Palantir Technologies Inc. $PLTR Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 10.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,755,494 shares of the company’s stock after acquiring an additional 167,545 shares during the quarter. Palantir Technologies comprises 0.8% of NEOS Investment Management LLC’s investment portfolio, making the stock its 24th biggest holding. NEOS Investment Management LLC’s holdings in Palantir Technologies were worth $204,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BCGM Wealth Management LLC raised its stake in shares of Palantir Technologies by 2.0% during 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 last quarter. CYBER HORNET ETFs LLC lifted its holdings in shares of Palantir Technologies by 1.2% during the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock worth $966,000 after purchasing an additional 65 shares during the period. JDM Financial Group LLC grew its position in Palantir Technologies by 20.9% in the 2nd quarter. JDM Financial Group LLC now owns 388 shares of the company’s stock valued at $45,000 after buying an additional 67 shares during the last quarter. Financial Partners Group Inc grew its position in Palantir Technologies by 1.8% in the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock valued at $676,000 after buying an additional 68 shares during the last quarter. Finally, LifeSteps Financial Inc. increased its stake in Palantir Technologies by 4.9% in the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company’s stock valued at $217,000 after buying an additional 69 shares during the period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance supports enterprise growth. Palantir and PwC will collaborate on scaling enterprise AI, mergers-and-acquisitions transformation and ERP modernization. The partnership could help Palantir reach more corporate customers and convert AI interest into larger, recurring deployments. PwC and Palantir Expand Strategic Alliance to Help Organizations Scale Enterprise AI
• Positive Sentiment: Palantir’s implementation model is gaining industry recognition. A Fortune report noted that technology companies are increasingly adopting Palantir’s “forward-deployed engineer” approach, placing engineers directly with customers to implement AI systems. This may reinforce the company’s competitive positioning, although it also highlights a potentially labor-intensive delivery model. One of the Fastest-Growing Jobs in Silicon Valley
• Neutral Sentiment: Management continues promoting proprietary AI advantages. CEO Alex Karp argued that the key risk in enterprise AI is exposing a company’s proprietary “alpha,” rather than simply leaking data. The comments support Palantir’s emphasis on secure, customized AI deployments but do not represent a new contract or financial forecast. Palantir’s Alex Karp: The Real AI Leak Isn’t Data, It’s Your Alpha
• Negative Sentiment: Competition and valuation remain major risks. Analysts pointed to Google’s new government-focused AI tools as a potential threat to Palantir’s lucrative public-sector business. Separately, Burry renewed his criticism, alleging weakening bargaining power and channel stuffing and warning that Palantir resembles an AI-FOMO bubble. With a market capitalization above $400 billion and a triple-digit P/E ratio, the stock remains highly sensitive to any slowdown in growth or margin expansion. What’s Bugging Palantir’s Stock?

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $182.53 on Friday. The company has a market cap of $438.63 billion, a P/E ratio of 156.01, a price-to-earnings-growth ratio of 2.40 and a beta of 1.62. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The business has a fifty day moving average of $148.99 and a two-hundred day moving average of $143.33.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results 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. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 EPS. Sell-side analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on PLTR. Mizuho upped their price objective on shares of Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. BTIG Research lowered shares of Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Phillip Securities increased their price target on shares of Palantir Technologies from $190.00 to $202.00 in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Tuesday, August 4th. Finally, Wolfe Research started coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, Director Lauren Friedman Stat sold 1,342 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total transaction of $244,915.00. Following the transaction, the director directly owned 52,765 shares in the company, valued at approximately $9,629,612.50. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 721,508 shares of company stock worth $117,070,093 in the last ninety days. Corporate insiders own 9.53% of the company’s stock.

About Palantir Technologies

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.