Palantir Technologies Inc. $PLTR Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 9.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 13,026,638 shares of the company’s stock after selling 1,283,873 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.54% of Palantir Technologies worth $1,519,818,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PLTR. PFA Pension Forsikringsaktieselskab purchased a new position in shares of Palantir Technologies during the fourth quarter worth $222,143,000. Global Retirement Partners LLC grew its stake in shares of Palantir Technologies by 6.8% in the fourth quarter. Global Retirement Partners LLC now owns 79,282 shares of the company’s stock valued at $14,092,000 after buying an additional 5,070 shares in the last quarter. Income Insurance Ltd purchased a new stake in shares of Palantir Technologies in the 4th quarter valued at $1,228,000. Sun Financial Inc acquired a new position in Palantir Technologies during the 4th quarter worth about $1,282,000. Finally, Schnieders Capital Management LLC. lifted 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 worth $858,000 after acquiring an additional 1,694 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction that occurred 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 transaction, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00. Following the transaction, the director owned 54,107 shares of the company’s stock, valued at $8,927,655. This trade represents a 5.31% 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. Insiders have sold 721,764 shares of company stock worth $117,080,858 over the last three months. Insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

PLTR opened at $186.29 on Friday. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The stock has a market capitalization of $447.67 billion, a price-to-earnings ratio of 159.22, a PEG ratio of 2.63 and a beta of 1.59. The business has a fifty day moving average price of $143.76 and a 200 day moving average price of $142.05.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.Palantir Technologies’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.16 EPS. On average, research analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on PLTR shares. William Blair reaffirmed an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set an “overweight” rating on the stock. DA Davidson raised their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Palantir Technologies in a report on Friday, July 24th. Finally, Roth Capital assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.19.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Exceptional growth and profitability: Palantir’s Rule of 40 score reportedly reached 155%, supported by approximately 93% revenue growth and a 62% adjusted operating margin. The figures reinforce the bullish view that the company is converting AI demand into both rapid sales expansion and strong cash generation. Palantir’s Rule of 40 Surge Signals Strong AI-Driven Performance
• Positive Sentiment: Defense AI momentum: Palantir’s Maven Smart System is approaching a $1 billion annual revenue run rate, while Pentagon funding and its designation as a program of record could support as much as $2.30 billion over five years. This gives investors greater visibility into a potentially significant government growth engine. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Strong technical and investor interest: PLTR recently broke out to a new high and was added to prominent best-stock and watch lists. Analysts and bullish commentators argue that the sovereign-AI opportunity and Palantir’s execution could justify price targets above current Wall Street estimates. Palantir, Nvidia Among 17 Stocks Rising Onto Best Stock Lists
• Neutral Sentiment: Covered-call strategies are being discussed after the recent rally, reflecting strong demand for PLTR exposure but also investor interest in generating income and potentially limiting downside.
• Negative Sentiment: Valuation remains a major risk: With Palantir trading at roughly 159 times earnings, some value investors view the stock as attractive only at a substantially lower price. Analysts also remain divided over whether its growth can justify the premium valuation. Value Investor Admits Palantir Cheaper Than Expected
• Negative Sentiment: Insider selling and AI concentration concerns: CEO Alexander Karp has sold nearly $86 million of stock, and co-founder Peter Thiel has reduced his stake over time. Separately, investor Steve Eisman warned that AI revenue at major cloud companies is heavily concentrated among OpenAI and Anthropic, raising questions about the durability of AI-related spending and valuations. NVIDIA, Palantir Technologies, and the AI Achilles’ Heel

Palantir Technologies Company 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.