GTS Securities LLC Buys 247,508 Shares of Palantir Technologies Inc. $PLTR

GTS Securities LLC increased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 123.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 447,973 shares of the company’s stock after acquiring an additional 247,508 shares during the period. Palantir Technologies comprises approximately 1.1% of GTS Securities LLC’s portfolio, making the stock its 17th largest position. GTS Securities LLC’s holdings in Palantir Technologies were worth $52,265,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies in the 4th quarter worth about $29,000. Cornerstone Financial Management LLC bought a new position in shares of Palantir Technologies during the 4th quarter valued at about $31,000. Wexford Capital LP purchased a new position in shares of Palantir Technologies during the 3rd quarter valued at about $36,000. Prudent Man Investment Management Inc. purchased a new position in shares of Palantir Technologies during the 4th quarter valued at about $35,000. Finally, Monetary Solutions Ltd bought a new stake in Palantir Technologies in the 4th quarter worth approximately $36,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Roundup

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 Price Performance

PLTR opened at $186.29 on Friday. The business has a 50 day simple moving average of $143.76 and a two-hundred day simple moving average of $142.05. The firm 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. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping 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 firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company earned $0.16 EPS. The business’s quarterly revenue was up 92.8% compared to the same quarter last year. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PLTR. DA Davidson upped their target price on Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price objective on shares of Palantir Technologies in a report on Thursday, July 30th. Roth Capital assumed coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Wolfe Research started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, William Blair reaffirmed an “outperform” rating on shares of Palantir Technologies in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average target price of $192.19.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 150,000 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were 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. The trade was a 20.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the transaction, the insider owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This trade 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. Insiders sold a total of 721,764 shares of company stock valued at $117,080,858 in the last 90 days. 9.53% of the stock is owned by company insiders.

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.