Palantir Technologies Inc. $PLTR Holdings Cut by Archon Partners LLC

Archon Partners LLC lowered its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 115,000 shares of the company’s stock after selling 15,000 shares during the period. Palantir Technologies accounts for about 2.1% of Archon Partners LLC’s portfolio, making the stock its 15th biggest position. Archon Partners LLC’s holdings in Palantir Technologies were worth $20,441,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bare Financial Services Inc lifted its holdings in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the last quarter. Basepoint Wealth LLC bought a new stake in shares of Palantir Technologies during the fourth quarter valued at approximately $29,000. United Financial Planning Group LLC bought a new stake in shares of Palantir Technologies during the third quarter valued at approximately $32,000. Morton Brown Family Wealth LLC raised its holdings in shares of Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after buying an additional 125 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Palantir Technologies during the fourth quarter valued at approximately $31,000. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 165,514 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $87,444,607.44. This represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This represents a 5.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 927,270 shares of company stock valued at $126,197,785 in the last three months. Insiders own 9.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on PLTR shares. Benchmark cut Palantir Technologies to a “hold” rating in a report on Tuesday. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $138.00 price target on shares of Palantir Technologies in a report on Friday, May 22nd. DZ Bank started coverage on Palantir Technologies in a report on Thursday, April 23rd. They set a “buy” rating and a $175.00 price target on the stock. Wolfe Research raised Palantir Technologies from an “underperform” rating to a “peer perform” rating in a report on Tuesday. Finally, Weiss Ratings cut Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $192.76.

Palantir Technologies Price Performance

NASDAQ PLTR opened at $130.63 on Thursday. Palantir Technologies Inc. has a 12 month low of $122.68 and a 12 month high of $207.52. The firm has a market capitalization of $313.16 billion, a PE ratio of 146.78, a P/E/G ratio of 2.11 and a beta of 1.53. The company’s 50 day simple moving average is $138.61 and its 200 day simple moving average is $153.02.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Wolfe Research upgraded Palantir, calling its AI platform best-in-class and saying the stock is “too big to ignore,” which supports the bullish case for continued enterprise AI demand. Why This Analyst Says Palantir Stock Is ‘Too Big to Ignore’
• Positive Sentiment: Another analyst note and follow-up coverage highlighted Palantir’s strong growth, improving margins, and continued leadership in AI software, reinforcing expectations that revenue momentum can remain above peers. Cognyte vs Palantir: Which AI Intelligence Stock Is the Better Buy?
• Neutral Sentiment: Multiple recent articles frame Palantir as a high-growth AI winner but also emphasize that the stock is expensive, suggesting investors remain split between growth enthusiasm and valuation discipline. Palantir: The Stock Is Expensive, But The Growth Is Not Normal
• Neutral Sentiment: Coverage also notes Palantir’s AI partnerships and customer deployments, which support the long-term narrative, but governance-related headlines from AIPCon and shareholder proposals keep some uncertainty in the background. Will New AI Partnerships And Governance Votes At AIPCon 10 Change Palantir Technologies’ Narrative
• Negative Sentiment: Michael Burry renewed criticism of Palantir, arguing Ukraine is developing its own battlefield software and replacing Palantir in some use cases, which raises questions about competitive durability in government/defense work. Michael Burry Is Using Ukraine’s Own Words Against Palantir
• Negative Sentiment: European headlines are also weighing on sentiment, including France ending work with Palantir’s intelligence agency and a Swiss legal loss tied to government-contract scrutiny and data sovereignty. French domestic spy agency ditches Palantir for local rival, PM says
• Negative Sentiment: Insider selling and valuation concerns are adding to caution, as investors worry the stock’s premium pricing leaves little room for disappointment after a strong AI-driven run. Jeffrey Buckley Sells 1,481 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Company 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.