V. M. Manning & CO. Inc. Makes New $539,000 Investment in Palantir Technologies Inc. $PLTR

V. M. Manning & CO. Inc. acquired a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,620 shares of the company’s stock, valued at approximately $539,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PLTR. Basepoint Wealth LLC acquired a new stake in Palantir Technologies in the 4th quarter worth approximately $29,000. Morton Brown Family Wealth LLC raised its holdings in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after buying an additional 125 shares during the last quarter. Cornerstone Financial Management LLC purchased a new position in shares of Palantir Technologies in the fourth quarter worth $31,000. Wexford Capital LP acquired a new stake in shares of Palantir Technologies during the third quarter worth $36,000. Finally, Prudent Man Investment Management Inc. acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $35,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of research reports. DA Davidson lifted their price target on Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Northland Securities set a $200.00 target price on Palantir Technologies in a report on Tuesday, August 4th. UBS Group set a $215.00 price objective on shares of Palantir Technologies in a report on Tuesday. Wedbush started coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an “outperform” rating for the company. Finally, Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and an average target price of $192.19.

Insider Buying and Selling

In other Palantir Technologies news, insider Ryan D. Taylor sold 19,662 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,674,818.48. Following the sale, the insider directly owned 199,759 shares of the company’s stock, valued at approximately $27,175,214.36. This trade represents a 8.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the transaction, the insider owned 592 shares in the company, valued at approximately $80,535.68. The trade was a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,150,302 shares of company stock worth $156,197,565 in the last 90 days. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies Trading Down 2.2%

Palantir Technologies stock opened at $171.04 on Thursday. The stock has a market cap of $410.04 billion, a P/E ratio of 146.19, a price-to-earnings-growth ratio of 2.49 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 company has a fifty day simple moving average of $133.08 and a 200-day simple moving average of $139.85.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (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 the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 EPS. As a group, sell-side analysts forecast that Palantir Technologies Inc. will post 1.26 earnings per share for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Exceptional Q2 results support the long-term growth narrative. Revenue rose 92.8% year over year to $1.94 billion, exceeding the $1.81 billion consensus estimate, while adjusted earnings of $0.41 per share topped expectations by $0.07. Coverage also highlights accelerating commercial AI demand and strong cash generation. Palantir Q2 2026 Earnings Call Transcript
• Positive Sentiment: Raised guidance and demand visibility remain important catalysts. Palantir increased its outlook again, with analysts estimating the upgrade could add approximately $362 million in second-half revenue. A substantial backlog and expanding U.S. commercial business reinforce expectations that growth may remain elevated. Prediction: Palantir Stock Will Trade at $300 in 2027
• Positive Sentiment: Some analysts believe Palantir’s strategic position justifies its premium. Bullish commentary points to the company’s role in commercial and defense AI, its customizable software platforms, and potential for continued revenue acceleration. Why Palantir’s Strategic Importance Justifies the Premium Valuation
• Neutral Sentiment: Macroeconomic data produced mixed signals. A relatively benign July CPI report supported the broader technology market, but increased expectations for a September Federal Reserve rate hike remain a potential headwind for expensive growth stocks. Tesla, Palantir Fall as CPI Sends September Fed Hike Odds Higher
• Negative Sentiment: Sector rotation is overshadowing company-specific fundamentals. Strong results from AI chip and optical-networking companies encouraged investors to favor infrastructure beneficiaries over software shares, pressuring Palantir and other enterprise software stocks. Palantir Stock Falls as AI Chip Rally Overshadows Strong Q2 Results
• Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at roughly 146 times earnings and about 68 times sales. Jefferies maintained an Underperform rating, warning that the current valuation assumes sustained exceptional growth. Heavy reliance on U.S. demand is another concentration risk. Jefferies Warning on Palantir Valuation
• Negative Sentiment: Prominent investors are taking bearish or profit-taking positions. Michael Burry reportedly added to his Palantir short exposure through long-dated puts, while ARK Invest sold shares after the earnings rally. These moves may increase volatility and reinforce concerns that the stock has become overextended. Michael Burry Adds to Palantir Shorts
• Negative Sentiment: Insider selling adds to investor caution. CTO Shyam Sankar sold approximately $5.45 million of stock under a pre-arranged Rule 10b5-1 plan. The sale is not necessarily a fundamental signal, but it follows a sharp rally and can contribute to profit-taking pressure. SEC Insider Sale Filing

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.