Palantir Technologies Inc. $PLTR Shares Sold by Plato Investment Management Ltd

Plato Investment Management Ltd lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 7.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,834 shares of the company’s stock after selling 3,946 shares during the quarter. Palantir Technologies comprises approximately 0.6% of Plato Investment Management Ltd’s holdings, making the stock its 25th biggest holding. Plato Investment Management Ltd’s holdings in Palantir Technologies were worth $9,258,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bare Financial Services Inc lifted its holdings in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares in the last quarter. United Financial Planning Group LLC acquired a new position in shares of Palantir Technologies during the 3rd quarter valued at $32,000. Flagship Wealth Advisors LLC acquired a new position in shares of Palantir Technologies during the 3rd quarter valued at $32,000. Morton Brown Family Wealth LLC lifted its holdings 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 valued at $31,000 after acquiring an additional 125 shares in the last quarter. Finally, Clayton Financial Group LLC lifted its holdings in shares of Palantir Technologies by 500.0% during the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir delivered record AI-driven revenue growth, with strong demand from both U.S. commercial customers and government clients, reinforcing the company’s AI growth story. Palantir Delivers Record AI-Driven Growth
• Positive Sentiment: Analysts continue to raise earnings estimates and some have reiterated or upgraded their ratings, suggesting Wall Street still sees upside in Palantir’s long-term growth trajectory. Wall Street Analysts Predict a 40.09% Upside in Palantir Technologies (PLTR): Here’s What You Should Know
• Positive Sentiment: Palantir’s new U.S. Army interoperability hackathon partnership adds another credibility boost for its defense business and may support future government revenue. Palantir Joins U.S. Army and Industry Partners for “Right to Integrate” Hackathon Sprint for Defense-wide Interoperability
• Neutral Sentiment: Some commentary argues the stock’s post-earnings pullback is mainly a valuation reset rather than a deterioration in business quality, with investors weighing whether the AI growth rate justifies the premium. Palantir Just Crushed Earnings. So Why Is the Stock Down?
• Neutral Sentiment: Bearish takes from analysts and short-seller-style commentary are adding caution, but these arguments center on valuation and AI hype rather than any sign that Palantir’s business is weakening. Jefferies issues a stark warning for Palantir stock investors
• Negative Sentiment: Several reports say the stock is falling because Palantir’s valuation looks stretched after its huge run, and even strong results may not be enough to keep momentum going near term. Palantir Stock Shudders as Record 85% Growth Hits a Valuation Wall and Michael Burry Bets on a Total Collapse

Analysts Set New Price Targets

Several equities analysts recently weighed in on PLTR shares. Piper Sandler restated an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Tuesday, February 10th. Phillip Securities reduced their target price on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Citigroup lifted their target price on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Rosenblatt Securities lifted their target price on shares of Palantir Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Two equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.68.

Insider Transactions at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,479 shares of company stock worth $137,685,797 over the last three months. Insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $137.80 on Friday. Palantir Technologies Inc. has a 12 month low of $114.90 and a 12 month high of $207.52. The firm has a market capitalization of $329.57 billion, a P/E ratio of 154.83, a P/E/G ratio of 2.39 and a beta of 1.52. The company’s fifty day moving average price is $145.51 and its two-hundred day moving average price is $161.59.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 84.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.

About Palantir Technologies

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.