United Capital Financial Advisors LLC Sells 4,735 Shares of Palantir Technologies Inc. $PLTR

United Capital Financial Advisors LLC decreased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.3% in the second quarter, Holdings Channel reports. The institutional investor owned 70,548 shares of the company’s stock after selling 4,735 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Palantir Technologies were worth $8,231,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PLTR. Norges Bank purchased a new stake in Palantir Technologies during the 4th quarter valued at about $5,149,641,000. Jennison Associates LLC purchased a new stake in shares of Palantir Technologies during the first quarter valued at approximately $1,574,111,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after buying an additional 7,678,747 shares during the last quarter. State Street Corp increased its position in shares of Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares in the last quarter. Finally, Cardano Risk Management B.V. lifted its position in Palantir Technologies by 917.4% in the 4th quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock valued at $1,170,596,000 after acquiring an additional 5,938,343 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on PLTR. Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research report on Tuesday, August 11th. Mizuho raised their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, August 4th. Northland Securities set a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Wednesday, May 6th. Finally, President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $25.50 to $133.00 in a report on Monday, June 29th. Two 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, 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 transaction of $500,280.00. Following the sale, the director directly owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 firm’s stock in a transaction 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 approximately $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 721,764 shares of company stock worth $117,080,858. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies News Summary

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

• Positive Sentiment: Maven is emerging as a major growth catalyst. Palantir’s Maven Smart System is reportedly approaching a $1 billion annual revenue run rate, supported by a $244 million Pentagon funding increase through March 2027. Its designation as a program of record could provide access to as much as $2.3 billion in funding over five years. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
• Positive Sentiment: Operating metrics remain unusually strong. A report highlighted Palantir’s 155% second-quarter fiscal 2026 Rule of 40 score—revenue growth plus adjusted operating margin—far above the 40% benchmark commonly used for healthy software companies. This reinforces the bullish case for buying on pullbacks. This 1 Number Proves Why You Should Buy Palantir on Every Dip
• Positive Sentiment: Recent earnings and guidance upgrades continue to support sentiment. Palantir reported better-than-expected quarterly results, raised full-year revenue guidance and continues to benefit from expansion across its government and commercial platforms. How Pentagon Maven Deal And Raised Guidance Changed Palantir’s Investment Story
• Positive Sentiment: Analyst support is adding momentum. William Blair maintained a Buy rating, citing Maven’s path toward $1 billion in annual recurring revenue and favorable defense-spending trends. Palantir Earns Buy Rating as Maven Nears Billion-Dollar Status
• Neutral Sentiment: Analysts remain divided. While some see further upside from AI and defense demand, others question whether the stock’s recent rally is fully supported by new information, since many contracts and growth trends were already public. Analysts Conflicted on Palantir and Intuit
• Negative Sentiment: Insider selling remains a risk. CEO Alexander Karp sold nearly $86 million of shares, while co-founder Peter Thiel has reduced his stake over time. These sales may pressure sentiment even though Thiel remains a major shareholder. Palantir CEO Alexander Karp Sells $86 Million in Stock
• Negative Sentiment: Valuation leaves little room for disappointment. Commentators note that Palantir trades at demanding earnings and sales multiples; investor Michael Burry has reportedly added to a PLTR short position. Michael Burry Adds to Palantir Short Position

Palantir Technologies Stock Up 4.7%

PLTR stock opened at $185.93 on Friday. The business’s 50-day moving average price is $142.60 and its 200-day moving average price is $141.74. The stock has a market cap of $446.80 billion, a P/E ratio of 158.91, a PEG ratio of 2.51 and a beta of 1.59. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued 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 business had revenue of $1.94 billion during 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 in the prior year, the business posted $0.16 EPS. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share 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.