Decker Retirement Planning Inc. Decreases Position in Palantir Technologies Inc. $PLTR

Decker Retirement Planning Inc. decreased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 84.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,151 shares of the company’s stock after selling 17,740 shares during the period. Decker Retirement Planning Inc.’s holdings in Palantir Technologies were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Bare Financial Services Inc grew its position in shares of Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares in the last quarter. Beaumont Financial Advisors LLC raised its holdings in Palantir Technologies by 2.0% in the fourth quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock valued at $527,000 after acquiring an additional 59 shares in the last quarter. Transcend Capital Advisors LLC raised its holdings in Palantir Technologies by 0.6% in the fourth quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,890,000 after acquiring an additional 60 shares in the last quarter. Sandbox Financial Partners LLC lifted its stake in Palantir Technologies by 1.3% in the fourth quarter. Sandbox Financial Partners LLC now owns 4,911 shares of the company’s stock worth $873,000 after acquiring an additional 61 shares during the last quarter. Finally, Monument Capital Management lifted its stake in Palantir Technologies by 1.2% in the fourth quarter. Monument Capital Management now owns 5,341 shares of the company’s stock worth $949,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on PLTR shares. Phillip Securities increased their price objective on shares of Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price objective on shares of Palantir Technologies in a research report on Tuesday, May 5th. Wolfe Research upgraded shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, June 16th. Wedbush started coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an “outperform” rating on the stock. Finally, BNP Paribas Exane initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an “underperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.76.

Insiders Place Their Bets

In other Palantir Technologies news, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This trade represents a 5.82% decrease in their position. 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 Shyam Sankar sold 165,514 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 $22,516,524.56. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at approximately $87,444,607.44. This represents a 20.48% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 927,270 shares of company stock worth $126,197,785. Corporate insiders own 9.53% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Several articles highlighted that Wall Street analysts and bullish investors still see upside in Palantir, citing its rapid revenue growth, strong recent quarterly results, and expanding role in enterprise AI adoption. Article Title
• Positive Sentiment: Palantir’s new partnership with Zeta Global was described as validation for its AI platform and a sign that its technology is gaining traction in enterprise marketing infrastructure. Article Title
• Neutral Sentiment: Some coverage framed the recent selloff as a valuation reset after a huge prior run, arguing that while Palantir remains expensive, the pullback may be making the stock more attractive for long-term investors. Article Title
• Neutral Sentiment: Other pieces repeated the long-term growth case, noting Palantir’s strong revenue expansion and AI-driven positioning, but these bullish arguments have not been enough to stop the decline. Article Title
• Negative Sentiment: The main driver of the stock weakness appears to be concerns about Palantir’s stretched valuation, profit-taking in AI stocks, and a broader rotation away from software names toward AI hardware and chipmakers. Article Title
• Negative Sentiment: Bearish commentary from Michael Burry and repeated reports of Palantir hitting fresh 52-week lows have reinforced fears that the selloff could continue if sentiment stays weak. Article Title

Palantir Technologies Stock Down 5.5%

Shares of NASDAQ PLTR opened at $107.27 on Friday. The stock has a market cap of $257.16 billion, a PE ratio of 120.53, a price-to-earnings-growth ratio of 1.80 and a beta of 1.53. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The business has a 50-day moving average price of $136.55 and a 200 day moving average price of $150.70.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company 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 company posted $0.13 earnings per share. The firm’s revenue was up 84.7% compared to the same quarter last year. Sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.

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.