<div id="readability-page-1"><p><span>Palantir Technologies (NASDAQ:PLTR - Get Free Report)</span>'s stock had its &#34;overweight&#34; rating reiterated by stock analysts at Piper Sandler in a research report issued to clients and investors on Monday,Benzinga reports. They currently have a $170.00 price target on the stock. Piper Sandler's target price suggests a potential upside of 5.81% from the company's current price.</p><div><p><span></span><span>Get <strong>Palantir Technologies</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 07/28 - 08/01</li></ul><p>PLTR has been the subject of a number of other reports. Loop Capital lifted their price target on Palantir Technologies from $155.00 to $178.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, July 30th. DA Davidson lifted their price target on Palantir Technologies from $100.00 to $115.00 and gave the stock a &#34;neutral&#34; rating in a research note on Tuesday, May 6th. Cantor Fitzgerald lifted their price target on Palantir Technologies from $98.00 to $110.00 and gave the stock a &#34;neutral&#34; rating in a research note on Tuesday, May 6th. Morgan Stanley raised their target price on shares of Palantir Technologies from $90.00 to $98.00 and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, May 6th. Finally, The Goldman Sachs Group raised their target price on shares of Palantir Technologies from $80.00 to $90.00 and gave the stock a &#34;neutral&#34; rating in a report on Tuesday, May 6th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $96.45.</p><p><b>Get Our Latest Stock Analysis on PLTR</b></p><h2>Palantir Technologies Stock Up 4.1%</h2><ul><li>This Drone Stock Is on Sale Despite Big Army Contract</li></ul><p>Shares of Palantir Technologies stock traded up $6.39 during trading hours on Monday, hitting $160.66. 80,570,783 shares of the company's stock traded hands, compared to its average volume of 92,462,758. The stock has a 50 day simple moving average of $140.37 and a 200-day simple moving average of $112.57. The company has a market cap of $379.14 billion, a PE ratio of 698.52, a PEG ratio of 13.15 and a beta of 2.60. Palantir Technologies has a twelve month low of $21.23 and a twelve month high of $161.40. </p><p>Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). Palantir Technologies had a net margin of 18.32% and a return on equity of 6.55%.  As a group, equities research analysts predict that  Palantir Technologies will post 0.31 EPS for the current year. </p><h2>Insider Transactions at Palantir Technologies</h2><ul><li>Palantir Stock Gains Firepower From Pentagon AI Deals</li></ul><p>In other Palantir Technologies news, insider David A. Glazer sold 30,812 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $126.39, for a total value of $3,894,328.68. Following the transaction, the insider owned 495,497 shares in the company, valued at approximately $62,625,865.83. The trade was a 5.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 358,982 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $126.39, for a total transaction of $45,371,734.98. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $812,973,088.62. This trade represents a 5.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,485,632 shares of company stock valued at $191,222,623 in the last 90 days. 9.23% of the stock is owned by corporate insiders. </p><h2>Hedge Funds Weigh In On Palantir Technologies</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ignite Planners LLC boosted its stake in shares of  Palantir Technologies by 0.4% during the 2nd quarter. Ignite Planners LLC now owns 15,362 shares of the company's stock valued at $2,094,000 after buying an additional 66 shares during the period.  Christensen King &amp; Associates Investment Services Inc. lifted its stake in shares of  Palantir Technologies by 1.3% in the 2nd quarter. Christensen King &amp; Associates Investment Services Inc. now owns 5,477 shares of the company's stock valued at $747,000 after purchasing an additional 72 shares during the last quarter.  McGlone Suttner Wealth Management Inc. lifted its stake in shares of  Palantir Technologies by 1.0% in the 2nd quarter. McGlone Suttner Wealth Management Inc. now owns 7,387 shares of the company's stock valued at $1,007,000 after purchasing an additional 73 shares during the last quarter.  Boomfish Wealth Group LLC lifted its stake in shares of  Palantir Technologies by 2.7% in the 2nd quarter. Boomfish Wealth Group LLC now owns 2,779 shares of the company's stock valued at $379,000 after purchasing an additional 73 shares during the last quarter.  Finally, Farmers &amp; Merchants Investments Inc. lifted its stake in shares of  Palantir Technologies by 3.4% in the 2nd quarter. Farmers &amp; Merchants Investments Inc. now owns 2,412 shares of the company's stock valued at $329,000 after purchasing an additional 80 shares during the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Palantir Technologies Company Profile</h2> (Get Free Report)<p>Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Palantir Technologies</li><li>Dividend Payout Ratio Calculator</li><li>Traders Turn Bullish on Housing Stocks Again—3 Leading the Way</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Onsemi’s August Pullback Is a Signal to Buy for Tech Investors</li><li>How Can Investors Benefit From After-Hours Trading</li><li>AMD Outperforming NVIDIA: What’s Behind It and Can It Continue?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palantir Technologies Right Now?</h2><p>Before you consider Palantir Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palantir Technologies wasn't on the list.</p><p>While Palantir Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PLTR

<p>Piper Sandler has reaffirmed an "overweight" rating for Palantir Technologies (NASDAQ:PLTR) with a target price of $170.00, indicating a potential upside of 5.81%. The stock recently traded at $160.66, up 4.1%. Analysts have varied opinions, with four sell ratings, fifteen holds, and five buys. The company reported earnings of $0.13 per share, slightly below expectations. Insider trading activity has seen significant share sales, and institutional investors have adjusted their stakes in the company recently.</p>

- Palantir Technologies' stock received an "overweight" rating from Piper Sandler, with a price target of $170.00, indicating a potential upside of 5.81%.  
- The company reported earnings of $0.13 per share, missing the consensus estimate, and has a market cap of $379.14 billion.  
- Insider transactions revealed significant share sales, and 45.65% of the stock is owned by institutional investors, reflecting varied analyst ratings and market interest.

Palantir Technologies (NASDAQ:PLTR) Given "Overweight" Rating at Piper Sandler