive Sentiment: The partnership reinforces Palantir’s enterprise-AI growth narrative. Investors see potential for multi-year software agreements as data-residency rules and security requirements increase demand for localized computing and private model deployment. Palantir Names Nebius Its Preferred Sovereign AI Partner
• Positive Sentiment: Recent fundamentals remain strong: Palantir’s latest quarterly revenue rose nearly 93% year over year, and earnings exceeded consensus expectations. Those results drove a sharp August rally and continue to support the bullish case. Why Palantir Rallied Over 50% in August
• Neutral Sentiment: Technology-sector strength provided a supportive backdrop, but the broader market move does not address company-specific concerns about Palantir’s valuation or future catalysts. Sector Update: Tech Stocks Rise Late Afternoon
• Negative Sentiment: ARK Invest, led by Cathie Wood, continued trimming Palantir while reallocating capital toward Archer Aviation and other holdings. The selling adds near-term supply and may signal profit-taking after the stock’s steep run. Cathie Wood Bets on Archer Aviation, Trims Palantir
• Negative Sentiment: Analysts and commentators continue to warn that Palantir’s valuation—approximately 145.6 times earnings—leaves little room for execution mistakes. A downgrade citing a lack of fresh catalysts has amplified concerns that expectations have outpaced near-term fundamentals. Palantir Is Out of Catalysts
• Negative Sentiment: Michael Burry’s bearish criticism has resurfaced, questioning whether Palantir’s economics resemble a high-margin software company or a consulting-led business. Reports of insider selling and concerns about customer concentration add to the risk debate. Michael Burry Predicts 75% Crash for Palantir

About Palantir Technologies

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.