Nwam LLC Trims Stock Position in Palantir Technologies Inc. $PLTR

Nwam LLC lessened its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 18.6% during the second quarter, HoldingsChannel.com reports. The fund owned 21,270 shares of the company’s stock after selling 4,873 shares during the period. Nwam LLC’s holdings in Palantir Technologies were worth $2,482,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies during the 4th quarter valued at $29,000. Ballast Advisors LLC bought a new position in shares of Palantir Technologies in the first quarter worth $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies in the fourth quarter worth $31,000. Whipplewood Advisors LLC purchased a new stake in shares of Palantir Technologies in the first quarter worth $32,000. Finally, Prudent Man Investment Management Inc. purchased a new stake in shares of Palantir Technologies in the fourth quarter worth $35,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In related news, insider Shyam Sankar sold 150,000 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total transaction of $19,500,000.00. Following the transaction, the insider directly owned 599,899 shares of the company’s stock, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at $10,170,035.93. The trade was a 3.41% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 720,166 shares of company stock valued at $116,825,178 over the last 90 days. Company insiders own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on PLTR shares. Northland Securities set a $200.00 target price on Palantir Technologies in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target on the stock in a report on Tuesday, August 4th. BNP Paribas Exane began coverage on Palantir Technologies in a research report on Tuesday, June 16th. They set an “underperform” rating for the company. Cantor Fitzgerald assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating for the company. Finally, Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Two equities research 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock 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: The U.S. Army awarded Palantir’s wholly owned subsidiary a prime agreement to produce and deliver eight TITAN ground-station systems, an AI- and machine-learning-enabled platform for deep sensing and battlefield targeting. A separate report valued the broader Palantir-Anduril production award at $192 million, reinforcing Palantir’s position in modern defense procurement. Palantir to Deliver Eight TITAN Systems to the U.S. Army
• Positive Sentiment: Baird analyst William Power reiterated an Outperform rating and a $200 price target after a technology demonstration, arguing that Palantir’s ontology could provide a durable competitive advantage as basic AI models become commoditized. As AI Models Become Commoditized, Palantir Is Betting Its Ontology Is the New Moat
• Positive Sentiment: Analysts and investors continue to highlight Palantir’s commercial momentum. One forecast suggests commercial revenue could exceed government revenue before 2027, while separate coverage noted a 24% increase in customers to 1,049. The potential revenue mix shift could reduce dependence on government budgets and support faster long-term growth. Can Palantir’s Customer Surge Sustain Its AI-Driven Growth Momentum?
• Neutral Sentiment: Palantir CEO Alex Karp is reportedly backing a new Ukrainian defense-technology company led by former defense minister Mykhailo Fedorov. The investment may strengthen Palantir’s international defense relationships, but its direct financial effect on PLTR remains unclear. Ukraine’s Fedorov says Palantir CEO will be first major investor in new defence company
• Negative Sentiment: ARK Invest sold approximately $26 million of Palantir shares after the stock’s strong rally, reallocating capital to other technology and cryptocurrency-related investments. The sale may add near-term selling pressure and signals that some investors are taking profits. Cathie Wood Dumps Palantir Shares Worth $26 Million
• Negative Sentiment: Valuation remains the central risk. PLTR trades at roughly 154 times earnings after quarterly revenue surged 92.8% year over year to $1.94 billion, meaning sustained high growth and margins are likely required to justify the share price. Analysts also caution that contract concentration and government procurement timing could create volatility.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $179.92 on Wednesday. The firm has a market capitalization of $432.36 billion, a PE ratio of 153.78, a price-to-earnings-growth ratio of 2.64 and a beta of 1.62. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The firm has a fifty day moving average of $146.36 and a 200 day moving average of $142.69.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share 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 business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the business posted $0.16 earnings per share. The company’s revenue for the quarter was up 92.8% on a year-over-year basis. On average, sell-side analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

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.