Gilpin Wealth Management LLC Buys Shares of 4,632 Palantir Technologies Inc. $PLTR

Gilpin Wealth Management LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,632 shares of the company’s stock, valued at approximately $823,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Dorsey & Whitney Trust CO LLC boosted its position in Palantir Technologies by 12.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 12,946 shares of the company’s stock valued at $2,301,000 after buying an additional 1,443 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its position in Palantir Technologies by 32.9% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 16,242 shares of the company’s stock valued at $2,887,000 after buying an additional 4,025 shares in the last quarter. M Holdings Securities Inc. acquired a new stake in Palantir Technologies in the fourth quarter valued at approximately $2,803,000. Sharpepoint LLC acquired a new stake in Palantir Technologies in the fourth quarter valued at approximately $1,140,000. Finally, Ameritas Investment Partners Inc. boosted its position in Palantir Technologies by 6.7% in the fourth quarter. Ameritas Investment Partners Inc. now owns 103,393 shares of the company’s stock valued at $18,378,000 after buying an additional 6,514 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 830 shares of Palantir Technologies stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $137.41, for a total value of $114,050.30. Following the completion of the sale, the insider directly owned 61,707 shares of the company’s stock, valued at approximately $8,479,158.87. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of Palantir Technologies stock in a transaction on Monday, June 1st. The shares were sold at an average price of $160.00, for a total transaction of $255,680.00. Following the completion of the sale, the director directly owned 55,022 shares of the company’s stock, valued at approximately $8,803,520. This trade represents a 2.82% 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. In the last quarter, insiders sold 925,789 shares of company stock valued at $126,007,032. 9.53% of the stock is owned by insiders.

Palantir Technologies Trading Down 1.4%

PLTR opened at $130.21 on Thursday. Palantir Technologies Inc. has a 1-year low of $122.68 and a 1-year high of $207.52. The company has a market cap of $312.15 billion, a P/E ratio of 146.31, a price-to-earnings-growth ratio of 2.10 and a beta of 1.53. The company has a fifty day moving average price of $140.21 and a two-hundred day moving average price of $154.11.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the firm posted $0.13 earnings per share. The business’s revenue was up 84.7% compared to the same quarter last year. On average, research analysts forecast that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PLTR. Phillip Securities raised their target price on shares of Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. Citigroup raised their price target on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. HSBC downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating and dropped their price target for the company from $205.00 to $151.00 in a research note on Friday, May 1st. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price target on shares of Palantir Technologies in a research note 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 given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and an average price target of $192.76.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Management continues to showcase demand for Palantir’s AI platform, with the company highlighting customer adoption at AIPCon and announcing new enterprise partnerships, including a multi-year AI deal with McCarthy Building Companies and an AI-powered platform with Kirkland & Ellis. These updates reinforce the bull case that PLTR is becoming a core enterprise AI layer. Palantir’s AIPCon Shows Why Customers Are Fueling the Bull Case
• Positive Sentiment: Several analysts and commentators remain constructive, with Rosenblatt reiterating a buy rating and Wedbush maintaining an outperform view. That suggests some Wall Street support remains despite the recent pullback. Rosenblatt Remains a Buy On Palantir Technologies (PLTR)
• Positive Sentiment: CEO Alex Karp’s comments about enterprise customers being frustrated with frontier AI labs like OpenAI and Anthropic may help Palantir position itself as the safer, more enterprise-ready AI alternative. He also highlighted enthusiasm around SpaceX, which keeps Palantir tied to major AI/defense themes. Palantir’s Karp says businesses are ‘unhappy’ with the frontier AI labs
• Neutral Sentiment: The stock remains highly sensitive to AI sentiment and hype-cycle comparisons, with multiple articles debating whether PLTR’s premium valuation is justified after a strong run and sharp pullback. Palantir Stock Has Fallen More Than 35% From Its High. Is This the Pullback Long-Term AI Investors Have Been Waiting For?
• Neutral Sentiment: Michael Burry’s reported short against Palantir is still drawing attention and may be amplifying caution around AI stocks broadly, but it is more a sentiment overhang than a direct business development. Michael Burry’s NVDA, PLTR Shorts Are Paying Off—And More Trouble May Be Coming For AI Stocks
• Negative Sentiment: The biggest drag on PLTR is valuation risk: several recent pieces argue the stock is still expensive even after the selloff, and that earnings are the next key catalyst to prove the growth story can keep up with the multiple. Palantir Stock Has Fallen More Than 35% From Its High. Is This the Pullback Long-Term AI Investors Have Been Waiting For?
• Negative Sentiment: Broader negative headlines around AI competition, including new Anthropic model releases and concerns about frontier-lab economics, are pressuring sentiment across software names and may be contributing to Palantir’s recent decline. Workday, Oracle, and Palantir Technologies Shares Plummet, What You Need To Know
• Negative Sentiment: There is also fresh political/regulatory noise around Palantir’s UK NHS contract review, which could add headline risk if officials move toward using a break clause in 2027. UK reviewing Palantir’s NHS contract amid pressure to use break clause

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.