Ninepoint Partners LP Takes Position in Palantir Technologies Inc. $PLTR

Ninepoint Partners LP purchased a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the second quarter, Holdings Channel reports. The institutional investor purchased 19,219 shares of the company’s stock, valued at approximately $2,242,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BCGM Wealth Management LLC raised its holdings in Palantir Technologies by 2.0% in the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock worth $374,000 after purchasing an additional 64 shares during the period. CYBER HORNET ETFs LLC grew its holdings in shares of Palantir Technologies by 1.2% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after buying an additional 65 shares during the period. Verdence Capital Advisors LLC raised its stake in Palantir Technologies by 0.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company’s stock worth $3,124,000 after buying an additional 67 shares during the period. Financial Partners Group Inc lifted its holdings in Palantir Technologies by 1.8% during the fourth quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock worth $676,000 after acquiring an additional 68 shares in the last quarter. Finally, LifeSteps Financial Inc. lifted its holdings in Palantir Technologies by 4.9% during the first quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company’s stock worth $217,000 after acquiring an additional 69 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In other Palantir Technologies news, insider Shyam Sankar sold 150,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. The trade was a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company’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 value of $500,280.00. Following the transaction, the director directly owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. This trade represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 227,778 shares of company stock worth $30,696,263. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
• Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
• Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
• Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
• Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
• Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry’s Put Buys Should Not Deter Retail Investors
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on PLTR shares. Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research note on Tuesday, August 11th. Oppenheimer lowered Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. BTIG Research cut Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Cantor Fitzgerald assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They issued an “overweight” rating for the company. Finally, William Blair assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.19.

Palantir Technologies Trading Up 3.4%

Shares of NASDAQ PLTR opened at $179.94 on Friday. The company has a fifty day moving average price of $138.90 and a 200 day moving average price of $140.74. The firm has a market cap of $432.41 billion, a PE ratio of 153.79, a PEG ratio of 2.54 and a beta of 1.59. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52.

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, beating the consensus estimate 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 company’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. Equities research analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current year.

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.