Palantir Technologies Inc. $PLTR Shares Sold by BNP Paribas

BNP Paribas trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 62.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,931 shares of the company's stock after selling 21,147 shares during the period. BNP Paribas' holdings in Palantir Technologies were worth $1,509,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also modified their holdings of the company. Revolve Wealth Partners LLC purchased a new position in Palantir Technologies in the fourth quarter valued at about $450,000. Bison Wealth LLC lifted its position in shares of Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock valued at $1,296,000 after acquiring an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC increased its stake in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock valued at $1,447,000 after buying an additional 4,722 shares during the period. Schnieders Capital Management LLC. raised its position in Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock valued at $858,000 after acquiring an additional 1,694 shares in the last quarter. Vivaldi Capital Management LP bought a new position in Palantir Technologies during the second quarter valued at about $315,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

In other news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the firm'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 value of $500,280.00. Following the completion of the sale, the director directly owned 54,107 shares of the company's stock, valued at $8,927,655. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 business's stock in a transaction that occurred 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 transaction, the insider directly owned 58,171 shares in the company, valued at $10,170,035.93. The trade was a 3.41% 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 721,764 shares of company stock worth $117,080,858 in the last three months. 9.53% of the stock is owned by corporate insiders.

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 S...