Palantir Technologies Inc. $PLTR Shares Bought by Defender Capital LLC.

11 Aug 2026, 08:09 by Sarita Garza · The Markets Daily

Defender Capital LLC. lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 8.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 309,687 shares of the company’s stock after buying an additional 24,739 shares during the quarter. Palantir Technologies comprises 11.7% of Defender Capital LLC.’s holdings, making the stock its 3rd biggest position. Defender Capital LLC.’s holdings in Palantir Technologies were worth $36,131,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Basepoint Wealth LLC bought a new stake in Palantir Technologies in the 4th quarter valued at about $29,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies during the 1st quarter worth approximately $29,000. Morton Brown Family Wealth LLC grew its position in shares of Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Palantir Technologies during the fourth quarter worth approximately $31,000. Finally, Whipplewood Advisors LLC bought a new position in shares of Palantir Technologies during the first quarter worth approximately $32,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Trading Up 1.9%

Shares of NASDAQ:PLTR opened at $175.23 on Tuesday. The firm has a 50 day moving average of $132.05 and a 200-day moving average of $139.75. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The stock has a market capitalization of $420.08 billion, a PE ratio of 149.77, a PEG ratio of 2.45 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’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. On average, research analysts predict that Palantir Technologies Inc. will post 1.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PLTR. Citigroup cut Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. UBS Group upgraded Palantir Technologies from a “buy” rating to a “buy” rating in a research note on Tuesday, June 16th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a $80.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 4th. Piper Sandler reiterated an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reissued an “underperform” rating and set a $90.00 target price on shares of Palantir Technologies in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.73.

Check Out Our Latest Research Report on PLTR

Insiders Place Their Bets

In other news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. The trade was a 5.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider directly owned 60,226 shares of the company’s stock, valued at $7,757,108.80. This trade represents a 2.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,150,302 shares of company stock valued at $156,197,565 over the last ninety days. Company insiders own 9.53% of the company’s stock.

Palantir Technologies News Summary

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

Positive Sentiment: Raised guidance reinforces the growth story. Palantir was identified as a Q2 earnings-season standout after raising its outlook. Articles indicate the guidance upgrade implies approximately $362 million of additional second-half revenue, helping investors reassess the company’s near-term earnings power. Q2 Earnings Season Standouts: 3 Companies Raising Guidance
Positive Sentiment: AI-driven commercial momentum remains the main catalyst. Recent coverage highlights 93% year-over-year revenue growth, commercial revenue growth of 110%, government revenue growth of 79%, a 62% adjusted EBITDA margin, and $1.22 billion of free cash flow. Palantir’s open-weight model approach may also differentiate it from OpenAI and Anthropic by allowing customers to customize models on their own infrastructure and retain the resulting model weights. Palantir Q2: Karp Takes On The Two AI Labs
Positive Sentiment: Analysts and investors remain bullish. Bank of America reportedly set a $255 price target, while other bullish research cited targets of $218 and $255. Coverage also points to a $13.1 billion backlog and substantial room to expand Palantir’s U.S. commercial business. BofA, JPMorgan, Oppenheimer Name Their Favorite AI Stocks
Neutral Sentiment: Defense exposure is attracting attention. Palantir’s battlefield AI is reportedly helping the Pentagon accelerate target identification. However, the related missile shortage could benefit defense contractors such as Lockheed Martin and RTX more directly than Palantir. Palantir AI Boosts Pentagon Capabilities but Missile Shortage Benefits Contractors
Negative Sentiment: Valuation and profit-taking are key risks. After a sharp rally, some investors have taken profits. Palantir trades at an elevated earnings multiple, so any slowdown in growth, weaker guidance, or margin pressure could trigger significant volatility. Michael Burry’s bearish AI positioning has also kept valuation concerns in focus. Palantir Stock Valuation Risk

Palantir Technologies Company Profile

(Free Report)

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.