Root Financial Partners LLC Grows Stake in Palantir Technologies Inc. $PLTR

Root Financial Partners LLC grew its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 237.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,563 shares of the company’s stock after purchasing an additional 15,881 shares during the quarter. Root Financial Partners LLC’s holdings in Palantir Technologies were worth $4,011,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Milestone Asset Management LLC grew its holdings in Palantir Technologies by 229.5% in the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock worth $10,763,000 after purchasing an additional 42,173 shares during the last quarter. VCI Wealth Management LLC lifted its stake in shares of Palantir Technologies by 42.3% during the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after buying an additional 3,621 shares during the period. Public Sector Pension Investment Board lifted its stake in shares of Palantir Technologies by 135.3% during the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company’s stock worth $98,659,000 after buying an additional 310,942 shares during the period. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $222,143,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 19,662 shares of Palantir Technologies stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $2,674,818.48. Following the completion of the transaction, the insider owned 199,759 shares of the company’s stock, valued at approximately $27,175,214.36. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of Palantir Technologies stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider directly owned 375,242 shares of the company’s stock, valued at $51,047,921.68. The trade was a 4.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 922,524 shares of company stock valued at $125,501,302 over the last ninety days. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ PLTR opened at $160.65 on Tuesday. The company has a market capitalization of $385.13 billion, a PE ratio of 180.51, a P/E/G ratio of 2.48 and a beta of 1.52. The company has a fifty day moving average of $141.80 and a 200 day moving average of $155.65. Palantir Technologies Inc. has a 1 year low of $118.93 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm’s quarterly revenue was up 84.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. Research analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.

Palantir Technologies News Summary

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

• Positive Sentiment: PLTR has benefited from a broad AI-led software rally, with traders and analysts noting momentum from strong sector performance and a breakout setup after recent consolidation. Why Is Palantir Technologies Stock Trending Higher On Monday?
• Positive Sentiment: Palantir’s business fundamentals remain strong, with prior results showing 85% revenue growth and a $300 million USDA contract cited as evidence that demand for its AI/data platforms is still expanding. Palantir (PLTR) Stock: Is the Growth Story Over After a 1,000% Surge?
• Positive Sentiment: Several recent articles argue PLTR still has upside potential, including mentions that the stock may be undervalued or could keep climbing if AI adoption and enterprise spending stay strong. Prediction: This Will Be Palantir’s Stock Price in a Year
• Neutral Sentiment: Coverage comparing Palantir with Oracle and other AI names highlights that investors are still debating whether PLTR’s growth rate justifies its premium multiple, rather than pointing to a clear new catalyst. Palantir vs. Oracle: Which AI Stock Is Worth Buying in 2026?
• Negative Sentiment: Bearish pieces argue that PLTR’s valuation is stretched at roughly 161x earnings, with some saying the stock has already priced in a lot of growth and could face downside if expectations cool. Palantir (PLTR) Stock: Is the Growth Story Over After a 1,000% Surge?
• Negative Sentiment: Other recent commentary says the stock still faces technical pressure and that a lot of expected growth is already embedded in the share price, limiting near-term upside. Palantir Stock Faces Technical Pressure Despite Strong AI Growth

Analysts Set New Price Targets

Several equities research analysts have recently commented on PLTR shares. Oppenheimer started coverage on shares of Palantir Technologies in a research note on Thursday, April 30th. They set an “outperform” rating and a $200.00 price objective for the company. UBS Group lifted their price objective on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Tuesday, February 10th. Finally, DA Davidson lowered their price objective on shares of Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.76.

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.